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BusinessFM announces Rs 18,000 cr scheme for public transport in urban areas

FM announces Rs 18,000 cr scheme for public transport in urban areas

Published: 1st Feb 2021 12:14 pm

New Delhi: The government on Monday announced a Rs 18,000 crore scheme to augment public transport in urban areas.

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In the first paperless Union Budget, Finance Minister Nirmala Sitharaman said there will be 100 per cent electrification of broad gauge rail tracks by December 2023.

She also said a record Rs 1,10,055 crore will be provided for railways, of which Rs 1,07,100 crore will be for capital expenditure in 2021-22.

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