Govt to shift focus to railways from road transport

India will bump up spending on the modernisation of its railways in the upcoming federal budget while marginally increasing allocations to road building, two government sources said.

- Reuters

NEW DELHI:

Prime Minister Narendra Modi's government has ramped up infrastructure spending, particularly on the road network, since the pandemic to drive economic growth, but execution challenges could see the focus shift to the railways, the sources said.

Finance Minister Nirmala Sitharaman will present the 2025-26 budget on February 1.

The sources requested anonymity as they are not authorised to speak to the media about the budget discussions.

India's finance, road transport, and railways ministries did not respond to emails seeking comment.