Railway Budget 2024: Railways is one of the key drivers of the PM GatiShakti scheme and the National Logistics Policy. The PM GatiShakti – the National Master plan for multi-modal connectivity – has a size of Rs 100 lakh crore, which aims to achieve decongestion of railway infrastructure by 51% by 2024-25. The substantial fund allocation was aimed at the ambitious project of laying new railway lines, aimed at easing congestion within the Indian Railways network and ensuring its preparedness for the future.
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