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Railway Budget 2024: When is it? What to expect? All your questions answered

Railway Budget 2024 to focus on ticket fare adjustments, new train introductions, and safety enhancements.

Updated on: Jul 20, 2024, 11:39:37 IST
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Who will present the Railway Budget this year?

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The Railway Budget will be presented by Finance minister Nirmala Sitharaman along with the Union Budget.

Railway Budget 2024: The Railway Budget is the annual financial statement of Indian Railways which outlines the expenditure needed to achieve revenue targets and for the development of the railway network.
Railway Budget 2024: The Railway Budget is the annual financial statement of Indian Railways which outlines the expenditure needed to achieve revenue targets and for the development of the railway network.

When will Railway Budget be announced?

The Railway Budget will be announced during the Union Budget 2024-25 speech on July 23, 2024. The Budget speech will start at 11:00am.

Who is the Railway Minister?

Ashwini Vaishnaw took charge of the Ministry of Railways on June 9, 2024 after the Lok Sabha elections.

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Will ticket prices for passengers be lowered?

In February 2024, Indian Railways reduced the ticket prices to pre-covid era. Experts do not expect a similar move in the upcoming Budget.

Will there be any new trains introduced or existing routes expanded this year?

Yes, Nirmala Sitharaman's speech is likely to include announcements like increasing the number of coaches, upgrading existing trains and new Vande Bharat categories.

  • Mallika Soni
    ABOUT THE AUTHOR
    Mallika Soni

    When not reading, this ex-literature student can be found searching for an answer to the question, "What is the purpose of journalism in society?"

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