Railways proposes Rs.5.48 Lakh crore outlay for the 12th Plan

The Railways had proposed an outlay of Rs. 5.48 lakh crore for the Twelfth Plan to the Planning Commission. However, an outlay of Rs. 5.19 lakh crore was approved by the Planning Commission. Outlay for different sectors is decided by the Planning Commission keeping in view the total availability of resources and requirement of resources in different sectors.

For financing the Twelfth Plan outlay, adequate Gross Budgetary Support, mobilization of Extra Budgetary Resources including bonds and Public-Private Partnership (PPP) in identified areas and mobilization of internal resources would be necessary.