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In Last Five Years, Expenditure Of Rs 1,05,378 Crore Incurred On Rashtriya Rail Sanraksha Kosh

in National December 15, 2023 Comments Off on In Last Five Years, Expenditure Of Rs 1,05,378 Crore Incurred On Rashtriya Rail Sanraksha Kosh 345 Views

Newdelhi:15/12/23:Replacement of railway assets viz. railway tracks, bridges, locomotives, wagons & signaling equipment is a continuous process, which is taken up on age-cum-condition basis under coral life provisions. Regular inspection of railway assets is carried out to ensure their fitness for service. Obsolete railway assets are condemned and replaced with new technology on age-cum-condition basis.

The actual expenditure on replacement/upgradation of assets over the last 5 years is given below:

(₹ in Crore)
Year Amount
2018-19 20407
2019-20 18557
2020-21 28529
2021-22 28517
2022-23 26855
Total 122865

The total expenditure ₹1,22,865 crore is funded to the extent of ₹78,501 crore from Gross Budgetary Support and balance from Internal Generation and Extra Budgetary Resources on Ministry of Railways. The outlay for Budget Estimate (BE) 2023-24 is ₹29,325 crore.

Capital expenditure on replacement of track is captured under Plan head 31-Track Renewals, while expenditure on replacement of coaching stock is included in Plan head 21-Rolling Stock. The actual expenditure on these Plan heads, over the last five years is indicated in the following table:

(₹ In Crore)

Year Track Renewals Rolling Stock Programme
2018-19 9690 1815
2019-20 9391 1178
2020-21 13523 3466
2021-22 16558 2870
2022-23 16325 2034

The outlay in BE 2023-24 is ₹17,297 crore for PH-31 Track Renewals and ₹2000 crore for PH-21 Rolling Stock.

Rashtriya Rail Sanraksha Kosh (RRSK) was introduced in 2017-18 for renewal/replacement/upgradation of critical safety assets with a corpus of ₹1 lakh crore for five year period. Currency of the Fund has been extended for another five year term from 2022-23 with Gross Budgetary Support (GBS) of ₹45000 crore.

In the last five years i.e. from 2018-19 to 2022-23, a gross expenditure of ₹1,05,378 crore has been incurred on RRSK works. This includes ₹65,000 crore from GBS and balance ₹40,378 crore from internal and extra budgetary resources by Ministry of Railways.

This information was given by the Minister of Railways, Communications and Electronic & Information Technology, Shri Ashwini Vaishnaw in a written reply to a question in Rajya Sabha today.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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