In the Union Budget 2023-24, the railroads were allotted Rs 2.41 lakh crore, which is the most money that has ever been spent on capital expenditures for the sector. On Wednesday, following the introduction of Budget 2023 by Finance Minister Nirmala Sitharaman, Union Railroads Minister Ashwini Vaishnaw gave a speech regarding how the railways intended to use the budget that was allotted to them.

According to Ashwini Vaishnaw, 1,275 stations are undergoing renovations, while the manufacturing process for Vande Bharat trains is undergoing an overhaul.

“A budget of 2.41 million crore rupees has been been aside for the Railways. This is a significant adjustment, and it will allow passengers’ hopes and dreams to be realised. The ‘Amrit Bharat Station’ initiative is responsible for the renovation of 1,275 stations around the country. Ashwini Vaishnaw, the Minister of Railways, announced on Wednesday that there will be a revision of the production of Vande Bharat trains.
He went on to say that the production of Vande Bharat trains would now also take place in Sonipat, in the state of Haryana, and in Latur, in the state of Maharashtra.
It will fulfil Prime Minister Modi’s dream of connecting every corner of the country with Vande Bharat trains, and now, in addition to ICF Chennai, Vande Bharat trains will be manufactured in Haryana’s Sonipat and in Maharashtra’s Latur “Ashwini Vaishnaw, the Minister of Railways, made this statement. He went on to say that the production of Vande Bharat trains would now also take place in Sonipat, in the state of Haryana, and in Latur, in the state of Maharashtra.
It will fulfil Prime Minister Modi’s dream of connecting every corner of the country with Vande Bharat trains, and now, in addition to ICF Chennai, Vande Bharat trains will be manufactured in Haryana’s Sonipat and in Maharashtra’s Latur “Ashwini Vaishnaw, the Minister of Railways, made this statement.

Also read:- Budget 2023: Revised tax slab, Infrastructure and Job push | 10 points

In addition, Ashwini Vaishnaw mentioned that the nation will have passenger trains that are powered by hydrogen by the end of this year in December.
The hydrogen train is scheduled to arrive in India by the end of the year 2023 and will be designed and constructed there. According to Ashwini Vaishnaw, “Initially, it will operate on heritage circuits like Kalka-Shimla, and later on, it would be spread to other locations.”

Revamped stations, more Vande Bharat trains: How Railways plans to use Rs 2.41 lakh cr Budget pic.twitter.com/lUQMlal0Qt

— Times No1 (@no1_times) February 1, 2023

The post Budget 2023-2024: Revamped stations, more Vande Bharat trains: Railways’ Rs 2.41 lakh cr Budget appeared first on Republic Aeon.

Web Desk for India Today In less than three weeks, Finance Minister Nirmala Sitharaman will present the Union Budget 2023, and she pledged that the federal government will continue to support the middle class. According to Sitharaman, who is from a middle-class family and is aware of the challenges they confront, the BJP-led NDA government has not yet added any new taxes for the middle class in any budget.

“I identify as middle class and belong to the middle class so that I can understand them. According to Sitharaman, the Modi administration has not yet included a new tax on the middle class in a budget. She went on to say that those with incomes up to Rs. 5 lakh are not subject to taxes.

The government will continue to “work for the middle class” in the 2019 budget, the finance minister added.

Also read: ‘Shameful For A Nuclear Power To Beg’: Pakistani Prime Minister During Financial Crisis

“We brought the Metro to 27 locations, and the middle class uses public transportation the most. We’re concentrating on the objective of smart cities as many middle class people relocate to cities in quest of employment. Sitharaman remarked, “We will keep working for the middle class.

Delhi| I belong to middle class & identify myself as middle class so I can understand them. Modi govt has not levied any new tax on middle class in any budget so far. No tax levied on people who earn salary up to Rs 5 Lakhs: Nirmala Sitharaman, Finance Minister (15/01) pic.twitter.com/SGu8KF1uW4

— ANI (@ANI) January 16, 2023

The majority of India’s population, the middle class, has great hopes for the 2019 budget, which will be announced on February 1. Expectations are mostly focused on tax relief, healthcare reform, and employment since it will be the current government’s final comprehensive budget before the general elections in 2024.

The post Nirmala Sitharaman outlines her middle-class strategy in the budget for 2023. appeared first on Republic Aeon.