In some relief to the railways, the finance ministry has restored support to IR from general exchequer to the tune of Rs.32,000 crore for the current fiscal. The ministry had earlier slashed the gross budgetary support (GBS) to the railways by Rs.12,000 crore for 2015-16, citing slow pace of work.
The railways has asked finance ministry to restore its GBS of Rs.40,000 crore.
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