An outlay Rs 63,363 crore has been proposed for 2013-14 Rail Budget which will be financed through Gross Budgetary Support of Rs 26,000 crore, Railways Share in Road Safety Fund of Rs 2,000 crore and internal resources of Rs 14,260 crore. Highlighting the importance of financially sustainability of Indian Railways for its efficient upkeep, operation and maintenance, Railway Minister, Pawan Kumar Bansal said that we must be realistic in setting targets.
He said that during the year the Railways shall have to borrow Rs 15,103 crore from market and shall have to mobilise Rs 6,000 crore through Public Private Partnership (PPP) route for its operations proposed in the Budget. The Railway Minister said that freight earning is expected to be Rs 93,554 crore, 9 per cent higher than the previous budget year.
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