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Indian Railways expects hike in budgetary support

Indian Railways expects hike in budgetary support

The Indian Railways seeks increase in budgetary support for 2013-14 to Rs 38,000 crore from Rs 24,000 crore in the current financial year because of rise in diesel cost and a large number of pending projects.During the 12th Five Year Plan (2012-17), Railways plans to invest Rs 5 trillion in capacity addition.