IR to invest Rs 7,000 billion to lay 50,000 km of track by 2033

IR is expected to spend Rs 7,000 billion to lay 50,000 km of new train tracks by 2033. For 2023-24 period, funds worth Rs 318.5 billion were allocated for new lines as compared to Rs 260 billion and Rs 210 billion for 2022-23 and 2021-22 respectively.