Rly capex not yielding, surgical restructuring needed: Subhash Garg
Garg said during Fortune India pre-budget roundtable that the capital expenditure in the railways sector is not yielding returns and called for a surgical restructuring.
indian railway project
July 2024
December 2021
Record infra spend by Indian Railways; capex up 64%
In capex utilisation to budgetary allocation, railway ministry logged a 56% achievement in April-October FY22, against 52% in the year-ago period.
