New Delhi: Indian Railways utilised over 80 percent of its capital expenditure allocation for 2025–26 by the end of the first three quarters, reflecting accelerated spending on safety, capacity enhancement and infrastructure modernisation.
As of December 2025, Indian Railways spent 80.54 percent of the allocated Gross Budgetary Support, amounting to ₹2,03,138 crore out of a total ₹2,52,200 crore. Officials said this marked an increase of 6.54 percent in GBS utilisation compared to the same period in the previous financial year.
The Ministry of Railways said the expenditure pattern highlighted a strong focus on priority areas. Safety-related works recorded the highest utilisation, with 84 percent of the allocated funds already spent. Officials said this reflected sustained investment in measures aimed at reducing accidents and improving operational reliability.
Capacity augmentation also remained a major area of spending. Out of ₹1,09,238 crore allocated for expanding network capacity, Indian Railways expended ₹76,048 crore, which accounted for 69 percent utilisation by December. Officials said these works supported the handling of higher passenger and freight volumes.
Customer-facing infrastructure also saw significant progress. Expenditure on passenger amenities reached ₹9,575 crore, translating into 80 percent utilisation. The spending covered station improvements and facilities intended to enhance travel comfort and accessibility.
Railways CAPEX utilisation reflects decade-long infrastructure push
Officials said the benefits of consistent CAPEX over the last decade were visible across the network. Indian Railways operated 164 Vande Bharat train services and 30 Amrit Bharat train services, which officials described as outcomes of sustained investment.
The ministry also highlighted the rollout of the Kavach automatic train protection system and the electrification of over 99 percent of the broad-gauge network. In addition, works continued on new lines, gauge conversion, track doubling, traffic facilities, investments in public sector undertakings and metropolitan transport systems.
Officials said these initiatives improved speed, safety and passenger comfort while keeping fares affordable. They added that the upcoming inauguration of the Vande Bharat Sleeper train set was expected to further transform long-distance travel.
The ministry said the pace of Railways CAPEX utilisation indicated that infrastructure works were progressing on schedule. Officials added that the spending trend suggested the targets for the 2025–26 financial year were likely to be fully achieved.
