Indian Railways plans a Rs 16.7 lakh crore investment by 2031 to modernize with private help.

Indian Railways plans a massive investment of Rs 16.7 lakh crore by 2031 to upgrade infrastructure, including stations, high-speed rail, and freight corridors. This aims to modernize the rail network, with private sector involvement from companies like Larsen & Toubro. Railway station redevelopments and dedicated freight corridors are key components, reflecting a growing budget allocation.