Indian Railways utilises over 80% of FY26 capex in first 9 months
Indian Railways capex plan: This expenditure is primarily focused on safety measures, capacity enhancement, infrastructure modernization and passenger amenities.
The national transporter stated that in the safety-related works category, 84 per cent of the allocated funds have been utilised. (Image generated using AI)
Indian Railway capital expenditure:Indian Railways has utilised more than 80 per cent of the capital expenditure allocated under the Gross Budgetary Support (GBS) outlay for FY 2025–26 in the first nine months. This expenditure is primarily focused on safety measures, capacity enhancement, infrastructure modernization and passenger amenities.
In a release, the national transporter said it had spent 80.54 per cent, or Rs 2,03,138 crore, of the total GBS outlay of Rs 2,52,200 crore as of the end of December 2025.
“As of the end of December 2025, Indian Railways has spent 80.54 per cent, i.e., Rs 2,03,138 crore of the total GBS of Rs 2,52,200 crore. This represents a 6.54 per cent increase in GBS utilization compared to the same period last year (December 2024),” it said.
Classification of capital expenditure in Indian Railways
The national transporter stated that in the safety-related works category, 84 per cent of the allocated funds have been utilised. For capacity augmentation, Rs 76,048 crore, or 69 per cent, has been spent out of the Rs 1,09,238 crore allocated. The customer amenities recorded 80 per cent utilisation, with expenditure reaching Rs 9,575 crore as of December 2025.
It added that the result of consistent capital expenditure (CAPEX) over the past decade is reflected in the rollout of 164 Vande Bharat train services, 30 Amrit Bharat services, the implementation of the Kavach (an indigenously-developed automatic train protection system), over 99 per cent electrification of the broad-gauge network and extensive works spanning new lines, gauge conversion, track doubling, traffic facilities, as well as investments in PSUs and metropolitan transport systems.
“These initiatives have significantly improved speed, safety, and passenger comfort, while keeping rail travel affordable. These trends indicate that the Ministry of Railways’ GBS expenditure plan is on track, with infrastructural works being executed expeditiously,” reads the statement.
Anish Mondal is a journalist with over nine years of experience covering the railways and roadways. Currently a member of the Indianexpress.com editorial team, Anish specializes in high-impact sectors.
Professional Journey
Anish began his career at the public broadcaster Rajya Sabha Television (now Sansad TV), where he developed a foundational understanding of legislative processes and national governance. In 2018, he transitioned to digital financial journalism at FinancialExpress.com, spending nearly six years refining his expertise in market trends and corporate reporting. Before joining The Indian Express in 2025, he served as a key contributor at ETNowNews.com.
Education & Expertise
Anish’s reporting is backed by a rigorous academic background in communication and the humanities:
Master of Journalism and Mass Communication (MJMC) – Apeejay Stya University
Post Graduate Diploma in Journalism and Production (PGTVRJP) – Apeejay Institute of Mass Communication
Bachelor of Arts (English Honours) – University of Calcutta
Areas of Coverage
Connectivity: Detailed reporting on the expansion of Indian Railways and National Highway networks. ... Read More