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Indian Railways utilises over 80 percent of capex by Q3FY26

Tuesday, 06 Jan 2026
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Indian Railways has utilised over 80 percent of its Gross Budgetary Support (GBS) for 2025-26 by December 2025, amounting to Rs 2,03,138 crore of the total Rs 2,52,200 crore, a 6.54 percent increase in capex utilisation compared to same period last year.

The expenditure has primarily focused on safety measures, capacity enhancement, infrastructure modernisation, and passenger amenities, with 84 percent of safety funds and 80 percent for customer amenities already spent. Capacity augmentation has seen Rs 76,048 crore of the allocated Rs 1,09,238 crore utilised. With the Vande Bharat sleeper train set for inauguration, the Railways is poised to transform long-distance travel.

“The results of consistent capital expenditure over the last decade are evident in 164 Vande Bharat train services, 30 Amrit Bharat trains, the Kavach automatic train protection system, over 99% electrification of the broad-gauge network, and extensive works on new lines, gauge conversion, track doubling, and metropolitan transport systems,” the ministry noted. The GBS expenditure plan is on track, and the current year’s targets are likely to be fully achieved.

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