Rail Budget

The Rail Budget is a financial plan presented by a country's rail ministry that outlines the allocation of funds for the railways. It includes proposals for new train services, infrastructure projects, safety upgrades, and maintenance costs. The budget aims to improve railway efficiency and services, addressing passenger needs and freight transport. In India, for example, the Rail Budget is a highly anticipated event where the Minister of Railways presents the financial health of the railway system, future plans, and policy initiatives to enhance connectivity and economic growth. It reflects the government's priorities for public transportation.