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The Hindu
The Hindu
National
The Hindu Bureau

Southern Railway achieves 43% of capital expenditure target

Indian Railways Railways the Southern Railway

The Southern Railway has fast-tracked its infra projects in the current fiscal. In the first five months of 2023-24, it has incurred a capex (capital expenditure) of ₹4,207.16 crore, meeting 43% (till 11.9.2023) of the target for the financial year. 

Capital expenditure refers to expenditure incurred on creating new assets and amenities.  

The Southern Railway is a vital organisation that contributes significantly to the nation’s growth through capex. Its investments in infrastructure, job creation, economic development, and technological advancements have far-reaching impact on country’s overall development and prosperity. 

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