Railways to spend entire outlay of ₹1.21L cr in FY17
Indian Railways will spend the entire ₹1.21 lakh crore earmarked for 2016-17, Minister of State for Railways Manoj Sinha said. Corruption in development processes is being rectified, he stated, adding Railways is preparing to work on larger scales. The average investment in Railways during the last five years was ₹46,000 crore, which was increased to ₹1 lakh crore last year.