Correct option is A
Correct Answer: (a) ₹1.48 lakh crore
Explanation: In the Union Budget 2018-19, Indian Railways received a record allocation of ₹1.48 lakh crore for capital expenditure. This allocation aimed at enhancing railway infrastructure, safety, and passenger amenities. The budget focused on capacity expansion, track doubling, gauge conversion, and modernization of train services to improve efficiency and ensure safer railway operations.
Key Points for Exam:
· Budget Allocation: ₹1.48 lakh crore
· Purpose: Capital expenditure for infrastructure and safety improvements
· Focus Areas:
· Expansion of railway capacity
· Modernization of passenger amenities
· Implementation of new safety measures
· Key Initiatives:
· Track doubling and gauge conversion projects
· Introduction of modern train sets with advanced facilities
· This significant investment highlighted the government's commitment to strengthening railway services and ensuring passenger safety.