12th Plan outlay for Railways fixed at Rs.5,19,221 Cr.

The government has finalised an outlay of Rs5,19,221 crore for the Railways in the 12th Five Year Plan (2012-2017), including gross budgetary support of Rs1,94,221 crore, internal generation of Rs1,05,000 crore and extra budgetary resources of Rs2,20,000 crore.

The ministry of railways has proposed an outlay of around Rs5,48,000 crore in the Twelfth Plan period, but the Planning Commission has pruned it to Rs5,19,221 crore.

The plan panel decides on the outlay for different sectors keeping in view the total availability of resources and requirement of resources in different sectors.

Giving this information in the Rajya Sabha today, minister of state for railways Adhir Ranjan Chowdhury said in a written reply that for financing the 12th Plan outlay, adequate gross budgetary support, mobilisation of extra budgetary resources, including bonds and public-private partnership (PPP) in identified areas and mobilisation of internal resources would be necessary, adding that all efforts are being made for mobilising these resources.

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