FEB 1: Finance Minister Nirmala Sitharaman has begun delivering her Budget speech that is expected to provide relief to the pandemic-hit common man as well as focus more on driving the economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours.
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During the Budget speech, Finance Minister Nirmala Sitharaman announced the highest-ever package of 1.1 lakh crore for Railways.
Of the total amount, 1.07 lakh crore of provision to Indian Railways in FY22 is for capital expenditure, she added.
Sitharaman further said that Metrolite and Metroneo technologies will be deployed in Tier-2 cities and along the periphery of Tier-1 cities.