FM announces Rs 18,000 Cr scheme for public transport in urban areas

BMTC Electric bus (BMTC Green Bus) on traffic trail run, at Nrupatunga road in Bengaluru on Sunday. DH Photo/ B H Shivakuma

The government on Monday announced an Rs 18,000 crore scheme to augment public transport in urban areas.

In the first paperless Union Budget, Finance Minister Nirmala Sitharaman said there will be 100 percent electrification of broad gauge rail tracks by December 2023.

She also said a record Rs 1,10,055 crore will be provided for railways, of which Rs 1,07,100 crore will be for capital expenditure in 2021-22.