Railway utilised 98% capex by February end; trains to dominate flights in new corridors, says Ashwini Vaishnaw

AI Summary

Union Minister Ashwini Vaishnaw announced that the railway sector utilized 98% of its capital expenditure by the end of February, indicating a strong commitment to infrastructure improvements. The developments are expected to shift transportation preferences, with many choosing trains over flights in newly established corridors.

Union Minister Ashwini Vaishnaw said that in many of these routes the travel time will be significantly reduced and people will prefer trains over airlines on those routes