* India is projected to account for 40% of the total global share of rail activity by 2050.
* In 2024-2025, the goal is to upgrade 40,000 conventional rail bogies to meet the 'Vande Bharat' standards.
* In 2023-24, traffic revenue is estimated to be Rs. 2,64,600 crore (US$ 32.18 billion), comprising 99.8% of the total revenue.
* Indian Railways is developing and creating technology in areas such as signaling and telecommunication with 15,000 kms being converted into automatic signaling and 37,000 kms to be fitted with ‘KAVACH’, the domestically developed Train Collision Avoidance System.
* Foreign Direct Investment (FDI) inflows in railway-related components stood at US$ 1.40 billion from April -March 2024.
* The government has laid an ambitious target to allocate US$ 1.4 trillion between 2019 and 2023, including investment to the tune of US$ 750 billion on the railway infrastructure by 2030.
* Under the Union Budget 2024-25, the government allocated Rs. 2.62 lakh crore (US$ 31.5 billion) to the Ministry of Railways.
* Government has allowed 100% FDI in the railway sector.
*Indian Railways crafted the National Rail Plan (NRP) for India - 2030 to develop a modern railway system.
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