Indian Railways Utilises Over 80 Percent of CAPEX in First Three Quarters of Current Fiscal

• Indian Railways spent 80.54% of its Gross Budgetary Support (GBS) of ₹2,52,200 crore — i.e. ₹2,03,138 crore — in the first 9 months of FY 2025-26 (April-December 2025).
• A 6.54% increase in GBS utilisation over the corresponding period of FY 2024-25.
• Relevance: GS-III (Infrastructure / Economy) — illustrates fiscal absorption, capex-led growth multiplier, and the safety-capacity-modernisation thrust of the Modi-era Railways.