The correct answer is (d) 1,10,055 crores.
The Union Budget 2021-22 allocated Rs. 1,10,055 crore for the Indian Railways, which is an increase of 14.2% over the revised estimates of 2020-21. This allocation is in line with the government’s commitment to provide a modern and efficient railway network to the people of India.
The budget allocation for the railways will be used for a variety of projects, including:
- The construction of new railway lines
- The upgradation of existing railway lines
- The electrification of railway lines
- The procurement of new rolling stock
- The modernization of railway stations
The budget allocation for the railways is a significant investment in the future of India. It will help to improve the connectivity of the country and make it easier for people to travel. It will also help to boost the economy by creating jobs and stimulating demand for goods and services.
The budget allocation for the railways is also a vote of confidence in the Indian Railways. It shows that the government believes in the potential of the railways and is committed to its development. This is a positive development for the railways and for the country as a whole.
The other options are incorrect because they do not reflect the actual budget allocation for the railways in the Union Budget 2021-22.