Tamil Nadu’s Ten New Rail Projects Utilised Only 31% of Funds in 2023-24

✍️ DT Next 🗓 08 Sep 2026, 10:48 AM 👁 39

The state’s ten newly approved railway projects spent just 31% of their allocated budget last financial year, prompting a reduced allocation for 2026-27.

Tamil Nadu’s government has disclosed that the ten railway projects launched in the last fiscal year utilized only 31% of the funds earmarked for them. The under‑spending figure reflects a significant gap between projected and actual outlays on the new rail infrastructure.

The shortfall has led the state’s finance department to revise the budget for the 2026-27 financial year, cutting the allocation for these projects. Officials said the revised figure aims to align future spending with realistic execution timelines.

While the projects remain on the state’s development agenda, authorities intend to monitor progress closely to avoid further discrepancies between planned and actual expenditures.

Stakeholders, including the rail ministry and local contractors, have been urged to accelerate work and improve financial management to ensure the projects deliver the intended connectivity benefits.

The government will release detailed figures on the revised allocation in its upcoming budget statement.