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An Analysis of the Fiscal Budget for Vande Bharat Express in 2026-27


Authors : Dr. Nayana Thammaiah; Kaveramma M. S.; Thangamma K. C.; Chashmitha C. U.; Mohammed Asker

Volume/Issue : Volume 11 - 2026, Issue 10 - October


Google Scholar : https://tinyurl.com/jktxucnc

DOI : https://doi.org/10.38124/ijisrt/26Oct606

Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.


Abstract : Vande Bharat Express has become a prominent symbol of the modernisation of Indian Railways. It is an indigenously designed semi-high-speed train service intended to provide faster inter-city travel, improved passenger comfort, modern safety systems and a more contemporary railway experience. Its expansion must, however, be examined in the context of the larger fiscal framework of Indian Railways because expenditure on rolling stock is only one component of the total investment required. Tracks, signaling, electrification, stations, maintenance depots, safety technology and human resources are equally important.

Keywords : Budget, Vande Bharat, Railway Transport.

References :

  1. Government of India, Ministry of Finance. Union Budget 2026–27: Expenditure Profile and Ministry of Railways Demand for Grants, 2026–27.
  2. Government of India, Ministry of Finance. Union Budget 2026–27: Railway Statements – Overview of Receipts and Expenditure, Railway Expenditure, Railway Receipts and Investment Statements.
  3. Government of India, Ministry of Finance. Economic Survey 2025–26, Chapter on Infrastructure and Railways.
  4. Government of India, Press Information Bureau, Ministry of Railways. “Thanks to Rising Popularity, Vande Bharat Trains Driving Demand for New Era of Fast, Comfortable & Modern Rail Travel Across the Country,” 10 April 2026.
  5. Government of India, Press Information Bureau, Ministry of Railways. “Indian Railways Focused on Providing Affordable, High-Quality and Passenger-Centric Rail Services to All Sections of Society,” 23 July 2026.
  6. Government of India, Press Information Bureau. “Indian Railways Utilises More Than ₹1.14 Lakh Crore Till July 2026,” 5 August 2026.
  7. Government of India, Press Information Bureau. “Consequential Train Accidents Plunge 89% to 16 in 2025–26,” 1 April 2026.
  8. Comptroller and Auditor General of India. Report No. 30 of 2026, Railway Finances, tabled August 2026.
  9. PRS Legislative Research. Demand for Grants 2026–27 Analysis: Railways.
  10. Indian Railways. Annual Report and Accounts 2023–24.
  11. Parliament of India / Lok Sabha. Parliamentary information concerning Vande Bharat passenger numbers, occupancy and Indian Railways passenger revenue.
  12. Ministry of Railways. Official publications and statistical information on Vande Bharat services, passenger traffic, safety, electrification and railway modernisation.

Vande Bharat Express has become a prominent symbol of the modernisation of Indian Railways. It is an indigenously designed semi-high-speed train service intended to provide faster inter-city travel, improved passenger comfort, modern safety systems and a more contemporary railway experience. Its expansion must, however, be examined in the context of the larger fiscal framework of Indian Railways because expenditure on rolling stock is only one component of the total investment required. Tracks, signaling, electrification, stations, maintenance depots, safety technology and human resources are equally important.

Keywords : Budget, Vande Bharat, Railway Transport.

Paper Submission Last Date
31 - October - 2026

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