The correct answer is ?15,710. 44 crore. The Union Budget has allocated ?1,40,367. 13 cr to the Railway Ministry “ ?20,311 cr more than the revised figures of the previous fiscal (2021-22). It also allocated ?15,710. 44 cr to the Dedicated Freight Corridor, whose assets will be monetized by the Railways for operations and maintenance. ?38,686. 59 cr was earmarked for investment in PSUs, joint ventures, and special purpose vehicles. The Present Union Railway Minister is Shri. Ashwini Vaishnaw (As of Feb 2022). Important Points? ?The rail sector will also develop œOne Station One Product", which will leverage local produce carried on the railways. As a part of Atmanirbhar Bharat, a 2,000 km network will be brought under 'Kavach', the indigenous world-class technology for safety and capacity augmentation in 2022-23. The finance minister said 100 PM GatiShakti Cargo Terminals for multi-modal logistics facilities will be developed during the next three years.