India, Feb. 1 -- Union finance minister Nirmala Sitharaman on Sunday announced seven high-speed rail corridors and allocated Rs.2,77,830 crore to the ministry of railways for capital expenditure in 2026-27, up from Rs.2,52,000 crore in 2025-26.

"...to promote environmentally sustainable passenger systems, we will develop seven high-speed rail corridors between cities as growth connectors... Mumbai to Pune, Pune to Hyderabad, Hyderabad to Bengaluru, Hyderabad to Chennai, Chennai to Bengaluru, Delhi to Varanasi, Varanasi to Siliguri," she said in her budget speech.

She announced a new dedicated freight corridor between Dankuni in West Bengal and Surat in Gujarat to promote environmentally sustainable movement of cargo.

Work on one high-s...