1) Indian Railways is over 150 years old and is the largest rail network in the world under one management. It carries around 3.04 million tonnes of freight and 22.4 million passengers daily. 2) The 2018-19 rail budget allocated Rs. 1.48 lakh crore for safety and development projects like WiFi, CCTV, track renewals and station redevelopments. 3) 100% foreign direct investment is allowed in rail infrastructure projects like dedicated freight corridors, signaling systems and terminals to boost investment opportunities.