Acting on the Chief Minister's directives, Rehabilitation Minister Sukhbinder Singh Sarkaria and Health Minister Brahm Mohindra have already gone to Amritsar.
A commuter train travelling at high speed ran through a crowd of people on the rail tracks in northern India killing at least 59 people on Friday, state officials said, making it India's worst rail disaster this year.
Free treatment at government and private hospitals would also be offered to those injured, said Singh.
The body of a victim of a train accident lies covered in cloth on a railway track in Amritsar, India, Friday, Oct. 19, 2018.
Press Trust said two trains arrived from the opposite direction on separate tracks at the same time, giving people little chance to escape. "The priority now is to take the injured to the hospital", Amritsar city police commissioner S.S. Srivastava told reporters.
Officials said the exact death toll remains unclear.
The accident occurred when these people, standing on a railway track, were watching an effigy of Ravan going up in flames as part of the Dussehra celebrations.
ERROR: Macro /ads/dfp-ad-article-new is missing! She later said she rushed to the hospital immediately after the incident.
Quting an eyewitness, news agency ANI reported that the speeding train ran over several people during Dussehra celebrations, in Choura Bazar near Amritsar. "Have asked officials to provide immediate assistance that is required", Modi tweeted. The train was en route to Amritsar from Jalandhar.
India's Prime Minister Narendra Modi said he was extremely saddened by the train accident.
"Shocked to hear about the tragedy on rail tracks in Amritsar, Punjab".
India is home to hundreds of railway crossings that are unmanned and particularly accident prone, with motorists often ignoring oncoming train warnings.
"The tragedy is heart-wrenching", he tweeted. My deepest condolences to the families who lost their loved ones. In 2016, 146 people were killed when a train slid off railroad tracks in eastern India. The rescue operation is underway.