Insta
Full Speed Ahead: India Is Trying To Complete Bullet Train Project Ahead Of Schedule, Says Piyush Goyal
Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe shake hands in front of a shinkansen train during their inspection at a bullet train manufacturing plant in Kobe, Hyogo prefecture on 12 November 2016. (JIJI PRESS/AFP/Getty Images)
India's ambitious bullet train project is well ahead of schedule and is likely to be completed by 2022, said a report in ANI.
Union Railways Minister Piyush Goyal said the project is on track and is expected to be completed a year ahead of its estimated deadline of December 2023.
"We are working for the acquisition of land in Maharashtra and Gujarat. There are some concerns with local people and a dialogue is going on. I am very confident very soon we will and I am very confident that very soon we will resolve it. We are trying our best to complete the work by 2022 before its deadline, 2023," he was quoted as saying by the ANI.
The bullet train between Ahmedabad and Mumbai will run a total length of 508 km, of which 21 km will be covered in the tunnel under the sea.
The cost of the project is Rs 1.10 lakh crore, and Japan is giving a loan of Rs 88,000 crores for the same at a minimal interest of 0.1 per cent, which has to be repaid over 50 years.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.
Latest
