Mumbai: Work on the Mumbai-Ahmedabad high-speed rail corridor project will start by late 2017 or early 2018 and will be completed in five years. This is what railway board chairman A K Mittal said at the Make In India Week on Sunday evening.
The Mumbai-Ahmedabad high speed corridor project is one of the ambitious projects promised by Prime Minister Narendra Modi's government and is on the priority list.
Addressing a press conference after the first joint meeting, Mittal said that Japan International Cooperation Agency will fund 81% of the project cost of Rs 98,000 crore as a soft loan with a 50-year term, a moratorium of 15 years with an interest rate of 0.1%.
Modi ji you are a great!!! Haha
Would be great to see bullet trains criss-crossing the country!
before bullet trains we need safety of our soldiers as well and need bullet proof jackets
We are still using Britishers tracks, courtesy 60 yrs of Congress rule. Thanks for getting rid of UPA now there is hope for a bullet train.
We do not need Bullet Trains.. We have to upgrade our existing infrastructure to 200kmph and eradicating most level crosses with over bridges.... This could most cost effective and also more practical as it can implemented in shorter span with longer coverage..
What is the hurry. Gang rayping cant be rushed.
Mr. Modi we don't need bullet trains ,we need bullet proof jackets for our soldiers.
What will be the cost escalation in 2018 ?
whom will it benefit the most?
yes but track will be used later by normal train once bullet train flops.
will be flop
no one will travel in it
air service will be cheeper than it
vey good this project must be completed as early as possible