Friday, December 2, 2022

How much did it cost India to build the Bullet Train? The statistics will Surprise

Bullet Train in India: India will soon have a bullet train. The Mumbai-Ahmedabad bullet train project has received multiple approvals in this regard. Devendra Fadnavis, Deputy Chief Minister of Maharashtra, stated that the state government has given the Mumbai-Ahmedabad bullet train project all necessary approvals. He stated that this action was taken to expedite the project. In addition, he has targeted the former Maha Vikas Aghadi (MVA) government of Maharashtra, claiming that it did not take any steps to expedite the project.

So expensive

Mumbai-Newsstore24Following the cabinet meeting, Fadnavis stated that Chief Minister Eknath Shinde had given the project all necessary approvals. He stated that the outstanding issues included forest clearance and land acquisition, among other things. The Mumbai-Ahmedabad bullet train project is expected to cost Rs 1.10 lakh crore, with Japan International Cooperation Agency contributing Rs 88,000 crore (JICA).

Taking aim at the MVA
According to Fadnavis, 70% of the land required for the project in Maharashtra has been acquired in the districts of Thane and Palghar. The previous Maha Vikas Aghadi (MVA) government, led by Shiv Sena chief Uddhav Thackeray, did nothing to move the project forward. Thackeray had requested that the Railway Ministry construct a high-speed train corridor connecting the cities of Pune and Nagpur.

Here are the highlights:

Bullet Train-Newsstore24

In September 2017, Prime Minister Narendra Modi and then-Japan Prime Minister Shinzo Abe laid the groundwork for the bullet train project in Ahmedabad. The train can travel more than 500 kilometers in two hours. In comparison to other trains in the country, the bullet train will have the fastest speed.

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