The Japan Global Cooperation Agency (JICA) has produced soft loan dedication of Rs 1.10 lakh crore to perform the task. File picture
Even while Maharashtra Chief Minister Uddhav Thackeray has questioned the high costs and feasibility for the bullet train task, it has now emerged that the Union federal government has allotted Rs 5,600 crore for the committed task for fiscal 2020-21.
Prime Minister Narendra Modi would like to complete the project connecting the country’s monetary money Mumbai with Gujarat’s biggest city Ahmedabad by 2022, to mark the 75th 12 months of Independence.
Sources within the nationwide High-Speed Rail Corporation stated a provision of Rs 5,600 crore happens to be designed for the 500-km train task, modelled regarding the lines of Japan’s famous bullet train.
Aside from the Centre’s share, addititionally there is a go on to get Rs 5,000 crore from Maharashtra and Gujarat, which possess a 4th of equity within the task, by means of additional budgetary resources (EBR), the Railway’s ‘Pink Book’ that is western said. Continue reading “Japanese brides”