The Japan Overseas Cooperation Agency (JICA) has produced soft loan commitment of Rs 1.10 lakh crore to perform the task. File picture
Even while Maharashtra Chief Minister Uddhav Thackeray has questioned the high expenses and feasibility regarding the bullet train task, this has now emerged that the Union federal federal government has allotted Rs 5,600 crore when it comes to project that is ambitious financial 2020-21.
Prime Minister Narendra Modi really wants to finish the task linking the country’s financial money Mumbai with Gujarat’s city that is biggest Ahmedabad by 2022, to mark the 75th year of Independence.
Sources into the nationwide High-Speed Rail Corporation said a provision of Rs 5,600 crore is designed for the 500-km train task, modelled regarding the lines of Japan’s famous bullet train.
Independent of the Centre’s share, there’s also 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 extra budgetary resources (EBR), the Railway’s ‘Pink Book’ that is western said. Continue reading Japanese brides