Indian Railways will absorb an additional Rs 90,000 crore for the Ahmedabad-Mumbai Bullet Train, bringing the total cost to Rs 1.98 lakh crore. No further loans from JICA are planned. The ministry seeks Cabinet approval for revised funding, exploring options like finance ministry support and multilateral financing for future corridors. Indian Railways will absorb an additional Rs 90,000 crore for the Ahmedabad-Mumbai Bullet Train, bringing the total cost to Rs 1.98 lakh crore. No further loans from JICA are planned. The ministry seeks Cabinet approval for revised funding, exploring options like finance ministry support and multilateral financing for future corridors.
Trending
- World Cup exit sparks row in Pak cricket: Amir blasts PCB over fine on players
- Iran conflict: Fruit, vegetable exporters stare at uncertain times
- ‘Khamenei supported J&K rebels’: BJP hits out at Sonia Gandhi
- Data centres new target in Iran conflict; 3 Amazon units hit by drones in UAE, Bahrain
- Parliament must debate ‘dissonance’ in foreign policy: Congress MP Sonia Gandhi
- Was the US attack on Iran predicted just days before? Ex-CIA officer John Kiriakou’s shocking warning
- PM Modi calls for export push, puts biopharma at centre stage
- Middle East tensions: Have critical stakes in Gulf, will act in national interest, says government
Railways unlikely to seek extra loan from JICA to meet higher cost of Bullet train project
By
Add A Comment