Railways unlikely to seek extra loan from JICA to meet higher cost of Bullet train project
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. What's Your Reaction?
