India's High-Speed Rail Project Cost Doubles to Rs 2 Lakh Crore

Revised estimates reveal the bullet train initiative now requires twice the original funding, with most additional costs expected to come from domestic budgets.

25 Aug, 21:21 — 25 Aug, 21:21

Post Share

Sources

Showing 1 of 1 sources

Times of IndiaMostly Factual3d ago

Revised bullet train cost Rs 2 lakh crore, 2x of original estimate

Sources said most of the additional funding would come from budgetary support. So far, the funding of Rs 1.1 lakh crore has been from Japan International Cooperation Agency (JICA) and budgetary allocation. They added that Railways has said high-speed trains will be manufactured in India and each of these would cost around Rs 390 crore to Rs 400 crore.

By DIPAK K DASH

Read full article →

PERSPECTA

PERSPECTA

India's High-Speed Rail Project Cost Doubles to Rs 2 Lakh Crore

Sources

Revised bullet train cost Rs 2 lakh crore, 2x of original estimate

Related Stories

US and Venezuela Agree to Share Control of Massive Oil Reserves

Berlin blackmailed by hackers demanding 2 million euros after cyberattack

Right-Wing Commentator Milo Yiannopoulos Detained by U.S. Immigration Authorities

Trump Administration Considers Selling Part of Yosemite Park

PERSPECTA