New Delhi: Prime Minister Narendra Modi’s dream bullet train project has been in the limelight for the last 10 years. Now superfast bullet trains are running in many countries including China and Japan. On the other hand, the people of India have been waiting for the country’s first bullet train for a long time. Meanwhile, Union Railway Minister Ashwini Vaishnav has given a big information about the bullet train project. The Union Minister said, “This superfast train to be run between Mumbai and Ahmedabad will play an important role in unifying the economy of the two states.”
Union Minister of Railways Ashwini Vaishnaw attended a program and said that India’s bullet train project is progressing very well. The first corridor from Mumbai to Ahmedabad will connect several economically important cities. This corridor will bring together many economies. “This is not just a railway project,” he said. We have to look at it from the point of view of economy as well.
Ashwini Vaishnaw said that Indian Railways is going to connect Mumbai, Thane, Bapi, Baroda, Surat, Anand and Ahmedabad in this first bullet train corridor. The economy of all these cities will become one. After the arrival of the bullet train, you can have breakfast in Surat, go to Mumbai and finish your work and return home at night.
Regarding the fare of bullet train, Ashwini Vaishnaw said, “In most of the countries where bullet trains are running, they have gained 90 percent share in transportation.” Since the commencement of work in November, 2021, the Mumbai-Ahmedabad corridor has been progressing steadily. Bridges have already been constructed over 8 rivers for the Mumbai-Ahmedabad corridor. The estimated cost of the bullet train project is Rs 1.08 lakh crore. For this, the central government will have to pay Rs 10,000 crore and Gujarat and Maharashtra will have to pay Rs 5,000 crore. The rest of the money for the project has been borrowed from Japan at an interest rate of 0.1 percent.
