Ashwini Vaishnaw: Prime Minister Narendra Modi’s dream project Bullet Train has been in the news continuously for the last 10 years. Superfast bullet trains are running in many countries including China and Japan. The people of India have also been waiting for the country’s first bullet train for a long time. Now Railway Minister Ashwini Vaishnaw, while giving a big update on the Bullet Train Project, has said that this superfast train running between Mumbai and Ahmedabad (Mumbai Ahmedabad Corridor) will play a very important role in uniting the economy of the two states.  ;
Bullet train project is making great progress
Railway Minister Ashwini Vaishnav told in a program of NDTV that India’s Bullet Train Project is progressing very well. The first corridor from Mumbai to Ahmedabad will connect many economically important cities. This corridor will unite many economies. He said that this is not just a railway project. We have to look at it from the perspective of economy.
The economy of many cities will become one
Ashwini Vaishnav said that Indian Railways is going to connect Mumbai, Thane, Vapi, 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. Then you can go to Mumbai and finish your work and come back to your family at night.
Bridges have been built on 8 rivers, work continues
On the fare of Bullet Train, Ashwini Vaishnav said that in most of the countries where Bullet Trains are running, they have achieved up to 90 percent share in transport. The Mumbai-Ahmedabad corridor has been progressing steadily since work began in November, 2021. The first kilometer of the viaduct was completed in six months and the 50th by April 2023. Ashwini Vaishnav said that bridges have already been built on 8 rivers in the Mumbai Ahmedabad corridor.
Bullet train project is worth Rs 1.08 lakh crore
The estimated cost of the Bullet Train Project is Rs 1.08 lakh crore. Out of this, the Central Government has to give Rs 10 thousand crores and Gujarat and Maharashtra have to give Rs 5000 crores. The remaining cost of the project is to be met through loan from Japan at 0.1 percent interest rate.
Read this also
Upcoming IPO: 13 IPOs are coming, there will be a big stir in the market next week
Get more latest business news updates