Mumbai-Ahmedabad bullet train project set to miss land acquisition target: sources

Mumbai | Tuesday | 12th June, 2018

Summary:

To assuage Japan’s concerns, Indian officials have sought a meeting this month with Transport Ministry officials in Tokyo, one of the Indian officials said. A Japanese Transport Ministry official who deals with the bullet train project said that Indian officials had told them that “they can manage” the land acquisition. Opponents say the bullet train is wasteful and the money would be better used upgrading the country’s rickety rail infrastructure. The government also hopes to generate hundreds of jobs through the train project, and hence is pushing hard to finish it on time. ‘Not insurmountable’Japan is majority-funding the train project through a 50-year loan..