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

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Times of IndiaMostly Factual2d 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

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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

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