Foundation stone laid for India’s first bullet train project

Japanese prime minister Shinzo Abe says his country is committed to Make in India

GN Bureau | September 14, 2017


#Bullet train   #Japan   #Shinzo Abe   #Narendra Modi   #Gujarat   #Ahmedabad   #Mumbai  


 Foundation stone of the 508 km long Ahmedabad-Mumbai high speed rail project was jointly laid by prime minister Narendra Modi and his Japanese counterpart Shinzo Abe on Thursday at Sabarmati in Gujarat.

Abe said the Japan government and Japanese companies made efforts to realise India’s dream of having a high speed train. He said Japan is committed for Make in India initiative and ready to extend all possible help to India. 
 
“Japan needs a stronger India and India needs a stronger Japan,” Abe said. 
 
Modi said India’s first bullet train project would bring a social change and is an example of strong friendship of both the countries. 
 
The project would be executed at the cost of Rs 110,000 crore. Japan is giving a loan of Rs 88,000 crore at an interest rate of 0.1 percent which is to be repaid to Japan in 50 years. The interest would be paid after 15 years of receiving the loan from Japan.
 

Comments

 

Other News

What makes Sundargarh the cradle of hockey in India

Neha Lakra, 20, doesn’t forget to practise hockey, at least for four hours, every day. Whether at home or at the Panposh sports hostel in Rourkela where she is training under the guidance of coaches, her routine doesn’t change. “I can’t sleep unless I have worked on the ground,&rdqu

Where the true sadhana of Vedanta is to be found

Somewhere Among the Stars: Reflections of a Mystic By Adi Varuni Kali/BluOne Ink, 282 pages, Rs 395 Decades ago, when an unknown N

India celebrates National Voters’ Day

The 13th National Voters’ Day was celebrated across the country Wednesday with president Droupadi Murmu gracing the national event held here. Kiren Rijiju, union minister for law & justice, was the guest of honour. The chief election commissioner, Rajiv Kumar, election commissioners Anup Chandra

INS Vagir to give fillip to Navy: Admiral Hari Kumar

The Indian Navy commissioned its fifth stealth Scorpene class Submarine INS Vagir on Monday at the Naval Dockyard, Mumbai in the presence of Admiral R Hari Kumar, Chief of the Naval Staff. Vagir was launched on November 12, 2020, under Project 75 (P75) and post completion of sea trials it w

Uddhav joins hands with Prakash Ambedkar ahead of BMC polls

Ahead of the Mumbai civic polls, former Maharashtra chief minister Uddhav Thackeray on Monday announced an alliance with Prakash Ambedkar`s Vanchit Bahujan Aghadi (VBA). Addressing a joint press conference, Thackeray said their grandfathers, Keshav Thackeray and Dr. B.R. Ambedkar, were conte

How women leaders enable collective action at local level

Ela R. Bhatt, the founder of SEWA, once said, “There is ample proof to demonstrate that women can and do build strong and vital organizations around issues that relate to them, and find viable solutions out of their own experiences.” Women Leadership Schools (WLSs) promoted by Se

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now



Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter