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

On a personal note: DIVINE

An underground rapper who grew up on Mumbai streets, Divine spins his music around his environment and poverty. His breakout single, ‘Meri Gully Mein’, along with fellow rapper Naezy caught Bollywood’s attention. The Hindi film ‘Gully Boy’ is inspired by their lives and gr

The role model for an IAS officer

Anil Swarup, an IAS officer of Uttar Pradesh cadre who retired in 2018, is a model bureaucrat who retained his optimism right till the end of service and exemplified dedication and commitment. His excitement at the opportunities that a job in the IAS provided is evident on every page of his new book publis

Reform of the civil services: At home and away

The question of reform of the civil services has been debated extensively at all levels at least over the last five to six decades after independence. Indeed, it was soon perceived that the Indian Administrative Service (IAS) may not be well equipped to deal with the problems of an emerging developing coun

The greatest challenge for any government

Shouting vengeance at all and sundry while wriggling out of holes of our own making seems to be our very special national characteristic. Some recent instances are illustrative of this attribute. A number of business tycoons with thousands of crores of unresolved debts have fled abroad with the government

The mysterious case of CBI’s legality

The Central Bureau of Investigation (CBI) came into existence, based on a Resolution of the home ministry, dated April 1, 1963 – a sheer coincidence that it also happens to be April Fool’s day. Over the past few months, we have seen the CBI live up to its founding day with great zeal, being i

The Evolution of Modi

Gujarat was passing through a turbulent phase in the 1980s. The decade began middle class agitations against new reservation policies, and the caste friction turned communal under the watch of chief minister Madhavsinh Solanki, alienating majority of urban population on both counts. The ground was ripe for

Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter