Saturday, 29 September 2018

Japan releases Rs 5,500 crore for bullet train




New Delhi: A step further has been extended by the Government of India and Japan about the bullet train in the country. On Friday, the Japanese International Cooperation Agency (JICA) and the Indian government agreed to issue the first installment of the loan for the Mumbai-Ahmedabad bullet train project. Under the agreement, the route for the first installment of Rs 5,500 crore loan for the Mumbai-Ahmedabad bullet train project was cleared by the JICA on behalf of the Government of India. Tender release for the bullet train project will start from December.

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