View: Why India has a long way to go to win the trust of investors

By Shshank Saurav Policy certainty is an essential element for improving the economic environment and boosting investors’ confidence. A change in office shouldn’t necessarily mean change in policies, and previous decisions should not be overruled unless there are compelling reasons. The new Uddhav Thackeray government in Maharashtra has decided to review the Centre’s Mumbai-Ahmedabad bullet … Read more View: Why India has a long way to go to win the trust of investors

Reviewing If Bullet Train Project Can Be Deferred: Maharashtra Minister

“The state’s debt is Rs 4.71 lakh crore. The debt for ongoing projects is Rs 2 lakh crore. Mumbai: Maharashtra minister Jayant Patil on Tuesday said the state government was trying to ascertain if projects like bullet train could be deferred in view the “Rs 4.71 lakh crore debt” on the state. Mr Patil’s comments … Read more Reviewing If Bullet Train Project Can Be Deferred: Maharashtra Minister

BJP loss in Maharashtra election raises questions about bullet train

MUMBAI: India’s richest state is set to be ruled by parties opposed to Prime Minister Narendra Modi’s Bharatiya Janata Party, jeopardising a Japanese-backed bullet-train project opposed by farmers. The BJP’s inability to pull together voters in the westerly state of Maharashtra, of which Mumbai is capital, has meant that three parties, including a former BJP … Read more BJP loss in Maharashtra election raises questions about bullet train

Brakes On Bullet Train Project If Sena, NCP, Congress Take Power: Sources

PM Modi and Shinzo Abe had laid the foundation stone for the bullet train project in September 2017. Mumbai:  Prime Minister Narendra Modi’s bullet train project between Ahmedabad in Gujarat and Mumbai may be scrapped if the Shiv Sena, the NCP and the Congress take power in Maharashtra. The Shiv Sena-NCP-Congress alliance that is looking … Read more Brakes On Bullet Train Project If Sena, NCP, Congress Take Power: Sources

Mumbai-Ahmedabad bullet train fare to be around Rs 3,000

AHMEDABAD: The fare for the Mumbai- Ahmedabad bullet train would be around Rs 3,000, an official of the National High Speed Rail Corporation Ltd (NHSRCL) said on Thursday. Of the total 1,380 hectares of land required for the Mumbai-Ahmedabad high speed rail corridor, commonly known as the bullet train project, so far 622 hectares of … Read more Mumbai-Ahmedabad bullet train fare to be around Rs 3,000

‘5% land needed for bullet train acquired in Gujarat and Maharashtra’

Land acquired for Mumbai-Ahmedabad bullet train construction. (Image used for representational purpose) Claiming that an estimated Rs 17,000 crore will be spent for Relief and Rehabilitation (R&R) for the ambitious Mumbai-Ahmedabad bullet train project, Achal Khare, Managing Director of National High-Speed Rail Corporation Ltd (NHSRCL) Thursday said 45 per cent of the total 1,380 hectares … Read more ‘5% land needed for bullet train acquired in Gujarat and Maharashtra’

Railways to build reservoirs in bullet train depots to harvest water for maintenance

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  All railway depots have rainwater harvesting pits to store water. (Representational Image) In a first, railways is set to build reservoirs in its bullet train depots to store rainwater which would be used in the maintenance of the high-speed trains, the NHSRCL, implementing agency for the project, said on Tuesday. The move comes at … Read more Railways to build reservoirs in bullet train depots to harvest water for maintenance

Major Chunk Of Land For Bullet Train To Be Acquired By Year End: Officials

Major Chunk Of Land For Bullet Train To Be Acquired By Year End: Officials

Officials said the Bullet Train project was progressing at a good pace. New Delhi:  The National High Speed Rail Corp Ltd (NHSRCL) is hopeful of acquiring a major chunk of land required for the 508-km-long Mumbai-Ahmedabad Bullet Train project by the end of this year. NHSRCL spokesperson Sushma Gaur told IANS that the land will … Read more Major Chunk Of Land For Bullet Train To Be Acquired By Year End: Officials

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