![Bullet Train: The first bullet will run on the Mumbai-Ahmedabad route, the associated fee reached Rs 1.60 lakh crore Bullet Train: The first bullet will run on the Mumbai-Ahmedabad route, the associated fee reached Rs 1.60 lakh crore](https://thenewsnavigator.com/wp-content/uploads/https://feeds.abplive.com/onecms/images/uploaded-images/2022/02/26/2f3869a652ed0164cbdad91c93adc0c5_original.jpg?impolicy=abp_cdn&imwidth=1200&imheight=628)
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Bullet Train Project In India : The estimated price of the nation’s first bullet practice challenge has elevated. According to the survey performed within the 12 months 2015, about Rs 1.08 lakh crore was estimated to be spent in operating the primary bullet practice on the Mumbai-Ahmedabad route. This estimated price has elevated to Rs 1.60 lakh crore. However, Goods and Service Tax (GST) has not been included on this.
What was stated by the Railway Minister
Railway Minister Ashwini Vaishnav, whereas reviewing the challenge, stated in June that there’s a delay in land acquisition in Maharashtra, resulting from which the price of the challenge can go up. He had stated this in Surat, Gujarat.
development is dear
According to the report, greater than the estimated expenditure has been incurred in land acquisition. Let us inform you that the worth of development materials like cement, metal and iron and so forth. has additionally elevated considerably.
no price info
National High Speed Rail Corporation Limited (NHSRCL) says that the brand new price info for the challenge can’t be given but. It shall be introduced solely after the land acquisition work and all of the contracts are accomplished. Let us inform you that as a result of coming of Kovid-19 epidemic, the work of high-speed rail has been badly affected.
motive for delay
The preliminary deadline for finishing this 508 km lengthy challenge, which began in September 2017, was 2022. Only in Dadra and Nagar Haveli 100% land acquisition has been accomplished thus far. 98.9% of the land acquisition for the challenge has been accomplished in Gujarat and 73% in Maharashtra. The central authorities stated that land acquisition is happening in Maharashtra and that is the principle motive for the delay on this challenge.
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