India`s bullet train project will take time to unveil
New Delhi: India will have to wait for bullet trains due to the huge cost involved in the ambitious project, even as Railways are going ahead with its plan to run passenger trains on the busy Delhi-Mumbai route at 200 km/hr.
Currently, Rajdhani trains are expected to run at a maximum speed of 100 km/hr to 120 km/hr. Other express trains are running at an approximate speed of 80 km/hr because of the dense rail traffic.
Chairman Railway Board Vinay Mittal said even though there are several financial hurdles to overcome for materialising the high-speed train corridor project, they are working towards achieving the objective of running train at 200 km/hr on Delhi-Mumbai route.
Besides Railways are also planning to launch train sets services, a first in Indian Railways, on shorter routes.
Maintaining that global crisis is coming in the way from achieving higher growth, Railways said its earnings have, however, gone up by 20 per cent this fiscal.
"Japan is involved in the study of the high speed train on Delhi-Mumbai route and things are progressing well," Mittal said here but did not give any time-frame for its implementation.
Asked about the proposed train set project which will reduce travel time, he said though it was being studied, it will be launched in a limited scale in some Shatabdi routes.
However, on the proposed project on bullet train which will travel between 300 km/hr to 350 km/hr, he said "it is a long way to go as it involves heavy funding."
Even though Railways` finances remain a big challenge, Mittal said the bridge gap funding of Rs 3,000 crore has been paid back with interest to the Finance Ministry.
He said the foggy conditions in north India have affected Railways` revenue earnings and the poor market condition led to several of its rakes lie idle.
Expressing optimism over the increased fund allocation, he said plan allocation in the 12th Five-Year Plan to Railways has been increased to Rs 1.94 lakh crore from Rs 77,000 crore in the 11th Five-Year Plan.
"Steps are being taken to curb expenditure as there is a need for fund renewal of assets and safety upgradation," he said.
More from India
More from World
More from Sports
More from Entertaiment
- I eat beef, can somebody stop me?: Kiren Rijiju hits back at Naqvi
- Delhi: Visually impaired boy scores 91.4% in CBSE 12th Board exams
- MP: 14-year-old boy works as bonded labour since 2009
- UP: Man chops off wife's nose, hair for dowry
- Zee Media Exclusive: The plight of yoga expert Tejaswi Sharma
- Heat ave continues in India, death toll climbs to over 1,400
- Megastar Amitabh Bachchan slapped with Rs 1 crore notice
- Woman denied flat in Mumbai for being a Muslim
- 4 Indians in Forbes' 100 most powerful women list
- Kenyan lawyer offers to marry Barack Obama's daughter Malia
- Gujjar stir: HC asks Rajasthan govt to clear rail track, roads
- Maggi likely to face ban in India!
- Gujjar stir: HC asks Rajasthan govt to clear rail track, roads- Part II
- AIB: The 'Third Gender's right to dignity'
- Salman Khan accident files burnt in Mantralaya fire
- CBSE Class 10 Board Result 2015 to be announced today
- Check mahresult.nic.in for MSBSHSE Maharashtra Class 12 HSC Result 2015
- CBSE Class 10 Board Result 2015 (cbse.nic.in, cbseresults.nic.in) postponed?
- Maharashtra MSBSHSE HSC Result 2015 on mahresult.nic.in
- Check cbse.nic.in, cbseresults.nic.in for CBSE Class 10 Result 2015
- I was misquoted, says Kiren Rijiju on 'beef' remark
- First look: Salman Khan steals thunder in `Bajrangi Bhaijaan`
- CBSE Class 10 (Class X Board) Result 2015 on cbse.nic.in, cbseresults.nic.in at 2 pm
- mahresult.nic.in updated with MSBSHSE Maharashtra HSC Class XII Result 2015
- Manmohan Singh defends himself on 2G charge, slams Modi govt for 'carbon copy' schemes
- Sonia Gandhi 'unconstitutional authority' during UPA: PM Narendra Modi
- Hours after attacking NDA govt, Manmohan Singh meets PM Narendra Modi
- Reservation stir: Five percent job quota to Gujjars unlikely, hints Rajasthan govt
- PMO website revamped, now send e-mail to PM Modi directly
- Death toll climbs to over 1400 as intense heatwave continues in India