Bullet Train Cost Row: NHSRCL Rejects Congress's 'White Elephant' Claims

• NHSRCL refutes Congress's claims of Mumbai-Ahmedabad Bullet train project cost escalation, calling them "factually wrong."
• Congress alleged cost jumped from Rs 1.1 lakh crore to Rs 1.98 lakh crore, potentially Rs 2.5 lakh crore, labeling it a "white elephant."
• NHSRCL states cost "refining" after contract finalization is normal; initial estimates were nearly a decade old.
• Project funded by concessional Japanese loans, not a burden on Indian Railways, and has its own financing structure.
• NHSRCL highlights value generation, technology transfer, and assures affordable ticket pricing; project operational by 2029.