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Mumbai-Ahmedabad Bullet Train: Is an 83% Cost Increase Causing Delays?
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Bullet Train Cost Soars 83% to Rs 1.98 Lakh Cr: Will Delays Mount?
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News18
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06-03-2026, 16:15
Bullet Train Cost Soars 83% to Rs 1.98 Lakh Cr: Will Delays Mount?
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Mumbai-Ahmedabad Bullet Train project cost jumps 83% to Rs 1.98 lakh crore, up from Rs 1.1 lakh crore.
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Revised estimate adds Rs 90,000 crore, attributed to delays and project-related challenges.
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Railway Ministry may seek additional funds from Finance Ministry instead of more JICA loans.
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Japan's JICA originally funded 81% of initial cost with a highly concessional loan.
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Public debates long-term benefits vs. cost escalation, citing 'Delay Tax' and political hurdles.
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