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Indian Railways Falls Short Of Funds For Bullet Train Project, And Twitterati Mercilessly Trolls The Government

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5:18 pm 23 Jul, 2018

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India’s first bullet train project was inaugurated by Prime Minister Narendra Modi in Ahmedabad in 2017. The project aims to reduce the travel time between Ahmedabad and Mumbai from the present 7-8 hours to less than 3 hours. Ever since the idea has been conceived, it is being touted as one of the most ambitious infrastructure project of India by the ruling Modi government.

Time and again, Indians have tried to question the feasibility and the need for such as expensive project. And repeatedly, the government has also made its attempts to justify its stance.

 

 

Railway Minister Piyush Goyal even took to Quora to publish his answers to questions on the need of bullet train in India. However, now the whole idea of the bullet train appears to be in trouble.

 

Bullet train 1

Railways Minister Piyush Goyal PTI

 

This is because of the whopping cost of the super-ambitious project. As per the latest developments concerning the bullet train project of the Modi government, the railway ministry has fallen short of funds for the project. The finance ministry has asked the railway ministry to borrow funds for the same from the market and not expect any funds from the budget at additional Gross Budgetary Support.

 

 

According to the reports, the Railways sought a support of around Rs 18,000 crore, however, after the meetings between the chieftains of the two ministries, Finance Ministry has told the Railways to arrange funds from the market.

 

 

This borrowing could mean an escalation in the cost of the project which was until now, being projected to be “as good as free”, all thanks to the cheap loan from Japan. This has led to Twitter erupting with trolling comments for the government for various reasons. You can take a look at these tweets below:

 

 

 

 

 


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What’s your opinion about one of the most ambitious projects of the Modi government landing in trouble?

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