2. What?
❖ High speed railways running with speed of approx
320km/hr.
❖ To be completed by 2022.
❖ Total cost of project USD 17 bn. ( 81% to be given by
Japan in low interest loans)
❖ Fare : 1.5 times of existing AC 1st class fare.
❖ Equipped with high standard technology, which is
already successful in Japan.
3. Why?
❖ Requirement of high speed transport alternative for air transport.
❖ Huge economic benefits, way beyond operational and construction
cost.
❖ Economically viable for travelling distance in range of 750 - 1000 kms.
❖ It’ll also help to reduce burden on existing railway transports.
❖ Will create a competition between civil aviation sector and high speed
railways.
❖ Can be used for urgent freight transport if required.
❖ Can be used for connecting important military centres for fast
movement of army troops in future.
4. Challenges
❖ Timely completion of the project.
❖ To be able to achieve it’s objectives without being a
victim of corruption.