| Bullet trains need to be affordable to all: Bansal by nikhilndls on 01 February, 2013 - 08:00 PM | ||
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nikhilndls | Bullet trains need to be affordable to all: Bansal on 01 February, 2013 - 08:00 PM | |
Reluctant to draw a timeline for the launch of bullet trains in the country, Railway Minister Pawan Kumar Bansal on Friday said they need to be made affordable for common man and not just for the premier travellers."It will be difficult to say when we will have bullet trains. But we have started some preliminary work on it. Our aim is to make tangible progress but not possible to give a timeline for it," he said on the proposed high-speed rail corridor project.He said, "This is an aspirational project which involves high cost. High speed trains at 350 kmph speed is our aspirational project and we have selected Mumbai-Ahmedabad route as a pilot project," Bansal said at a seminar."But the cost involved in the 534-km long Mumbai-Ahemedabad project is gigantic high. It is estimated to cost about Rs 63,000 crore (Rs 630 billion)," he said.He said high-speed trains should not remain confined to a particular class but should be "affordable for all"."This must be made affordable for common man and it should not be only for premier class," Bansal said.Railways have identified seven routes for conducting pre-feasibility study for high-speed corridors including Delhi-Agra-Patna, Howrah-Haldia, Chennai-Bangalore-Thiruvanathapuram and Pune-Mumbai-Ahmedabad."Since it has to be executed with the participation of private players, finalisation of revenue models for the proposed high speed corridors are very important. Whatever finance model will be, it should be win-win situation for all of us," he said. | ||