NITI Aayog Approved Investments Of Worth Rs 18,000 Crore For High-Speed Rail Projects – Delhi-Mumbai & Delhi-Kolkata

NITI Aayog Approved Investments Of Worth Rs 18,000 Crore For High-Speed Rail Projects – Delhi-Mumbai & Delhi-Kolkata

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Date of Post : 22 July, 2017

New Delhi: NITI Aayog, the premiere think-tank of the Government of India, has approved investments of worth Rs 18,000 crore (approx US$ 2812.5 Million) for high-speed rail projects for major routes of Delhi-Mumbai & Delhi-Kolkata, Union Minister for Railways Suresh Prabhu said.

“We are working on Gatiman Express which is India’s fastest train at 180 kmph and trying for Mumbai-Delhi and Delhi-Kolkata which are major routes with a speed of maximum 200 kmph and that will be an investment of Rs 18,000 crore (approx US$ 2812.5 Million) which has already been approved by the NITI Aayog,” said Prabhu inaugurating an ASSOCHAM International Conference – RAILTECH 2017.

More Information:

  • Railway Ministry is working with many other countries to increase the speed of operations, including France.
  • The government is working towards introducing cutting-edge technology of future in all aspects of railways with it not only being imported but being co-developed in India.
  • He said,”We already had about 6-8 months ago, a programme in which we called all the major technology developers who had not yet fully developed, commercialized the technology which can take the speed of railways to more than 600 kmph and we are already working with them, companies like hyperloop.”
  • He said, Self-propelled detection of tracks together with the use of ultrasonic machines & geo-spatial technology to alert about unmanned railway crossings are underway.

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