Mumbai: No payment from JICA (Japan International Cooperation Agency) for India’s bullet train project between Mumbai and Ahmedabad is pending, NHSRCL (National High Speed Rail Corporation Limited) said on Tuesday, amidst reports that the agency had stopped its funding for the project following various issues raised by farmers.
NHSRCL is committed to care of the interests of the affected farmers, it said.
All necessary steps with regard to submission of various reports such as social impact assessment, environment impact assessment and indigenous people plan have already been taken by the Indian side and the reports already submitted to JICA, NHSRCL added.
NHSRCL said in a statement,”In fact, the Government of India and JICA have already signed a loan agreement of about 10 billion yen and no payment is pending from JICA as on date.”
About 110 km of the 508-km train corridor passes through Palghar in Maharashtra.
In Gujarat, around 850 hectares is required to be acquired for the project from around 5,000 families across 8 districts.
NHSRCL is implementing the project of high speed rail corridor between Mumbai and Ahmedabad.
To know more about recent developments of High Speed Rail-
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