Piyush Goyal hopeful of getting enough land for bullet train project


Piyush Goyal hopeful of getting enough land for bullet train project

Even as protests continue against the bullet train project in pockets of Maharashtra and Gujarat, railway minister Piyush Goyal today exuded confidence that he does not see “any stress” in getting the land needed for the ambitious project, primarily on the increased compensation that government is offering now.

A senior government functionary also said Japan, which is almost fully funding the project with a soft loan, is increasing its funding to USD 5 billion per year from the earlier USD 3 billion.

“Environmental and social impact studies either have been completed or are near completion. I personally don’t see any stress in getting the land (for the project),” Goyal told reporters here on the sidelines of the AIIB summit. Read More

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