High tariff needed to make bullet trains viable: Economic survey

Railways has selected seven corridors for carrying out pre-feasibility studies for bullet trains.

By: Press Trust of India | New Delhi | Published:July 9, 2014 7:11 pm

High tariff and large passenger volumes are required to justify investment in high-speed train projects as these are highly capital intensive in nature, the Economic Survey (ES) has said.

Railways has in consultation with state governments selected seven corridors for carrying out pre-feasibility studies for the introduction of high-speed, or bullet trains.

A business development study for the Mumbai-Ahmedabad high -speed corridor has been undertaken by French Railways and is likely to be completed in June, 2014.

A joint feasibility study for the corridor was also undertaken jointly by Indian Railways and Japan International Cooperation Agency (JICA) in December, 2013, and is likely to be completed in about 18 months, said the survey which was tabled in Lok Sabha.

Railways have set up the High Speed Rail Corporation (HSRC) as a subsidiary of Rail Vikas Nigam Ltd to develop high -speed rail corridors in the country which would allow passenger trains to run at speeds of up to 350-kmph.

It will undertake activities like preparing the project- related studies and drawing up technical standards for the Mumbai-Ahmedabad corridor or any other corridor as decided by the government. It will also provide support to the government for finalising the financial and implementation models.

ES also highlighted the ongoing Dedicated Freight Corridor — a mega rail transport corridor project of the rail  ministry to increase carrying capacity, reduce unit costs of transportation and improve service quality.

Of the 1,839-km-long Eastern DFC, which extends from Dankuni to Ludhiana, World Bank is funding 1,183-km (from Ludhiana to Mughalsarai) in three phases.

For the 1,499-km Western DFC, from Jawaharlal Nehru Port in Mumbai to Dadri near Delhi, complete funding from JICA has been tied up and construction work is in progress.

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  1. G
    Girish
    Jul 9, 2014 at 2:14 pm
    modi sarkar will be hard pressed to explain the enormous expenditures on this white elephant. they're highly overestimating the kind of business travel that's required to ensure optimum usage of all the separate infrastructure for bullet trains.at some juncture, to salvage the situation, they might even come up with moronic ideas like freight carriage in bullet train corridors to recover costs.the sooner this chest-thumping ego-maging concept is given a quiet burial, the better will the indian economy be served.
    Reply
  2. J
    Jyoti Prakash
    Jul 11, 2014 at 5:24 am
    The bullet takers will have many takers among people who are time sensitive.. A bullet train may take similar time as an aeroplane and costs almost half the price..
    Reply
  3. H
    Homma Ramachander
    Jul 9, 2014 at 3:10 pm
    It's good that these fast trains are introduced. It is not meant for the poor people for whom penger trains are available. India fast developing and catching up with the most developed nations. Therefore these developments are necessary per se.
    Reply