Bullet train project feasible, country will benefit: Fadnavis

Image
Press Trust of India Nagpur
Last Updated : Jul 19 2018 | 7:06 PM IST

Seeking to allay concerns surrounding the proposed Mumbai-Ahmedabad bullet train project, Maharashtra Chief Minister Devendra Fadnavis today told the Legislative Council that the project was completely viable as stated in its feasibility report.

He said the project would benefit the country as fast communication systems lead to development and attract investment, which is what happened in Japan and China when bullet trains were introduced there.

Some MLCs, including Sanjay Dutt, Neelam Gorhe, Anand Jagtap and Leader of Opposition in Council Dhananjay Munde raised issues concerning the bullet train project.

Dutt questioned the government over the feasibility of the project, land acquisition process, investment, loan burden and other issues linked to the project.

In response, Fadnavis said, "The feasibility study of the bullet train project has been completed and the report says it is feasible."
On the issues concerning farmers affected by the project, Fadnavis said, "We are seeking a consent of the farmers. For the elevated routes we have devised a formula, wherein if any farmer's land comes under the bridge, they will not only be given compensation for that land, but will also be allowed to continue farming there."
On the issue of land acquisition raised by MLC Neelam Gorhe, the chief minister said, "We are discussing the issue with the gram sabhas and public hearings are underway."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 19 2018 | 7:06 PM IST

Next Story