 "Is there deliberate misinformation on bullet trains, asks Suresh Prabhu")
Railway Minister Suresh Prabhu today wondered in Lok Sabha whether there was a "deliberate misinformation" campaign against the introduction of bullet trains, saying these were not in conflict with the 'normal' trains.
Responding to a series of questions during Question Hour on slow speed of trains, he wondered whether there was a "deliberate misinformation" being spread that bullet trains and 'normal trains' were at conflict.
He clarified that funds for the proposed bullet train will come from Japan.
He suggested that the technology to be used for bullet trains will come in handy for improving the services of normal trains and that the integration of signalling, tracks and availability of rolling stock would help enhance train speed.
The minister said once the dedicated freight corridor comes up, the load of goods trains will go down from the Kolkata-Delhi trunk route, the busiest in the world.
Prabhu said the work done on dedicated freight corridor in a year was more than what had been done in the last six years, adding that the Prime Minister was also monitoring its progress.
Yesterday too while replying to a debate on the rail budget, Prabhu had brushed aside criticism of the proposal to introduce expensive bullet trains, saying the government has managed to secure a soft loan of Rs 1 lakh crore from Japan at an interest as low as 0.1% for a period of 50 years.
Responding to a series of questions during Question Hour on slow speed of trains, he wondered whether there was a "deliberate misinformation" being spread that bullet trains and 'normal trains' were at conflict.
Read more from our special coverage on "SURESH PRABHU"
He clarified that funds for the proposed bullet train will come from Japan.
He suggested that the technology to be used for bullet trains will come in handy for improving the services of normal trains and that the integration of signalling, tracks and availability of rolling stock would help enhance train speed.
The minister said once the dedicated freight corridor comes up, the load of goods trains will go down from the Kolkata-Delhi trunk route, the busiest in the world.
Prabhu said the work done on dedicated freight corridor in a year was more than what had been done in the last six years, adding that the Prime Minister was also monitoring its progress.
Yesterday too while replying to a debate on the rail budget, Prabhu had brushed aside criticism of the proposal to introduce expensive bullet trains, saying the government has managed to secure a soft loan of Rs 1 lakh crore from Japan at an interest as low as 0.1% for a period of 50 years.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*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
SAVE 25%