Over 1,000 farmers have written a letter to the Japan International Cooperation Agency (JICA) to stop funding for the construction of the bullet train project as the acquirement of land by overlooking the prescribed guidelines. In response to the letter, JICA has asked the government to first regularise and address the issues of the farmers whose lands are being acquired. Though the government has formed a special committee to look into this matter, the holding back of funds is most likely to delay the 2022 target for the completion of the project.
FlashNews:
RECPDCL Hands Over ₹ 8.40 Billion Luhri Transmission SPV to Terralight Solar
RVNL Secures ₹1.61 Billion Signalling Contract from East Coast Railway
Get Solar in 60 Seconds: India’s Digital Push to Power Rooftop Revolution
DFCCIL Rapid Cargo Debuts on WDFC with Amazon Onboard
Automation, Sustainability and Compliance: The New Blueprint for India’s Logistics Parks
India’s GCC Work Portfolio Moves Up Value Chain, Awfis‑Zinnov Report
TVS ILP Signs ₹10 Billion MoU with Tamil Nadu to Boost Industrial Infrastructure
India Tops APAC in AI Adoption, Autodesk Report Finds
SDHI Secures Svitzer Contract to Build Four Advanced TRAnsverse 3200 Tugs
FLY91 Strengthens Leadership Team with Seasoned Aviation Executives to Drive Regional Growth
Sonowal Calls for Technology‑Led Maritime Security as India’s Port Network Grows
Civil Aviation Minister Naidu Expands Pilot Training Network with 11 New FTOs
INS Malvan Commissioned with AM/NS India Steel Backbone
Air India Names Tewolde Gebremariam CEO & MD to Drive Global Expansion
PM Surya Ghar: Muft Bijli Yojana Crosses 5 Million Rooftop Solar Installations
Delhi Airport Expands Domestic Network to 90 Destinations with Launch of Direct Flights to Daman
Jupiter Wagons, Lucchini RS to Build India’s First Fully Integrated Private‑Sector Railwheel Manufacturing Platform
Willie Walsh Takes Charge as IndiGo CEO
Indian Railways Posts 9% Freight Growth in July 2026
Home » JICA halts the funding of the bullet train
JICA halts the funding of the bullet train
Infrastructure Finance
October 15, 2018June 9, 2021


Leave a Reply
You must be logged in to post a comment.