Is the Indian Railways chugging towards a gargantuan bailout? Startling as it may sound, the question is within the realms of plausibility given the lumbering behemoth's financials.
Taking precedence from Japan which heralded the Â´bullet trainÂ´ legacy in 1964, the world began to partake of this Â´race against timeÂ´. High-speed rail (HSR), which uses an integrated system of specialised rolling stock and dedicated tracks, can significantly enhance the connectivity and trade between major cities in a country.
To prepare a detailed web-based geographic information system (GIS) mapping of around 4,500 km of highways in West Bengal by March 2014, the State Highway Development Corporation (WBHDC) has involved IIT-Kharagpur, National Informatics Centre (NIC) and Rites.
Rail India Technical and Economic Services (Rites) found that the capital costs involved in setting up Sagar port in West Bengal is estimated at Rs 7,820 crore. It also found that the capital cost for Dugarajapatnam port project in Andhra Pradesh would be Rs 7,988