Showing posts with label india bullet. Show all posts
Showing posts with label india bullet. Show all posts

India’s bullet train is running way behind time

India’s bullet train is running way behind time. A year after the Mumbai-Ahmedabad link was announced, Bloomberg reports, the National High Speed Rail Corporation has acquired just 0.9 hectares of the 1,400 acres needed for the facility. That’s because the ₹1.08 lakh crore project is facing stiff resistance from farmers, who are unhappy with the proffered compensation in lieu of their lands. Last month, the Gujarat government doubled the compensation for farmers with agricultural land in urban areas to four times the market rate, besides an additional 25% bonus.