UPSC Exam Preparation: Topic of the Day – Mumbai to Ahmedabad High-Speed Rail (MAHSR) Project
Bullet Train Project in India
Owing to the growing economy and dependence on railways for transportation, India has planned to increase the speed of its trains. It has planned a multi-point strategy for running of high speed trains (with a speed >300 kmph), semi speed trains (with a speed >160 kmph to 200 kmph), introduction of fast & faster train sets and increasing the speed of existing trains.
Mumbai-Ahmedabad Bullet Train
The Mumbai-Ahmedabad high-speed corridor will have a high speed train, with financial assistance from the Japanese Government. The Shinkansen high speed technology will be used in this train. “National High-Speed Rail Corporation Limited”, a Special Purpose Vehicle (SPV) has been formed for the implementation of this project. Indian railways will hold 50% of the equity in the SPV. The project cost is estimated at 1.10 Lakh Crore. Financial assistance has been provided by the Japanese government in the form of a loan upto 81% of the project cost to be repaid in 50 years with a 15 year moratorium at a nominal interest rate of 0.1%. The foundation stone for India’s first high speed rail project was laid by our Prime Minister Narendra Modi and the Japanese Prime Minister Shinzo Abe at the Sabarmati Station Ground, located in Ahmedabad. The Mumbai to Ahmedabad High Speed Rail (MAHSR) project will cover a distance of 508 kms and is expected to be completed by 2022 (earlier scheduled to be completed by 2023).
The project fulfills the twin complimentary objectives of “Make In India” and employment generation. It is expected to give a stimulus to manufacture of advanced components and create about 15 lakh jobs in India.
Shinkansen means “new trunk lines” in literal terms, which refers to the high speed rail network in Japan. The train attains a high speed without having to compromise on comfort and safety, through the use of this technology. Unlike conventional rail lines, Shinkansen routes are strictly off-limits to any other kind of traffic. This network makes use of viaducts and tunnels to go through the obstacles, rather than going around them, thereby saving time spent on covering the distance. Due to the lighter vehicles used, chances of damage to the tracks is minimal. These trains offer fast acceleration & deceleration and are electric multiple units.
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