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The project was sanctioned in December 2015 and will be 508 km long. Supported by Japan, the revised cost of the bullet train project is Rs 1.08 lakh crore
Between April and October 2024, 17 new Vande Bharat trains were introduced to the network. (File)
A total of 47% physical progress has been achieved on the Mumbai-Ahmedabad High-Speed Rail Project, India’s first bullet train, Economic Survey 2024-25 released on Friday said.
The project was sanctioned in December 2015 and will be 508 km long. Supported by Japan, the revised cost of the bullet train project is Rs 1.08 lakh crore.
“As of October 2024, it has achieved 47.17 per cent physical progress with an expenditure of Rs 67,486 crore,” the report reads.
On the other hand, the Dedicated Freight Corridors (DFCs), proposed to transform logistics in India by facilitating increased freight volumes without passenger train interference, has also achieved significant milestones.
“As of November 2024, 2,741 km (96.4 per cent) of the planned 2,843 km DFC network has been commissioned,” the report added.
VANDE BHARAT TRAINS ADDED TO FLEET
Between April and October 2024, 17 new Vande Bharat trains were introduced to the network, the report shows.
In the last financial year, between April and October, 24 new Vande Bharat trains were launched while during the April-March cycle, 41 Vande Bharat trains were introduced, the report added.
“Between April and October 2024, 17 new pairs of Vande Bharat trains were introduced to the network, and 228 coaches were produced,” the Economic Survey reads.
In the last financial year, 456 coaches of Vande Bharat were produced, the report shows.
PACE OF COMMISSION OF RAILWAY LINES
The report suggested that construction of new railway lines in India has dropped in 2024-25 compared to the previous financial year. “The addition to the length of highways, roads and railway lines has been modestly lower,” it said.
There has been a close to 11% drop in railways network commission. In FY 24, 2,282 km of railway network was commissioned during April to November as against 2,031 km in the current fiscal year, FY 25, for the same period.