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Blog Entry# 1627024
Posted: Oct 24 2015 (13:23)
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Japan offers to finance India’s first bullet train
Japan has offered to finance India’s first bullet train with an estimated cost of Rs. 90000 crores at an interest rate of less than 1%. The loan is likely to cover 80% of the project.
The loan is on the condition that India buys 30% of equipment including the coaches and locomotives from Japanese firms
As...
more...
Japan has offered to finance India’s first bullet train with an estimated cost of Rs. 90000 crores at an interest rate of less than 1%. The loan is likely to cover 80% of the project.
The loan is on the condition that India buys 30% of equipment including the coaches and locomotives from Japanese firms
As...
more...