India-Japan Sign Rail Project
The Japanese government funding agency JICA has signed agreements to talling Rs 15,295 crore with the Indian government for three mega rail infrastructure projects.
Key Features
- Under these agreements, JICA has granted Rs. 8,553 crore for phase-1 of the Dedicated Freight Corridor; Rs 4,262 crore for Mumbai Trans Harbour Link Project (II) and Rs 2,480 crore for the Mumbai Metro Line 3 Project (III).
- Dedicated Freight Corridor (DFC) project (Phase 1) comes with the objective to cope up with the increase in freight transport demand in India by constructing new dedicated freight railway system between Delhi and Mumbai.
- It will promote comprehensive ....
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