Japan to provide over 7000 Crores for high-speed rail project to India

NEW DELHI: India on Friday signed two loan agreements with Japan for construction of a Metro project in Kolkata and a high-speed rail project between Mumbai and Ahmedabad, said an official. As per the agreements, the Japan International Cooperation Agency would provide a loan worth Rs. 5,591 crore for construction of Mumbai-Ahmedabad high-speed rail project and another worth Rs. 1,619 crore for Kolkata East-West Metro project. "This further consolidates and strengthens the strategic and global partnership between India and Japan," an official statement said. Source: NDTV