India's first bullet train project faces significant cost escalation, with the revised estimate under sanction. The Standing Committee on Railways report highlights key factors like a shift to entirely viaduct-based construction, exchange rate fluctuations, and taxes as major drivers. This case study is crucial for understanding infrastructure project management challenges for UPSC GS-III.
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- ›Original Sanctioned Cost (2015): ₹97,636 crore
- ›Largest Cost Component: Taxes & Cess (₹29,330 Cr)
- ›Target this Data: Original sanctioned cost (2015) was ₹97,636 crore.
- ›Target this Nodal Body: National High Speed Rail Corporation Limited (NHSRCL) is the implementing agency.
- ›Target this Committee: The 'Empowered Committee' in 2016 decided on viaduct-only construction.
- ›Target this Report: 'Standing Committee on Railways, Demands for Grants 2026-27' is the source report.
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