High speed trains to boost economic opportunities: Union Minister Ashwini Vaishnaw

By: Pune Pulse

November 2, 2023

Pune: The goal of India’s emphasis on high-speed rail is to boost economic prospects for the populace and industry, according to Union Railways Minister Ashwini Vaishnaw. He also mentioned that the government was hoping to link major transportation hubs with high-frequency, high-speed rail services.

As per further information, Ashwini Vaishnaw stated that modernizing the transporter to introduce top-notch comfort and services was part of the government’s aim for the railways. A high-speed network should not be seen as a rail network or an infrastructure project in isolation. In essence, a high-speed rail network generates a sizable economy. Vaishnaw gave examples of how Tokyo, Osaka, and three other Japanese cities combine to form a significant economic hub, along with Nagoya, Kobe, and Kyoto.

Vaishnaw went on to say that these five economies combine to form a single, logical economic unit; they are not merely one plus one plus; rather, they operate as a multiplier. The government anticipated this kind of result when it designed the high-speed corridor connecting Ahmedabad and Mumbai.

The railways have started renovating stations all over India and restoring aging coaches as part of their efforts to improve passenger comfort. The fact that many of these renovations and new train cars are produced domestically in India also connects this to the country’s emphasis on local manufacturing.

Shreyas Vange