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           | Singapore, Jan 17: Flush from his exhilarating ride on a   Japanese high-speed train, Indian Railway Minister Lalu Prasad said Saturday   that he plans to introduce bullet trains to link major metropolitan cities in   India. "Such bullet trains can link city to city. Very soon we shall   be inviting global tenders for pre-feasibility studies and I plan to place the   proposal before parliament," Lalu Prasad said.
 The minister was   addressing a jam-packed auditorium at Singapore's prestigious Lee Kuan Yew   School of Public Policy.
 
 Lalu Prasad, who travelled from Tokyo to Kyoto   on Japan's famed Shinkansen high-speed train earlier this week, said he had met   Japanese railway officials to discuss the possibility of introducing the bullet   trains on high traffic rail sectors in India.
 
 But the primary focus of   the minister's visit to Japan was to smoothen out details of the nearly $4   billion soft loan that India is seeking for a dedicated freight corridor   project. The first phase of the corridor will link New Delhi and   Mumbai.
 
 The second phase of the freight corridor would link Mumbai to   Chennai, with the Chennai to Howrah corridor forming the next phase of the mega   project, the minister said.
 
 The dedicated freight corridor would reduce   the pressure on existing railway lines, ease congestion, reduce delivery times   and improve overall efficiency and productivity, he added.
 
 The protracted   talks with the Japanese on the terms of the loan are now at an "extremely   advanced stage" an Indian official present at the talks told IANS.
 
 The   Japan International Cooperation Agency (JICA) has agreed to the loan in   principle, but the Japanese are demanding that 30 percent of the work, including   technical assistance, be provided by Japanese companies.
 
 "We have made a   lot progress at the talks this week. The discussions centred on the terms of the   loan, on what kind of goods and services the Japanese can provide," said   Minister of State for Railways R. Velu, who is accompanying Lalu Prasad on his   tour of Japan and Singapore.
 
 In Singapore, Lalu Prasad was preceded by   his reputation as a charismatic speaker as evidenced by the huge crowds that   descended on the Lee Kuan Yew School of Public Policy's auditorium. As the hall   overflowed, the organisers hastily arranged a large screen video in an adjacent   hall. And the minister did not disappoint.
 
 Singaporeans and non-resident   Indians hung on his every word as he pithily explained his mantra for the   turnaround of Indian Railways.
 
 Lalu Prasad explained how he shunned   advice from World Bank acolytes who had recommended that he downsize the mammoth   organisation and privatise parts of it. How, instead, his ministry had opted for   more efficient use of railway assets, cutting back on the turnaround time of   freight trains and utilising longer trains to carry greater loads.
 
 With   1.4 million employees making it among the world's largest employers and a 64,000   kilometre-long network, his aim, the minister said, was to make Indian Railways   the cheapest railway transportation system in the world.
 
   
      
     
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