AFTER FACING LAND acquisition hurdles in Maharashtra for more than three years, the country’s first high-speed or bullet train project appears back on track, after a new government came to power in the state in June 2022. The progress is welcome after the sharp slowdown in the pace of work witnessed during the previous Uddhav Thackeray-led Maha Vikas Aghadi government’s 31-month tenure from November 2019, which often led to speculation that the Mumbai-Ahmedabad corridor, already three years behind schedule, might get delayed further. Thackeray had gone on record criticising the high-profile project, and questioned its benefits.
However, one challenge remains: the state’s bid to acquire 9.69 acres of land belonging to Godrej & Boyce Manufacturing Co. in Mumbai’s Vikhroli has not yet come through. In a plea filed with the Bombay High Court, the company has described the move as “illegal and bad in law”. Challenging the state’s civil suit, it has questioned an amendment to the Land Acquisition Act of 2013, exempting the project from social impact assessment and described the ₹264-crore compensation offered as “inadequate”, compared to the ₹572 crore proposed earlier. Since 2019, the state government and the company have been locked in a bitter dispute over the land that is proposed to be developed as an entry point to the underground part of the project.
Opposing the Godrej & Boyce petition on behalf of the National HighSpeed Rail Corporation Ltd (NHSRCL) and the Central government, Additional Solicitor General Anil Singh told the High Court bench of Justice R.D. Dhanuka and Justice M.M. Sathaye that the delay had resulted in a cost escalation of up to ₹1,000 crore.
Bu hikaye Business Today India dergisinin January 22, 2023 sayısından alınmıştır.
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Bu hikaye Business Today India dergisinin January 22, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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