Japan plans to discuss how to proceed with a high-speed railway project in India employing Japan's shinkansen technology after its estimate found a budget shortfall of some 500 billion yen ($4.56 billion), a source close to the matter said Saturday.The cost for the project connecting around 500 kilometers between Mumbai and Ahmedabad rose from the previous budget of 980 billion rupees ($14.68 billion) after India called for building a reinforced elevated bridge and using shield machines for excavations, the source said.The shortage is the latest setback for the iconic project in Japan-India…READ FULL ARTICLE
