The repayment of loans and cost overrun will be the sole responsibility of the state government.
The detailed project report for the rail project has to be ratified by the railway ministry.
Standard gauge line for semi high-speed rail project may prevent integration of it into Indian Railways’ broad gauge line in future; state will also have to raise at least 60% of cost via borrowings
At present, it will take more than 12 hours to cover the same distance through the existing rail network.
The cabinet on Wednesday approved the preliminary works related to land acquisition for the semi high-speed rail from Thiruvananthapuram to Kasaragod.
Project gets recommendation from bodies concerned, including Dept of Expenditure under MoF