Kerala's High Speed Dilemma
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High speed rail is politically funded in their own countries. France, Japan, Germany and now China.
France, Germany and Japan are desperate for new business. China is no loser either.
Said countries have rich treasuries for future, long term, mega-project loans. They will offer to fund this for 25 yrs. no problem.
Politicians in India love such mega-projects for the patronage and corruption on offer. No charge, except the next gen. public is scr***d.
It's a great rodi-reta-cement-steel-&-labour arbitrage game. Commissions all around to local labour Co.'s who also line up votes, truck & transport contractors who supply material and come in handy for busing voters come election time, govt. technocrats (engg.'s and mgmt. types) line up foreign jaunts re: factory visits and jobs/education for their kids overseas etc. and of course profits to Tata, Jindal and Birla re: steel & cement business. Fat percentages to the party bosses. Big party politics all around.
High speed rail will be built all over India in double quick time, just you watch
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