India to build sea bridge, tunnel to connect Sri Lanka at a cost of Rs 24,000 crore: Nitin Gadkari

[Ryuzaki]

NEW DELHI: Keen on promoting connectivity in the South Asian region, India is set to build a sea-bridge and tunnel connecting Sri Lanka while a pact has been inked with Bangladesh, Bhutan and Nepal for seamless flow of traffic and passenger vehicles, Union Minister Nitin Gadkari said today.

"The Asian Development Bank is ready to fully finance a bridge building project connecting Rameshwaram to Sri Lanka. The project was also discussed by Prime Minister Narendra Modi with his counterpart during the latter's recent visit," Road Transport and Highways Minister Nitin Gadkari said in a suo motu statement in the Lok Sabha.

The India-Sri Lanka connectivity project cost is pegged at about Rs 24,000 crore.

Read more at:
India to build sea bridge, tunnel to connect Sri Lanka at a cost of Rs 24,000 crore: Nitin Gadkari - The Economic Times

 

[Echo_419]

NEW DELHI: Keen on promoting connectivity in the South Asian region, India is set to build a sea-bridge and tunnel connecting Sri Lanka while a pact has been inked with Bangladesh, Bhutan and Nepal for seamless flow of traffic and passenger vehicles, Union Minister Nitin Gadkari said today.

"The Asian Development Bank is ready to fully finance a bridge building project connecting Rameshwaram to Sri Lanka. The project was also discussed by Prime Minister Narendra Modi with his counterpart during the latter's recent visit," Road Transport and Highways Minister Nitin Gadkari said in a suo motu statement in the Lok Sabha.

The India-Sri Lanka connectivity project cost is pegged at about Rs 24,000 crore.

Read more at:
India to build sea bridge, tunnel to connect Sri Lanka at a cost of Rs 24,000 crore: Nitin Gadkari - The Economic Times

How to waste money part 1

 

[[Bregs]]

How to waste money part 1

what will be the economic benefits for india ? spending such a monstrous money that too on loan

 

[Echo_419]

what will be the economic benefits for india ? spending such a monstrous money that too on loan

Money can be better spend elsewhere like Clean coal tech or solving the urban waste problem

 

[herono1]

what will be the economic benefits for india ? spending such a monstrous money that too on loan

Sri Lanka will become new state of India.

 

[Sliver]

what will be the economic benefits for india ? spending such a monstrous money that too on loan

not everything is to be measured in immediate economic benefit. Some actions result in a tremendous soft power projection which will also promote brotherhood and friendly exchanges.

better connectivity
economic opportunities to tap the north SL region
South India is a manufacturing economy - it trades and exports to other countries - a seamless connectivity to Another country reduces transport costs and timelines.
enhances embedding of SL Into India's economic sphere which will help increased co=operation and co-existence.

In terms of benefits for SL - they can utilize the connectivity to India to increase exports and tap into Indian market in a huge way
Be the manufacturing regional hub for agri based products to feed into TN's industrial manufacturing base
get a manifold increase from India's tourists - specially from the IT hub regions. the number of people driving to SL just because its possible (do you know how many people from USA drive on the key west drive just for the sheer experience)
I presume this can open opportunities for SL people to work on the South Indian IT hubs - this will be an enormous win win for both India and SL

 

[Ragnar]

What is the status of this other project..?

 

[Ryuzaki]

What is the status of this other project..?

 

[Jason bourne]

What is the status of this other project..?

Kal hi anandi ben kuch kar aayi vaha inauguration ...

 

[Ryuzaki]

Will/Should this have a railway link as well?

 

[DRDO KALI 10000]

Money can be better spend elsewhere like Clean coal tech or solving the urban waste problem

Or also for Sethusamudram project only in Rs 1200 -1300 cr., far higher benefits building a port in India bringing development in this part which is going to srilanka. Plus shot route for shipping.

 

[Echo_419]

Or also for Sethusamudram project only in Rs 1200 -1300 cr., far higher benefits building a port in India bringing development in this part which is going to srilanka. Plus shot route for shipping.

I agree with you,money could be better utilized in the 'south itself'

 

[raktaka]

WTF ....... I hope this is a Joke.

Maybe Sri Lanka can take the loan and build the bridge.

 

[Gibbs]

WTF ....... I hope this is a Joke.

Maybe Sri Lanka can take the loan and build the bridge.

No Sri Lankan politician, the Government or any authority has mentioned or agreed to any of this crap, Most likely they never would.. The only noise coming from is from some bloke called Gadkhari in India

 

[Great Sachin]

Ram Setu !!!

 

[raktaka]

Money can be better spend elsewhere like Clean coal tech or solving the urban waste problem

This loan by China is NOT available for anything else

They are willing to fund this White Elephant. I hope the interest rate is as low as 0.5% to make it attractive

No Sri Lankan politician, the Government or any authority has mentioned or agreed to any of this crap, Most likely they never would.. The only noise coming from is from some bloke called Gadkhari in India

Well its your friend china who is given this loan so you should be glad to use it