Japan offers India soft loan for $15 billion bullet train in edge over China

[Wood]

5 years passed still not completed?

Not even the land acquisition is complete.

 

[SuvarnaTeja]

5 years passed still not completed?

Not even the land acquisition is complete.

Bullet train is a luxury. India cannot afford it. Consider this project as dead.

 

[Wood]

Bullet train is a luxury. India cannot afford it. Consider this project as dead.

It is certainly a luxury now.

But optimistically, Indian economy in urban centers may be able to sustain the cost in 10 years from now. This sits well with Indian speed of infrastructure implementation. Start the work now to finish in a decade. Luckily, the Japanese loans have a very generous interest rate

 

[beijingwalker]

But who will pay for the delay, India or Japan?

 

[Wood]

But who will pay for the delay, India or Japan?

At 0.1% interest rate, I suppose both countries do

 

[faithfulguy]

At 0.1% interest rate, I suppose both countries do

so did the money ever reached India or is it in offshore accounts of corrupt officials.

 

[Wood]

so did the money ever reached India or is it in offshore accounts of corrupt officials.

Yes, it is in my bank account.

 

[SuvarnaTeja]

But who will pay for the delay, India or Japan?

Indian government pays for the delays.

so did the money ever reached India or is it in offshore accounts of corrupt officials.

It is possible that some middlemen are profiting from the delays.

 

[Black Tornado]

Thackeray became the CM and fugged the Bullet Train and Hyperloop, it’s still in land acquisition in Maharashtra but construction is under progress in Gujarat. Maybe we can see Delhi-Varanasi HSR line earlier.

 

[艹艹艹]

India to get first bullet train by 2026?​

Updated: 06 Jun 2022, 03:26 PM IST

Union Minister for Railways, Communications, Electronics and Information Technology, Ashwini Vaishnaw (ANI )

SURAT : Indian might gets its first operational bullet train by the year 2026, Union Minister for Railways, Communications, Electronics and Information Technology, Ashwini Vaishnaw said on Monday.

Ashwini Vaishnaw further mentioned that good progress was being made into making the first bullet train of India operational between Surat and Bilimora in Gujarat in 2026.

 

[shi12jun]

4K China High Speed Rail Smart Fuxing High Speed Rail Business Seat Experience

 

[MultaniGuy]

Haha, I laugh at how the West is desperately trying to prop up India against China. lol.

India is no where near as advanced as China technologically, economically, militarily.

And India has two arch enemies: Pakistan and China. lol.

The West is investing in the wrong place !
@beijingwalker

Your views?

 

[Skull and Bones]

Haha, I laugh at how the West is desperately trying to prop up India against China. lol.

India is no where near as advanced as China technologically, economically, militarily.

And India has two arch enemies: Pakistan and China. lol.

The West is investing in the wrong place !
@beijingwalker

Your views?

West has also invested in the neutrals in Pakistan, that gave very good returns.

 

[hualushui]

Ashwini Vaishnaw further mentioned that good progress was being made into making the first bullet train of India operational between Surat and Bilimora in Gujarat in 2026.

less than 50km

 

[beijingwalker]

Haha, I laugh at how the West is desperately trying to prop up India against China. lol.

India is no where near as advanced as China technologically, economically, militarily.

And India has two arch enemies: Pakistan and China. lol.

The West is investing in the wrong place !
@beijingwalker

Your views?

Absolutely, US just plays India for a fool and India is very happy to be one.