Bullet Trains: Redefining Travel Or Financial Disaster?
PUBLISHED ON: September 14, 2017 | Duration: 25 min, 22 sec
The grand bullet train project, meant to connect Ahmedabad and Mumbai in a little over two hours, is a Rs 1,10,000 crore project, the large bulk of which will come from Japan through a soft loan repayable over a period of 50 years. But is this massive project ever going to be financially viable unless the government chooses to subsidise it? And should a bullet train have been the priority before getting our rail system fixed?