Why is China so modern while India is lagging behind?(2)
Varun Nair, Passion for Indian Politics
India is planning on building its first bullet train between Mumbai and Vadodara,and it was supposed to be built by 2023.
India and Japan signed a MoU to undertake a joint feasibility study of the Mumbai-Ahmedabad route in New Delhi in September 2013.The project is estimated to cost ₹1.1 lakh crore (US$16 billion),including the cost of 24 trainsets, interest during construction and import duties.JICA agreed to fund 81% of the total project cost ₹88,087 crore (US$13 billion), through a 50-year loan at an interest rate of 0.1% with a moratorium on repayments up to 15 years and the remaining cost will be borne by the state go nments of Maharashtra and Gujarat.20% of the components used on the corridor will be supplied by Japan, and manufactured in India.
Now the video…
This is a video by ABP news where they are making a documentary on the progress of the bullet train project which is scheduled to be completed by 2023.The video was released on Jan 23 2019,hence maybe they shot the video in nov-dec period,whatever might be the case it is obvious that the construction phase should have begun in order to complete it on the time.But the truth was,
As you can see,”research” is being done in the place which is supposed to have a underground pass. Again sad state the go nment takes forever to begin things.