Bullet Trains: Redefining Travel Or Financial Disaster?
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?
