{"id":35206,"date":"2018-10-31T15:47:38","date_gmt":"2018-10-31T10:17:38","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=35206"},"modified":"2018-10-31T15:47:38","modified_gmt":"2018-10-31T10:17:38","slug":"why-india-needs-a-bullet-train","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/why-india-needs-a-bullet-train\/","title":{"rendered":"Why India needs a bullet train:\u00a0"},"content":{"rendered":"<p><a href=\"http:\/\/indianexpress.com\/article\/opinion\/columns\/why-india-needs-a-bullet-train-china-abe-modi-ahmedabad-mumbai-4839143\/\"><span style=\"font-weight: 400;\">Why India needs a bullet train<\/span><\/a><span style=\"font-weight: 400;\">:\u00a0<\/span><\/p>\n<p><b>Context<\/b><\/p>\n<p><span style=\"font-weight: 400;\">This visionary Mumbai-Ahmedabad High Speed Rail (MAHSR) project (popularly known as the bullet train<\/span><span style=\"font-weight: 400;\"> project) will herald a new era of safety, speed and service and help the Indian Railways craft a pathway to becoming a global leader in scale, technology and skill.<\/span><\/p>\n<p><b>Why is this project a transformational leap in India\u2019s transportation history<\/b><b>?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Following are the five reasons how this project would be a transformational leap in India\u2019s transportation history:<\/span><\/p>\n<ol>\n<li><span style=\"font-weight: 400;\"> \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">Attractive low-cost long-term financing<\/span><span style=\"font-weight: 400;\">:<\/span><\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">As a part of a agreement between India and Japan, Japan will provide soft loan of about Rs. 90,000 crore at a interest rate of 0.1 per cent over 50 years.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">India is getting the loan for the MAHSR at close to almost zero cost.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">This saves any strain on existing financial resources, as more than 80 per cent of the project cost is being funded by Japan in this way.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"> It is for the first time that an infrastructure project of this size and magnitude is being funded on such favorable terms.<\/span><\/li>\n<\/ul>\n<ol start=\"2\">\n<li><span style=\"font-weight: 400;\"> \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">Stimulus for advanced components\u2019 manufacture and construction<\/span><span style=\"font-weight: 400;\">:<\/span><\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"> One of the stated objectives of the project is \u201cMake in India\u201d, which is being auctioned even before the commissioning of the project.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">As per the agreement between the two governments, the MAHSR Project has \u201clocalised manufacture\u201d and \u201ctransfer of technology\u201d as twin.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The construction sector in India is also expected to get a big boost not only in terms of works contracts but also with respect to new technology and work culture.<\/span><\/li>\n<\/ul>\n<ol start=\"3\">\n<li><span style=\"font-weight: 400;\"> \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">Professional capacity-building<\/span><span style=\"font-weight: 400;\">:<\/span><\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"> A dedicated High Speed Rail Training Institute is being developed at Vadodara.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">This institute will be functional by the end of 2020, and have facilities to train about 4,000 staff in the next three years, who will then be utilized for operation and maintenance.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">They will also serve as a backbone for the development of other high speed corridors in India.<\/span><\/li>\n<\/ul>\n<ol start=\"4\">\n<li><span style=\"font-weight: 400;\"> \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">Speed<\/span><span style=\"font-weight: 400;\">:<\/span><\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">There are two types of services proposed : \u201crapid train\u201d service with only two stops at Surat and Vadodara and a slower service that halts at 10 stations en route.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The \u201crapid train\u201d would complete the journey in 2 hours and 7 minutes, while the slower service would take 2 hours and 58 minutes.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">This is widely expected to enable the railway system to begin winning back the creamy layer of higher-fare paying passengers in inter-city routes.<\/span><\/li>\n<\/ul>\n<ol start=\"5\">\n<li><span style=\"font-weight: 400;\"> \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">Cutting edge operational technology<\/span><span style=\"font-weight: 400;\">:<\/span><\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">India is getting cutting-edge operational technology in totality.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The Shinkansen technology is renowned for its reliability and safety.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Thus, the project is set to provide reliable and comfortable service with high standards of safety.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The technology regarding disaster predictions and preventions will also be acquired as part of the project.<\/span><\/li>\n<\/ul>\n<p><b>Conclusion<\/b><\/p>\n<p><span style=\"font-weight: 400;\">We should be careful not to confuse leapfrogging technology development with elitism, whether it is mobile phones, satellite launches, regional air-connectivity or high-speed rail. This bullet train<\/span><span style=\"font-weight: 400;\"> project will therefore help the Indian Railways to become a global leader in scale, technology and skill.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why India needs a bullet train:\u00a0 Context This visionary Mumbai-Ahmedabad High Speed Rail (MAHSR) project (popularly known as the bullet train project) will herald a new era of safety, speed and service and help the Indian Railways craft a pathway to becoming a global leader in scale, technology and skill. Why is this project a&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/why-india-needs-a-bullet-train\/\">Continue reading <span class=\"screen-reader-text\">Why India needs a bullet train:\u00a0<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-35206","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/35206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=35206"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/35206\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=35206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=35206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=35206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}