Modi..The man with steel balls

[batman]

7 minutes ago, TampaChinnodu said:

I do know that Japanese Government is giving loan at very low interest rate. But keep in mind that is is still a loan.  

https://thewire.in/177815/mumbai-ahmedabad-bullet-train-many-things-not-free/

And even though japanese govt is bearing major expenses for now in the project , There will surely be other expenses which Indian govt has to take care of. 

For the people who argue even small europe countries have bullet trains , They do not have incidents where small kids die because of lack of oxygen, they do not have cases where bridges collapse because they are centuries old, and the list goes on. 

it is a loan for 50 yrs with negligible interest.japan will also transfer technology, track and all components will be made in factories of india, blue collar jobs, infra dev along the route etc. compare the positives with the loan amt, is it a burden??

the question is if japan is making most of the investment benefiting india then why should we say no? this whole criticism on bullet train sounds senseless. 

there was no scarcity of oxygen in gorakhpur(again you seem to fall pray to non-facts). the supplier did not supply as there was no payment made. its a bureaucratic issue. same for non maintenance of bridges too, our indian lower bureaucracy is worst in the world and won't be fixed overnight even if modi/japan  invest 100 billion to it. 

[TampaChinnodu]

14 minutes ago, batman said:

it is a loan for 50 yrs with negligible interest.japan will also transfer technology, track and all components will be made in factories of india, blue collar jobs, infra dev along the route etc. compare the positives with the loan amt, is it a burden??

the question is if japan is making most of the investment benefiting india then why should we say no? this whole criticism on bullet train sounds senseless. 

there was no scarcity of oxygen in gorakhpur(again you seem to fall pray to non-facts). the supplier did not supply as there was no payment made. its a bureaucratic issue. same for non maintenance of bridges too, our indian lower bureaucracy is worst in the world and won't be fixed overnight even if modi/japan  invest 100 billion to it. 

It is not negligible. No one knows how much inflation it is going to be in 50 years. No one knows what currency exchange rates going to be. So do not go by the fact that it is going to cost us only 0.1% interest. 

You are correct about bureaucratic issues. So what is guarantee same issues wont affect the bullet train project too ? 

And the interest rate Japan government is offering is not any discount rate. It is way more than the normal interest rates in their country. 

[TampaChinnodu]

2 minutes ago, TampaChinnodu said:

It is not negligible. No one knows how much inflation it is going to be in 50 years. No one knows what currency exchange rates going to be. So do not go by the fact that it is going to cost us only 0.1% interest. 

You are correct about bureaucratic issues. So what is guarantee same issues wont affect the bullet train project too ? 

And the interest rate Japan government is offering is not any discount rate. It is way more than the normal interest rates in their country. 

My point is invest in issues where we do not have a solution/alternative right now. Bullet train has other alternatives like normal trains and flights. It is not the issue we must solve at 1 lac crores cost. 

[batman]

1 minute ago, TampaChinnodu said:

It is not negligible. No one knows how much inflation it is going to be in 50 years. No one knows what currency exchange rates going to be. So do not go by the fact that it is going to cost us only 0.1% interest. 

You are correct about bureaucratic issues. So what is guarantee same issues wont affect the bullet train project too ? 

And the interest rate Japan government is offering is not any discount rate. It is way more than the normal interest rates in their country. 

bullet train will not be implemented by indian bureaucracy. it is implemented by japan. half of the investment is a direct FDI by japan other half is the loan.

so japan has a major stake in it to make it a success, they are looking to market their tech to the world. i didn't understand you drawing comparisons with things that indian bureaucrats implement.

[Demigod]

1 hour ago, batman said:

above comment applies to you too...

okay bro it applies to me too..but enni developed nations lo bullet trains unnai, vati operational costs enta akkadi person avg income enta, who is travelling in those ani alochisthe neeke clear ka ardam avuddi..its not about enta interest rate its about do we really need it..ah investment edo japan vadini dedicated freight corridors ki or unna railway infrastructure upgrade cheyadaniki invest cheyamanochuga...vadu cheyadu nduku ante daniki vadi technology konalsina avasaram undadu... and the actual catch about bullet train is Gujarat elections..city lo unde metro trains ke 10 years plus padutundi complete avvadaniki inka e bullet train ki enni years pattudi alochinchuko..ah land pooling adi antha inko headache entha mandi displace avtaru..first unna infrastructure upgrade chesukuni ela panilo pettali ani think cheyali thats commonsense.. bullet train ragane emaina development double aipotada..roads train and air transport lo chala cheyyochu cheyali ante.. 

[reality]

5 minutes ago, Demigod said:

okay bro it applies to me too..but enni developed nations lo bullet trains unnai, vati operational costs enta akkadi person avg income enta, who is travelling in those ani alochisthe neeke clear ka ardam avuddi..its not about enta interest rate its about do we really need it..ah investment edo japan vadini dedicated freight corridors ki or unna railway infrastructure upgrade cheyadaniki invest cheyamanochuga...vadu cheyadu nduku ante daniki vadi technology konalsina avasaram undadu... and the actual catch about bullet train is Gujarat elections..city lo unde metro trains ke 10 years plus padutundi complete avvadaniki inka e bullet train ki enni years pattudi alochinchuko..ah land pooling adi antha inko headache entha mandi displace avtaru..first unna infrastructure upgrade chesukuni ela panilo pettali ani think cheyali thats commonsense.. bullet train ragane emaina development double aipotada..roads train and air transport lo chala cheyyochu cheyali ante.. 

Gavanni maak thelvadh... prathi roju tanchanu ga steel balls moginchi dannam pettukovadam okkate thelsu...

[Demigod]

4 minutes ago, reality said:

Gavanni maak thelvadh... prathi roju tanchanu ga steel balls moginchi dannam pettukovadam okkate thelsu...

[Bhai]

6 minutes ago, reality said:

Gavanni maak thelvadh... prathi roju tanchanu ga steel balls moginchi dannam pettukovadam okkate thelsu...

 

1 minute ago, Demigod said:

 

[batman]

21 minutes ago, Demigod said:

okay bro it applies to me too..but enni developed nations lo bullet trains unnai, vati operational costs enta akkadi person avg income enta, who is travelling in those ani alochisthe neeke clear ka ardam avuddi..its not about enta interest rate its about do we really need it..ah investment edo japan vadini dedicated freight corridors ki or unna railway infrastructure upgrade cheyadaniki invest cheyamanochuga...vadu cheyadu nduku ante daniki vadi technology konalsina avasaram undadu... and the actual catch about bullet train is Gujarat elections..city lo unde metro trains ke 10 years plus padutundi complete avvadaniki inka e bullet train ki enni years pattudi alochinchuko..ah land pooling adi antha inko headache entha mandi displace avtaru..first unna infrastructure upgrade chesukuni ela panilo pettali ani think cheyali thats commonsense.. bullet train ragane emaina development double aipotada..roads train and air transport lo chala cheyyochu cheyali ante.. 

idhi bagundhi.....japan dental invest cheyyalo kudos manam dictate chesthama? japan will invest based on its calculations....it wants to market its bullet train technology to the world. since india is not losing anything, it agreed and japan made FDI and offered loan to make it feasible for every1.

bullet train ragane dev double avvadhu....alage manama books kudos semi ledhu so why oppose this. of course we need to improve other necessities but why target criticism to something that doesn't matter at all is my question.....indian gov is not investing 50 % of its gdp for bullet trains

[batman]

15 minutes ago, reality said:

Gavanni maak thelvadh... prathi roju tanchanu ga steel balls moginchi dannam pettukovadam okkate thelsu...

eggjactly.....kcr garu kuda vasthu ani sollu ani crores of tax payers money wasting when his own constituency gajwel has highest farmer suicide rates.....

kani "Gavanni maak thelvadh" nee anti vallu kar gari ganta roju kodthane untaru

[reality]

Just now, batman said:

eggjactly.....kcr garu kuda vasthu ani sollu ani crores of tax payers money wasting when his own constituency gajwel has highest farmer suicide rates.....

kani "Gavanni maak thelvadh" nee anti vallu kar gari ganta roju kodthane untaru

Nee laga oka politician ki guddi ga bhajana cheyyaletledhu...KCR gadi meedha kuda threads esina...search chesko...

inka poyi kottuko po

[Demigod]

2 minutes ago, batman said:

idhi bagundhi.....japan dental invest cheyyalo kudos manam dictate chesthama? japan will invest based on its calculations....it wants to market its bullet train technology to the world. since india is not losing anything, it agreed and japan made FDI and offered loan to make it feasible for every1.

bullet train ragane dev double avvadhu....alage manama books kudos semi ledhu so why oppose this. of course we need to improve other necessities but why target criticism to something that doesn't matter at all is my question.....indian gov is not investing 50 % of its gdp for bullet trains

Bro...ikkada as a customer neeku teliyalsindi enti ante power mana daggara undi..manam ekkada invest cheyamante vadu akkada invest cheyali japan kakapothe inko nation invest chestadi according our needs anthe kani japan daggara ah technology undi kada ani vadu edi chepte adi manam cheyamu.. just because vadu edo FDis testunnadu leda loan istunnadu ani... I am not against development but I feel all these fancy toys fancy projects are not development.. project cost 17 billion dollars bro just imagine what can be done to the existing transport system with that..moreover I have no idea why it is between Ahmadabad pune..on what basis did they decide that in case neeku telisthe please throw some light..

[TampaChinnodu]

21 minutes ago, batman said:

idhi bagundhi.....japan dental invest cheyyalo kudos manam dictate chesthama? japan will invest based on its calculations....it wants to market its bullet train technology to the world. since india is not losing anything, it agreed and japan made FDI and offered loan to make it feasible for every1.

bullet train ragane dev double avvadhu....alage manama books kudos semi ledhu so why oppose this. of course we need to improve other necessities but why target criticism to something that doesn't matter at all is my question.....indian gov is not investing 50 % of its gdp for bullet trains

Yet, despite this admirable track record, Tokyo has struggled to export its bullet train know-how. Before India signed up, Taiwan had been Japan’s only successful sale.

The greatest challenge to Japan’s ambitions is the emergence of China as the new emperor of the super fast train. Over the past decade China has created a 22,000km high-speed rail network, dwarfing Japan’s in size and speed of development. It boasts the world’s fastest train, the Shanghai Maglev that hits speeds of 430km. And China’s technology is also cheaper, making it an attractive proposition for the cost-conscious developing and middle-income countries of Asia.

11 projects that show China’s influence over Malaysia

In 2015, China pipped Japan to the post at the last minute, by securing a high-speed rail project in Indonesia, that had been considered by Tokyo to be in the bag. In the years since, land acquisition problems have stalled the project. Behind the scenes, Japanese officials feel vindicated, claiming China has no proper business plan and is making promises it cannot keep. They also stress their safety record in contrast to China, where a high-speed crash in 2011 killed 40 people.

Regardless, China has also beaten Tokyo to becoming Thailand’s choice of partner for its first high-speed rail line, permissions for which were granted by Bangkok this month. The two countries are further facing off in the bid to win contracts for the Singapore-Kuala Lumpur and Thailand-Malaysia high-speed projects.

Models advertise China’s high-speed rail project in Indonesia. Photo: Reuters

Moreover, China still hopes to secure a slice of India’s planned 10,000km, high-speed rail-pie. In 2015, a consortium of Chinese companies was chosen to carry out the feasibility study for a New Delhi-Mumbai link. A proposed New Delhi-Chennai bullet corridor has also evinced Chinese interest.

Until recently, China’s competitive pricing coupled with its promises of speedy construction, might have inclined India towards partnering on some high-speed projects. In light of recent geopolitical developments, however, this seems less likely. Sino-Indian relations remain tense following a two-month military stand-off in Doklam, near the India-China border. Beijing’s support for Pakistan’s planned economic corridor, which would pass through parts of Kashmir claimed by India, has also raised concerns in New Delhi.

Puffing across the ‘One Belt, One Road’ rail route to nowhere

India’s increasing unease with its northern neighbour is a strategic opportunity for Japan. Tokyo is aware it needs allies to fend off the China-challenge, but few are at hand. India is the only candidate in the region large and powerful enough to fit the bill.

“India is not Indonesia or Thailand. It is a great nation, totally autonomous,” said Hiroshi Hirabayashi, former ambassador of Japan to India and author of the recent book India: The Last Superpower. “It does not need to submit to Chinese pressure,” he concluded.

Chinese railway workers pose for photos with the Fuxing, a high speed train capable of reaching 400kph. Photo: AP

The Mumbai-Ahmadabad contract was not an easy win for Tokyo. It entails a US$12 billion loan, at 0.1 per cent interest, to be paid back over 50 years, taking care of more than 80 per cent of the project’s estimated costs. Japan will also supplement the financing with a generous package of technical help and training.

Tomoyuki Nakano, the Director for International Engineering Affairs of Japan’s Railway Bureau, is confident of ironing out any problems relating to climatic differences, the possibility of electrical blackouts, as well as dust and environmental conditions.

Do Malaysia and Singapore really need a high-speed rail link?

But in India, concerns pertaining to costs and safety persist. Profitability, in particular, is a notoriously hard ask for high-speed train networks. The Japanese-developed bullet line in Taiwan for example, has been mired in debt since opening in 2007. For a high-speed line to succeed, ticket prices and passenger volume need to be high. It costs about US$130 for a one-way Shinkansen ticket from Tokyo to Osaka. And more than 350 trains operate on this line daily, ferrying 163 million passengers a year.

The view from the front window of China’s Fuxing high-speed train, which operates on the Beijing-Shanghai line. Photo: Xinhua

It is far from certain whether the Mumbai-Ahmadabad bullet can replicate statistics like this. It is expected to be operational by 2023. How it fares could be a bellwether for the broader Indo-Japan relationship.

If it succeeds it would pave the way for more Japanese investment in critical Indian infrastructure, boosting trust and easing cooperation in third countries as well. Japan has cutting-edge technology and capital to invest. India provides a large market and a growing economy in need of technological know-how and investment. The two democracies are further bound together by their need to stand up to a common rival: China.

RELATED ARTICLES

 

China douses diplomatic fires in eventful year – but one still smoulders

 

What India’s hi-tech capital can learn from China

 

I say ‘namaste’, you say ‘nihao’ ... how India’s defence minister helped build bridges in frontline chat with Chinese soldiers

 

1,000 Chinese soldiers reportedly still in Doklam a month after border stand-off ended

 

China douses diplomatic fires in eventful year – but one still smoulders

 

What India’s hi-tech capital can learn from China

• 1
• 2
• 3
• 4

But if it fails, it could indicate other snags that a Tokyo-New Delhi éntente might derail on. In many ways Japan and India are cultural misfits. But Nakano of Japan’s Railway Bureau is sanguine. “When we had Indians coming here [to Tokyo] for training, I noticed some of them were quite late. But after two weeks in Japan they became very punctual,” he concluded. ■

[batman]

11 minutes ago, reality said:

Nee laga oka politician ki guddi ga bhajana cheyyaletledhu...KCR gadi meedha kuda threads esina...search chesko...

inka poyi kottuko po

nuvvu yevadi medha threads yeshna yavadi m ki??.....naaku yevadu right anipisthe vadiki support chestha....

nenu clear ga support ki facts kuda cheppina......only guddi or brainless fellows will not understand that.....criticism ki point enti ante thrall ledhu those ledhu nuvvu nee batch these arguments ki.....maybe andharu kottutuntunaremo....

[reality]

1 minute ago, batman said:

nuvvu yevadi medha threads yeshna yavadi m ki??.....naaku yevadu right anipisthe vadiki support chestha....

nenu clear ga support ki facts kuda cheppina......only guddi or brainless fellows will not understand that.....criticism ki point enti ante thrall ledhu those ledhu nuvvu nee batch these arguments ki.....maybe andharu kottutuntunaremo....

Arei endhuku ra weekend poota lolli chesthav...pilla kunka...ayina nenu neeku quote cheyyakunna...vacchi endhuku kelukkunav ra laamdike