No body Understand the Idea behind the Bullet Train and people just start commenting. Even we start the Project now, it will take minimum 8 years, to start first bullet train. So our First bullet train may be ready by 2026 - 27. But for that we have to think today.
Other Angle is of economics Out of 90000 Crore Rs (Approx.) Cost japan will provide 50000 Crore Rs. as a loan, that too on 0.01 % of interest. That means on total we keep loan for 15 Years we have to pay just 1.51% flat interest. It means we are bringing money from outside on just 1.51% interest for 15 years. It is great deal. We don't have to invest more....
more... It is good profit indeed. And if we don't bring Bullet train, Anyway we are not going to get anything, and that is our loss.
So better see Bullet train as Foreign Investment with Very very law Intrest rate.