Japanese PM Shinzo Abe's visit: Rs 98,000 crore bullet train deal to be signed on Fri

[V.Balasubramani]

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[h=1]Japanese PM Shinzo Abe's visit: Rs 98,000 crore bullet train deal to be signed on Friday[/h]NEW DELHI: A Rs 98,000-crore deal to build a bullet train network is among a number of agreements likely to be signed during Japanese Prime Minister Shinzo Abe's three- day visit beginning here tomorrow during which he will hold annual summit talks with his Indian counterpartNarendra Modi.

The focus of the visit will be on forging greater synergies between two major Asian economies and take forward the special strategic ties.

In the 9th annual Indo-Japan summit talks on Saturday, Modi and Abe will review implementation of various decisions taken in course of last one year to enhance economic ties, particularly in the trade and investment sector.

Sources said a number of agreements including awarding the Rs 98,000 crore contract to build India's first bullet train network will be inked.

Read more at: http://economictimes.indiatimes.com...-be-signed-on-friday/articleshow/50126043.cms

 

[tks]

Japanese PM Shinzo Abe's visit: Rs 98,000 crore bullet train deal to be signed on Friday

NEW DELHI: A Rs 98,000-crore deal to build a bullet train network is among a number of agreements likely to be signed during Japanese Prime Minister Shinzo Abe's three- day visit beginning here tomorrow during which he will hold annual summit talks with his Indian counterpartNarendra Modi.

The focus of the visit will be on forging greater synergies between two major Asian economies and take forward the special strategic ties.

In the 9th annual Indo-Japan summit talks on Saturday, Modi and Abe will review implementation of various decisions taken in course of last one year to enhance economic ties, particularly in the trade and investment sector.

Sources said a number of agreements including awarding the Rs 98,000 crore contract to build India's first bullet train network will be inked.

Read more at: http://economictimes.indiatimes.com...-be-signed-on-friday/articleshow/50126043.cms

$16 Billion is worth the investment. If India can work with Japanese to build such system, it can expand the network much more. Also it can consult for other third world countries. The key challenge will be for India to hire people that care to do quality work for the program to succeed in the long run.

 

[krish44]

China is being approached for delhi -chennai high speed link.

France and spain are also being considered for other high speed links.

Whether such projects are a priority for india is worth pondering about when the difference between the rich and the poor is widening more.

 

[V.Balasubramani]

China is being approached for delhi -chennai high speed link.

France and spain are also being considered for other high speed links.

Whether such projects are a priority for india is worth pondering about when the difference between the rich and the poor is widening more.

We got Independence in 1947 and Governments ruling since then have been pondering over the priority of such projects all these years.

There are few who come to this Forum for mere entertaining purpose, post baseless texts with bizarre predictions.

If there is a project launching they will pass negative comments exploiting the freedom of expression.

Such projects are really sign of progress, development and growth for a country.

Let us wait and watch.

 

[krish44]

Travel in lowest class with senior citizen concession and dream of such projects.lol

 

[V.Balasubramani]

Voice of a typical jerk who wanders in his dreamworld throughout, but continue his lifestyle as a nomad. lol

 

[sangom]

We got Independence in 1947 and Governments ruling since then have been pondering over the priority of such projects all these years.

There are few who come to this Forum for mere entertaining purpose, post baseless texts with bizarre predictions.

If there is a project launching they will pass negative comments exploiting the freedom of expression.

Such projects are really sign of progress, development and growth for a country.

Let us wait and watch.

Though, on the surface, a massive amount of Rs.98,000crores will come by way of foreign exchange, and may show our economy to be buoyant, etc., my gut feeling is that no such "dream project" will even take off, given that the land acquisition bill has been now abandoned. If the governments try to go forward forcefully, there will be more "NandigraM" kind of resistance movements.

In truth the adjective "wanderer in dreamworld" will apply very well to our PM, Modi!

 

[krish44]

3300 farmers have died this year due to drought and crop failures.

Instead of sensible farm policies and taking care of bottom 30 % of society in rural areas, we think of trains which save a few hours of travel time spending massive

amounts.

Who is going to travel in these trains?

Even the jewellers of gujarat travel to mumbai in lowest class with pouches of jewellery tied to their waist.

Only a few politicians and civil service fellows entitled to free travel will frequent them.Some foreigners or NRI with dollars might be tempted

The premium trains introducd on delhi mumbai route with no concessions at a slightly higher rate during summer rush went more than half empty.

I travelled in one. I was the only one in a four berth AC.

With recent hike in AC fares , travel in Ist AC has fallen drastically and tickets are easily available on long distance trains.

I have come to the conclusion that there is nothing much to choose between congress and BJP.

Both are anti poor.

 

[V.Balasubramani]

3300 farmers have died this year due to drought and crop failures.

When 3300 farmers have died due to draught, why do you need AC coach?

Why don't you sacrifice your comfrot for the sake of our fellowmen who are dying due to drought?

You need all the comfort, but come here to write about the poor farmers about whom you people never bothered. You think and talk of them only when you need them for your defence argument.

Some oldies normally refuse for modernised way of living. They have developed a tendency to stick to old convention and habits.

A train journey by a conventional train is fun for them, they don't care about comfort, time management or development/modernzation.

Such people refuse for technology development and do pass comments against modernisation.

Whenever modern gadget are introduced, oldies who have a mindset of sticking to old habits first crticize, agitate, object and pass adverse comments by highlighting the negative aspects.

It is really a fun to travel in our Train, but when 'Bullet' trains are introduced, I believe these oldies who now demonstrate against such moderniztion, will be there amidst the queue within the first ten commuters!

While everything change, some don't change their attitude especially those who are 'Anti-Modi'.

Read some where:
Swami Vivekananda said : “This I have seen in life - he who is over-cautious about himself falls into dangers at every step; he who is afraid of losing honor and respect, gets only disgrace; he who is always afraid of loss always loses.”

 

[krish44]

I have travelled in shinkansen more than once. I have been to japan many times

So it is no novelty.

There is no need to leapfrog from 10hr journey to 2 hours or so when pace of life in india is much slow and there is the air option for a few who value time

Even if the journey time is reduced by 30 % or so it is good enough. This can be done with better rakes, minor changes on tracks, reducing stops better signal and

platform management.

Our scarce resources cannot support white elephants in the name of modernisation.

 

[V.Balasubramani]

When we launch expensive projects like building Space craft for Mars and Satellite projects, why not develop Bullet Trains?

There are lot of advantages a country can derive by developing Bullet Trains economically.
.
It is reported that practical experience of Japan seems to have proved that business sprouted in all the Tier II and Tier II towns that were connected besides it is also found to improve the economic prosperity of all the town and cities that fall on that route, that apart checking migration from smaller cities to the Metros.

A former Railway Board member insists that the Chief Ministers of various States, cutting across party line they each belong, were very eager to participate in such a unique project since they saw substantial economic benefit from it.

One cannot deny the quality of life that will goes up in view of this development and the inexpensive ticket cost when compared to air tickets and the quality travel time saved.

As for safety the report says that since its introduction i.e. from 1964, there are zero fatalities. What more..??

The project will boost the image of Indian Railways which is lacking far behind.

 

[CHANDRU1849]

Considering the cost of the project, even it is successful (rather doubtful), only the rich will be benefited. The return on investment may take hundreds of years.

Just like Chennai Metro Rail Project, it may be a wasteful expenditure, since the beneficiaries will be less, compared to project cost.

 

[vgane]

We were once very poor..We have advanced in the last 60 years ..From 65% below poverty line in 1957 we have reached 22% in 2012..Still a long way to reach the single digit...

However we should always aim to make rapid strides in science and technology..China was poorer than us...Has it not made rapid strides in the last 40 years?

 

[krish44]

With democracy having to carry all secctions of people it is difficult to progress fast.

GST has been stuck badly in parliament.

Reforms are taking a back seat .


We need to get our priorities rate and choose carefully where to place our resources for best results.

 

[V.Balasubramani]

India, Japan sign pacts on bullet train, defence, civil nuclear energy

[h=2]Prime Minister Narendra Modi (R) shakes hands with Japan’s Prime Minister Shinzo Abe at Hyderabad House in New Delhi on December 12, 2015. (HT Photo/Sonu Mehta)[/h]---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


Taking their robust bilateral ties to a new level, India and Japan on Saturday inked a number of pacts in key areas of defence and nuclear energy as well as building of first bullet train network between Mumbai-Ahmedabad at a cost of about Rs 98,000 crore.

The strategic pacts were inked after the summit between Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe during which they also discussed international and regional issues of mutual importance including UN security reforms.

Addressing a joint press meet with Abe, Modi said, “No friend will matter more in realising India’s economic dreams than Japan” while describing Abe as “a personal friend and a great champion of India-Japan partnership”.

Referring to the pacts signed, Modi said, “No less historic is the decision to introduce High Speed Rail on Mumbai-Ahmedabad sector through Shinkansen known for speed, reliability, safety”, noting that Abe’s extraordinary package of approximately $12 billion and technical assistance, on very easy terms, for this project was greatly appreciated.

Read more at: http://www.hindustantimes.com/india...ullet-train/story-mKen9n93PKaGv85oeSmiwM.html

 

[V.Balasubramani]

[h=1]Bullet train between Mumbai and Ahmedabad: India should be courageous and take the leap[/h]The High Speed Rail (HSR) between Mumbai and Ahmedabad has generated several extreme opinions. What we need to look at is not just the economics of the rail line and it's so called viability, or the 'Make in India' push it will give, but also the overall economic regeneration potential it can usher in its hinterland.

A large catalyst for the growth of intellectual capital, research networks, and productive human resources at the higher end of the spectrum is often spurred by what is called 'effective density'. These are the large closely integrated urban agglomerates, which create a fertile breeding ground for not just new enterprises in scale, but also demand for services that are qualitatively different.

Let us take the example of the United States. The Northeastern corridor that stretches from Boston to Washington spans approx 750 kms is served by the Acela express, which achieves a top speed of about 240 km/hr. This speed is somewhere between the speed proposed for the semi high speed and the high speed trains in India. The sheer success of the Acela, can be seen in the fact that it has helped Amtrak (the IR equivalent of the United States) , enhance its share of overall air/train commuters in the Washington- New York sector from 37% in 2000 to 75% in 2011. The competition even led some airlines to review services between New York and Washington. On the yet longer Boston Washington stretch the Acela today commands a share of approximately 54% of the air and train traffic combined. Today the Acelas drive close to 25% of Amtrak Revenue. The question today is therefore with High speed and Semi high speed rail, India should dare to dream of such Railway Operations, and not be defensive about them. So how do such phenomena unfold ?

Read more at: http://www.firstpost.com/india/bull...-be-courageous-and-take-the-leap-2549018.html