Apart from the cost and profits, just consider the key factors infrastructure, land for tracks and stations ( have to be ear marked or bought with compensation), fail proof security at stations and level crossings. Once the project is completed then comes the problems of staffing and maintenance sourcing and finance. The current Indian train accidents in recent times are likely because of track failure. Would be interesting to know the logistics, pros and cons of this bullet train.
From international political point of view it is a bold step by the present Govt who wants to take India ahead in international scene.
Whether the scheme will be successful or not this only coming times will tell but it is a welcome move.
Knowledge is power.
But as Natarajan doubted, I also have the doubt- are we ready. Before starting was there any proper debate and expert evaluation cost-utility effectiveness? Resource is still scarce and precious for us. We should not land in a debt mess.
My concern is that it should not turn out to be a smart pushing of other nation's commercial interests on us.
However now that it has been officially launched, we the citizen have to be vigilant and obsrviant to see that nation's interest are the prime and the project gets completed within the projected time and corruption does not enter at any stage and money is not wasted.
'Idhuvum Kadandhu Pogum "
Even this challenging situation would ease
Coming to the point under discussion, the project is a joint venture and we have to welcome such developments in mutual bilateral interests and also to keep up our pace in international arena. If everything is to be counted, we can't forget the fact that there is an infructuous expenditure being incurred in the name of R&D activities and every success story and a failure cost us more in these areas also.