* Bullet train is very bad and not feasible for India if it has to borrow loan at market rate (around 10%p.a).
* But at the 0.1% p.a. loan offered for 80% of project cost with payment period of 50 years and moratorium of 15 years for loan payment by Japan specifically for the Bullet train, it is a must grab opportunity. Else Bullet trains may not come of India for many decades if it borrows loan at market rates.
* After 15 years when India shall start repayment of loan,...
more... its economy shall be 4 times the current economy and the the amount 88000 Cr. shall be like paying Rs 22000 crore in 35 years (50-15=35) at current scenario!! One should not fear for the 1.1 lac Crore Rs project cost.
* Bullet train shall boost development of the region,Delhi Mumbai Industrial corridor, DFC, new jobs, real state development, growth of bysiness, tax collection for govt etc immediately after it is commissioned by say 2024