India's Bullet Train on the Losing Track
An RTI reveals that over 40% train seats go vacant on the Mumbai-Ahmedabad route, and 44% on the Ahmedabad-Mumbai route. The Indian railways is losing over 14 crores per quarter on this specific route alone with the existing passenger traffic.
Strangely, this is the segment that Modi govt has chosen to make Bullet train track at a huge cost of Rs. 1,10,000 crores. An amount that is 5 times more than the railway safety fund itself; on a route that is not even profitable!
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