Of course, a bullet train system would become a talking point, a talismanic symbol of a modern nation and a lasting memorial to its prime mover, which is Narendra Modi. But the only users would be those who can afford air travel. Assuming that 100,000 tickets are sold every day, the cost of capital, including depreciation, interest etc, would work out to Rs 3200 a ticket, excluding operating cost. Clearly, without a massive subsidy, this venture would be broke beyond repair.
Satisfying one's ego can't be more important than satisfying the needs of millions of people, who travel in overcrowded, dirty and unsafe train compartments.
P Datta, Kolkata
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