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Next game changer: High-speed rail may add ₹60 trn to economy in 15 years

For decades, traditional trains have been India's arteries, moving over 23 million passengers daily along with vital freight

High Speed Rail
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Every kilometre of HSR provides five times the capacity of conventional rail and can play a crucial role in developing Tier II and III cities, relieving the pressure on the metros. (Representative image: Freepik)

Vinayak Chatterjee

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India is ripe for a massive new infrastructure thrust, one that should be as transformative and rejuvenating for the economy as the National Highways Development Project and the renewables initiative have been. And that, indubitably, is a high-speed rail (HSR) mega-programme. India’s per-capita gross domestic product (on a purchasing power parity basis) is now on a par with that of countries that pioneered HSR several decades ago — pointing to the fact that this is the right time for India to make the leap from conventional rail to HSR.  
The case for prioritising HSR has also
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