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sreejithv



Joined: 22 Jan 2015

Posts: 240


PostPosted: Wed Nov 01, 2017 10:20 pm    Post subject: If a post contains some illegal issues you may abuse on it - just click Abuse and fill the form Reply with quote

proposed bullet train route is already a loss making route for WR

ബുള്ളറ്റ് ട്രെയിന്‍ റൂട്ടില്‍ യാത്രക്കാരില്ല; റെയില്‍വേക്ക് വന്‍ നഷ്ടമെന്ന് രേഖകള്‍
http://www.mathrubhumi.com/news/india/bullet-train-route-making-loss--1.2354420?pq=1.1071539
#Mathrubhumi
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srirangam99



Joined: 17 Nov 2007
Age: 54

Posts: 4141


PostPosted: Thu Nov 02, 2017 11:47 am    Post subject: If a post contains some illegal issues you may abuse on it - just click Abuse and fill the form Reply with quote

Admins may move all bullet train-related posts from this Miscellaneous thread to the Bullet train thread

Can you arrange for minor translation of the report in Mathrubhumi dear Sreejith?

However, a similar report in English already appeared yesterday in another paper, probably times of India or may be a link called paid.outbrain.com, it is aligned with Microsoft Edge.


I will try to retrieve it? Yes that was a link from NDTV quoting an RTI query and this is the same report from Hindustan Times. This is the link: http://www.hindustantimes.com/india-news/trains-on-mumbai-ahmedabad-bullet-train-route-incurring-losses-in-q2-shows-rti-query/story-E78kDMDd7tcg2H2XZutrYJ.html

Mumbai-Ahmedabad bullet train in the works but 40% seats on route go vacant: RTI

The Western Railway revealed in the RTI that in the past three months loss of Rs 30 crore was incurred on the Mumbai-Ahmedabad sector. Shame on this idiotic spend-thrift Government and the slavish Railway establishment and think-tank. Aren't these the same guys who now cannot even have their own Railway Budget? But the morons will not stop dreamin'!!!!

INDIA Updated: Nov 01, 2017 17:19 IST
Indo Asian News Service, Mumbai

As the Narendra Modi government proceeds with the grandiose plans for a bullet train between Mumbai and Ahmedabad, a RTI query has revealed that over 40% seats on all the trains on this sector go vacant causing huge losses to Western Railway.

According to RTI replies received by Mumbai activist Anil Galgali, only in the past one quarter, the Western Railways’ staggering losses on this sector is nearly Rs 30 crore, or around Rs 10 crore per month.

“The Indian government is overenthusiastic and plans to spend more than Rs 1 lakh crore on the Bullet Train project, but it has not done its homework properly,” Galgali said, adding it raises serious question marks on the viability of the Bullet Train project, whenever it comes up.

The Indian Railways have also admitted that they have no plans to introduce any new trains on this sector which is already in the red.

Replying to Galgali’s query on seats occupancy on all the trains between the two cities, the WR revealed that in the past three months, 40% all seats went vacant on the Mumbai-Ahmedabad sector and 44% empty on the Ahmedabad-Mumbai route.

Why India’s first bullet train will be based on Japan’s Shinkansen network
WR’s chief commercial manager Manjeet Singh said between July 1 and September 30, there are 32 mail/express serving this sector with a total seating capacity of 735,630 seats on the Mumbai-Ahmedabad sector.

Of these, only 441,795 seats were booked during that period generating a revenue of Rs 30,16,24,623 against the total estimated expected income of Rs 44,29,08,220 — incurring a huge loss of Rs 14,12,83,597 in the past quarter.

Similarly, on the Ahmedabad-Mumbai route served by a total of 31 mail/express trains with a seating capacity of 706,446, only 398,002 seats were booked, resulting in a revenue of Rs 26,74,56,982 against the estimated expected income of Rs 42,53,11,471, spelling a massive loss of Rs 15,78,54,489.

The WR provided the data of all the major trains plying on the Mumbai-Ahmedabad-Mumbai route like the Durantos, Shatabdi Expresses, Lokshakti Express, Gujarat Mail, Bhavnagar Express, Saurashtra Express, Vivek-Bhuj Express and others.

Faced with the vacancies on existing trains, the WR Divisional Engineer, Ahmedabad informed that there is no fresh proposal to introduce any new trains on this sector.

In fact, Galgali said that the most popular train, 12009 Shatabdi Express with a capacity of 72,696 seats sold only 36,117 during the July-September period on the Mumbai-Ahmedabad route and in the return direction of the total 67,392 seats, only 22,982 were sold.

This train, which once always ran packed in all seasons both ways has now proved to be a loss-maker, and the executive chair car with 7,505 seats was practically deserted with just 1,469 seats booked, plummeting revenues from the estimated Rs 1,45,49,714 to a paltry Rs 26,41,083 during the last quarter.

The position in all other trains was similar and though there is a higher demand for sleeper class compared to seats, the WR has not done enough to augment its capacity.

Galgali pointed out that given this current alarming scenario, coupled with growing preference for flights and improved road travel, the Central and Gujarat governments must review the expensive option of the Bullet Train before it becomes a white elephant for the Indian taxpayers.

PS: Then there is another link questioning viability of the Bullet white elephant: http://www.hindustantimes.com/editorials/is-modi-s-bullet-train-project-economically-viable/story-V7SR4dhGTiYkBezpVaKb0O.html

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Krishnaswamy



Joined: 16 Dec 2009

Posts: 2711
Location: Thanjavur/Chennai/Delaware

PostPosted: Thu Nov 02, 2017 7:12 pm    Post subject: If a post contains some illegal issues you may abuse on it - just click Abuse and fill the form Reply with quote

sreejithv wrote:
proposed bullet train route is already a loss making route for WR

ബുള്ളറ്റ് ട്രെയിന്‍ റൂട്ടില്‍ യാത്രക്കാരില്ല; റെയില്‍വേക്ക് വന്‍ നഷ്ടമെന്ന് രേഖകള്‍
http://www.mathrubhumi.com/news/india/bullet-train-route-making-loss--1.2354420?pq=1.1071539
#Mathrubhumi

IR has clarified that..
The RTI question was about end to end. so they said, end to end it was 40%, whereas they have more than 100%,for intermediate station passengers too.
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gsrini



Joined: 13 Feb 2010

Posts: 981


PostPosted: Tue Nov 14, 2017 10:38 am    Post subject: If a post contains some illegal issues you may abuse on it - just click Abuse and fill the form Reply with quote

Does India actually need a bullet train?

 
Piyush Goyal (Official), Minister of Railways and Coal at Government of India
Answered yesterday · Upvoted by Rahul Pandey, B.Tech Civil Engineering, National Institute of Technology, Rourkela (2014) and Sreeram Ks, Engineer at Indian Railways (2017-present)

India is a rapidly developing economy with numerous developmental needs. A major component of India’s developmental plan is the upgradation of current rail networks as well as the development of new high speed rail corridors popularly known as bullet trains. The Mumbai – Ahmedabad High Speed Rail project, is a visionary project by the NDA Government which will herald a new era of safety, speed and service for the people, and help Indian Railways become an international leader in scale, speed and skill.
New technology has not always been adopted easily, and has at most times seen resistance. However, history shows us that new technology and advancements are highly beneficial for the country. For example, we see that naysayers had also criticised the start of the Rajdhani Trains in 1968. Even the chairman of the railway board opposed it; such things keep India backward. But today, they are the trains that everyone wishes to travel in.
Another example of when people thought India was not ready for new technology was when the mobile phone was introduced into the market. At the time it was considered to be elitist and expensive with a phone call costing Rs. 16 per min. But today India has the 2nd largest market for mobile phones in the world with almost every Indian owning a mobile.
Similarly, the Bullet Train project will also help Indian Railways revolutionise every passenger’s journey. Here’s how this project will help the nation and Railways grow in many ways:
A Low Cost Project
The bullet train project not only adds to the rail networks in terms of transport capabilities but also adds to the growth capabilities of the country. Here’s how:
The project is funded by a loan on terms which tantamount to a grant
The Ministry of Railways has been given Rs. 88,000 crores as a soft loan from the Japanese government which will help Railways to kick off the process.
The minuscule interest rate of 0.1% and the repayment time of 50 years is economically advantageous to our economy.
As the repayment of loan is to begin after 15 years of receiving the loan
It is not compromising on funds from safety since, this money for the bullet train is coming from Japan. I have already addressed the steps we are taking to improve safety in an earlier quora post.

Promoting Make In India Vision
As per the agreement, the project has ‘Make in India’ & ‘Transfer of technology’ objectives. This is how it will add fuel to the Government’s ‘Make In India’ mission:
The Make in India objective will ensure that most of the amount invested in this project would be spent and utilized within India
Working With A Cutting Edge Technology
Active interactions are already taking place between the industries of India and Japan. The country is getting a cutting-edge technology for the high-speed train project. Here’s how the 50 years old Shinkansen Technology by Japan will uplift the project:
The train delay record of Shinkansen is less than a minute with zero fatality
The project is set to provide reliable and comfortable service with high standards of safety
Technology regarding disaster predictions and preventions will also be acquired
New technologies in ballast-less tracks, under sea tunnels etc. will be developed, and we will work towards proliferating these across Railways

Therefore, with the presence and availability of this technology, India will leapfrog to the cutting edge of latest train developments with passengers able to reach their destination in 2 hours as against the current 7-8 hours by train.
Helping India’s Economic Growth
The Bullet Train project will also help the nation boost its economic growth by:
Manufacturing in India, will give a boost to job creation and exporting to the world
Total 12 stations, 4 stations in Maharashtra & 8 in Gujarat, will emerge as economic powerhouses powered by easy travel
Long run costs are also expected to fall through the advantages gained by economies of scale further developing our network
Creating More Jobs
Hon’ble PM Narendra Modi rightly stated that the prestigious bullet train will be a game-changer for the nation, besides being ‘a symbol of New India’ that his government seeks to build by 2022. Here’s how this project will be a major driver in job creations:
It will create employment opportunities both in the Short Run and Medium Run and generate employment for about 20,000 workers during the construction phase
High Speed Rail Training Institute being developed at Vadodara would train 4000 workers resulting in standards that are on par with Japan
300 young officials of Indian Railways are being trained in Japan to give them exposure in High Speed Track Technology
It will create a highly skilled and capable work force in the long run
The development of the New Shinkansen Technology by Japan will ensure more growth opportunities

Some other salient features of this project are as follow:
The art of cleaning trains in approx. 7 minutes will also help in Swachh Bharat Abhiyan
C02 per km travelled by the train is ~ ¼ th of an aeroplane and below ⅓ rd of a car will ensure environment efficiency

The bullet train project will not only add to the rail networks in terms of transport capabilities but will also add to the growth capabilities of the country.
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