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Bullet Train: Do we need it? -TR Raghunandan

-Deccan Herald As a railway buff, I love the technology story of the bullet train. However, it is not appropriate for India, in the current configuration as negotiated by Prime Minister Narendra and his Japanese counterpart Shinzo Abe for the Mumbai-Ahmedabad high-speed rail line, for which they laid the foundation stone on September 14. The Shinkansen bullet trains were introduced in Japan in 1964 and traversed the 500-plus kilometre distance between Tokyo...

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What can be done to revive India's sluggish economic growth? Here's what five economists prescribe -Mayank Jain

-Scroll.in Hike government spending, pour money into rural areas, cut Interest rates, refrain from disruptive moves like demonetisation. India’s economic growth is slowing but can the government bring it back on track? This is what Finance Minister Arun Jaitley reportedly discussed with ministers and officials Tuesday evening. While a concrete plan to address the problem is apparently being developed with Prime Minister Narendra Modi’s blessing, a section of the industry and...

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The return of India's super rich -Rishabh Kumar

-Livemint.com The trajectory of wealth concentration in the country, not just the levels of recently estimated inequality, is important A flurry of estimates regarding Indian inequality have captured public Interest recently. Whether one believes the wealth inequality numbers presented by Credit Suisse or the distributional income accounts by Lucas Chancel and Thomas Piketty, evidence seems to state that India has high economic disparities. But inequality is to be expected in a developing...

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Rohingya issue govt's domain, not court's: Centre to SC -Dhananjay Mahapatra

-The Times of India NEW DELHI: The Narendra Modi government told the Supreme Court on Monday that the right to move and settle anywhere in India was guaranteed by the Constitution to Indian citizens, and the right was not available to illegal migrants like the Rohingya. "Illegal influx of Rohingya, in significant numbers, started into India (sic) since 2012-13, and the central government has contemporaneous inputs from security agencies and other authentic...

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Do the maths: India's first bullet train isn't 'free of cost' as Modi claims -MK Venu

-TheWire.in/ Business Standard Over 50 years, the loan repayment value will be much higher based on the inflation differential Prime Minister Narendra Modi has claimed the bullet train offered to India by Japan is virtually free of cost. A 50-year yen loan amounting to Rs 88,000 crore at 0.1 % Interest is being described by the prime minister as free of cost. This is patently absurd. India can have as many bullet trains...

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