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Observer 2018-10-17 10:40:51
[Observer Network Comprehensive Report] According to a report by Bloomberg News on October 17, the Indian high-speed railway plan is in trouble due to land acquisition difficulties. After one year of project start-up, the 1400 hectares of land required for railways only received 0.9 hectares, resulting in the The goal of completing the line in 2023 may not be completed.
Propaganda models and models of Indian high-speed trains exhibited in Mumbai (Source: Hindustan Times)
The Mumbai and Ahmedabad high-speed rail project is the first high-speed railway in India with a total length of 505 kilometers and is scheduled to start in January 2019. The Indian Railways Corporation and its partner Japan Shinkansen Technology Co., Ltd. jointly built. The plan costs $15 billion (about 103.8 billion yuan). Japan provides a total of 190 billion yen (about RMB 11.3 billion) in loans with an annual interest rate as low as 0.1% and a repayment period of 50 years.
According to the report, due to farmers' dissatisfaction with the compensation measures for land acquisition, railway construction is difficult. A group of farmers are petitioning the Gujarat High Court for a moratorium on land acquisition and questioning the government’s right to purchase land for public-private partnerships. India's high-speed rail line runs 349 kilometers through Gujarat, and local farmers who planted raspberry fruit and mangoes continue to protest land acquisitions with the support of local politicians.
According to the observer network, local residents said that the Indian government had promised to protect their employment and night infrastructure in the previous projects, but ultimately did not comply with any commitments. Therefore, it is difficult to trust the government's high-speed rail construction to bring them benefits.
A farmer in the area and his field (Source: Kyodo)
Due to the slow progress of land acquisition, the Japanese side has stopped issuing the second phase of loans. It is also estimated that the plan to start construction in January 2019 is difficult to achieve. The Indian side even asked the railway to be completed in 2022, but now it is difficult to achieve even the original plan of 2023.
Bloomberg quoted Bendra Jia, a professor of economics at the Australian National University, as saying, “In India, land acquisition is a common problem, causing many projects to be postponed.”
Since it is a "universal problem," then the affected nature is not just a high-speed rail. The report quoted data from the Indian Economic Monitoring Center as saying that by September 2018, India had completed projects worth 754 billion rupees (about 70.9 billion yuan) on infrastructure projects such as railways, ports and airports, less than 20,000 planned. Half of the rupee (about 188.2 billion yuan).
However, due to the high visibility and influence of the Indian high-speed rail project, its delay will undoubtedly have greater political impact than other projects. Political analyst and Indian Prime Minister Modi’s biographer Nilanyan Mukhopdiaiyah said that if the high-speed rail project has a setback, it will undoubtedly greatly affect Modi’s “all-powerful” image.
In addition, for the project partners: JR East Japan, Hitachi and Kawasaki Heavy Industries, they have always regarded the Indian high-speed rail project as a major victory for China's high-speed rail competition, and the delays in the construction period now also make them Victory cast a shadow.
This article is an exclusive manuscript of the Observer Network and may not be reproduced without authorization.
[Observer Network Comprehensive Report] According to a report by Bloomberg News on October 17, the Indian high-speed railway plan is in trouble due to land acquisition difficulties. After one year of project start-up, the 1400 hectares of land required for railways only received 0.9 hectares, resulting in the The goal of completing the line in 2023 may not be completed.
Propaganda models and models of Indian high-speed trains exhibited in Mumbai (Source: Hindustan Times)
The Mumbai and Ahmedabad high-speed rail project is the first high-speed railway in India with a total length of 505 kilometers and is scheduled to start in January 2019. The Indian Railways Corporation and its partner Japan Shinkansen Technology Co., Ltd. jointly built. The plan costs $15 billion (about 103.8 billion yuan). Japan provides a total of 190 billion yen (about RMB 11.3 billion) in loans with an annual interest rate as low as 0.1% and a repayment period of 50 years.
According to the report, due to farmers' dissatisfaction with the compensation measures for land acquisition, railway construction is difficult. A group of farmers are petitioning the Gujarat High Court for a moratorium on land acquisition and questioning the government’s right to purchase land for public-private partnerships. India's high-speed rail line runs 349 kilometers through Gujarat, and local farmers who planted raspberry fruit and mangoes continue to protest land acquisitions with the support of local politicians.
According to the observer network, local residents said that the Indian government had promised to protect their employment and night infrastructure in the previous projects, but ultimately did not comply with any commitments. Therefore, it is difficult to trust the government's high-speed rail construction to bring them benefits.
A farmer in the area and his field (Source: Kyodo)
Due to the slow progress of land acquisition, the Japanese side has stopped issuing the second phase of loans. It is also estimated that the plan to start construction in January 2019 is difficult to achieve. The Indian side even asked the railway to be completed in 2022, but now it is difficult to achieve even the original plan of 2023.
Bloomberg quoted Bendra Jia, a professor of economics at the Australian National University, as saying, “In India, land acquisition is a common problem, causing many projects to be postponed.”
Since it is a "universal problem," then the affected nature is not just a high-speed rail. The report quoted data from the Indian Economic Monitoring Center as saying that by September 2018, India had completed projects worth 754 billion rupees (about 70.9 billion yuan) on infrastructure projects such as railways, ports and airports, less than 20,000 planned. Half of the rupee (about 188.2 billion yuan).
However, due to the high visibility and influence of the Indian high-speed rail project, its delay will undoubtedly have greater political impact than other projects. Political analyst and Indian Prime Minister Modi’s biographer Nilanyan Mukhopdiaiyah said that if the high-speed rail project has a setback, it will undoubtedly greatly affect Modi’s “all-powerful” image.
In addition, for the project partners: JR East Japan, Hitachi and Kawasaki Heavy Industries, they have always regarded the Indian high-speed rail project as a major victory for China's high-speed rail competition, and the delays in the construction period now also make them Victory cast a shadow.
This article is an exclusive manuscript of the Observer Network and may not be reproduced without authorization.