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| Bullet train part of modernising India | | | | India and Japan have achieved yet another goal as Japan has agreed to help India in realising its dream of building its first bullet train. Well more important than the bullet train business has been the signing of pacts in areas of defence and nuclear energy. Once Japan helped India in the growth of nuclear energy it would help India to expand rural and urban electrification programme. Once India became surplus in nuclear energy it could easily export power to other neighbouring countries hereby allowing it a chance to increase the country's revenue. In fact the two countries could sign a number of pacts on the basis of the robust understanding the two nations have developed since the time Narendra Modi was installed as Prime Minister of India. Taking their robust bilateral ties to a new level, India and Japan on Saturday inked a number of pacts in key areas of defence and nuclear energy as well as building of first bullet train network between Mumbai- Ahmedabad at a cost of about Rs 98,000 crore. The strategic pacts were inked after the summit between Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe during which they also discussed international and regional issues of mutual importance including UN security reforms. Praising Japan Modi said, "No friend will matter more in realising India's economic dreams than Japan" while describing Abe as "a personal friend and a great champion of India-Japan partnership". Referring to the pacts signed, Modi said, "No less historic is the decision to introduce High Speed Rail on Mumbai-Ahmedabad sector through Shinkansen known for speed, reliability, safety", noting that Abe's extraordinary package of approximately $12 billion and technical assistance, on very easy terms, for this project was greatly appreciatedApart from bullet trains, India needs high-speed growth, said Prime Minister Narendra Modi on Saturday while addressing business leaders of India and Japan with his Japanese counterpart Shinzo Abe. The visit of Abe, who arrived here on Friday on a three-day official sojourn, is expected to see progress towards India's first bullet train.Prime Minister Modi emphasised that he wanted India and Japan to move ahead together, not just in the sphere of high-speed trains, but also for "high-speed growth". He said recent economic indicators in both India and Japan were extremely encouraging, especially in the light of the global economic slowdown Critics of Modi, who have been berating Prime Minister for repeated trips to foreign lands, are likely to remain silent over the success Modi has achieved in making Japan a willing partner in boosting India's economic growth. Well ever since Modi has been appointed Prime Minister he has been instrumental in attracting a heavy foreign investment in India which is bound to help India in fulfilling its "Make in India" dream fructify. In fact what credit should be given to Modi for attracting both Government and private investment from foreign lands to India and this may help India in setting up major and mini Industrial units which could open new job avenues for the educated youth. And once the bullet train project, between Mumbai and Ahmedabad succeeded more routes will have high speed rail thereby allowing people in India to conserve time and help traders tomove goods from one place to the other in a short time.Bullet train is part of the programme of modernizing India. |
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