In India, last week's bullet train project was inaugurated. There is a lot of debate in India regarding the relevance of this bullet train project.
Will bullet train be successful in India?
Previously the Japanese bullet train failed in Taiwan. The question arises that, when India has finalized the agreement from Japan, would the failure of Taiwan be in its mind?
Taiwan started working on the bullet train project in the 90's. For the first time on January 5, 2007, the bullet train ran.
However, after seven years, the company which landed this project on the verge of being bankrupt.
The Nikkei Asian Review published a report on November 5, 2015 about the failure of the bullet train in Taiwan.
In Asian countries, there is a situation of competition in China and Japan to achieve the contract of bullet train project. Even in India, when talk of a bullet train, China had also shown interest with Japan.
Nikkei has written in its report, "Taiwan started the high speed rail base of Japanese bullet train system. The sad thing is that it had to take heavy deficit. The Taiwanese high speed rail operator has recently decided to take a bailout package from the government there so that it can be withdrawn from the crisis.
When the bullet train started in Taiwan in 2007, the town Taipei was connected to the southern city of Chaosiung in the north. It was less than a half hour's journey.
A group of seven Japanese companies helped in bringing the bullet train to Taiwan. In this trading house Mitsui and Co., Mitsubishi Heavy Industries both worked together.
In Taiwan, when the train arrived, there was a lot of pride in it, but in a few years it was caught in a financial crisis. The cost of the bullet train was $ 14.6 billion in Taiwan.
Supervisors believe that the company has been in vain since the beginning. On the other hand, a representative from the Japanese company said from the Nikkei Asian Review that the advantage of this project was not easy soon.
After all, what was the reason for the failure of the bullet train in Taiwan? The number of passenger traveling through this bullet train is quite small. This was the biggest impact on the company's balance sheet.
According to the results of the Consultancy Survey and other data, the company was expected to receive two lakh 40 thousand passenger in a day in 2008. In 2014, there were only one lakh thirty thousand passenger each day, which is considerably less than the estimate.
The company had to pay heavy interest in the bullet train instead of the cost, which could not be balanced with profit.
Japan is helping about 80 percent of the bullet train project in India. India has to pay 0.1 percent interest on this amount. However, India and Taiwan can not compare the project.
Ahmedabad and Mumbai's root is the full of industry and commercial areas. The interest has pay to Japan after 15 years and the rate is very low.
Prime Minister Narendra Modi of India dedicated Sardar Sarovar Dam to the country, but the plan has not yet been fulfilled.
The infrastructure of the canal is barely 30 percent of the command area and the reservoir is also not filled.
The amount so far has been spent in this project, the more likely it is to look.
The problem is that we do not know the total cost of this project. Broadly, we can say that this project has only suffered much, whereas the benefits are very low.
This scheme was made for Kutch, Saurashtra and North Gujarat. These are drought-hit areas of Gujarat. The plan was made as the only option to provide water, but till date the water has not reached in these areas.
Most of the water is going to districts such as Ahmedabad, Baroda, Kheda, Broach in Central Gujarat. The Sabarmati River which is flowing in Ahmedabad also has water of Narmada.
So, the benefits of this plan are not seen as the areas where the water was needed. The water not reached there and there was already sufficient water in the place where it was reached.
Due to this plan, at least 50 thousand families have been displaced. Narmada river has ended. The celebration that Prime Minister Modi celebrated today was a way to celebrate the death of the river Narmada.
Because the river which was below 150 km under the dam, the flow has ceased. At the same time, the 200-km-long reservoir area built on the dam, the river is not flowing even there.
The ten thousand families living in the lower reaches were dependent on fish farming. Their livelihood is completely over.
The question arises, with which purpose the plan was started? How much will be benefit really? Was this plan the best option for achieving these objectives?
When we look for answers to these three questions, we find that this plan was not the best option for Gujarat, the drought-hit areas and India.
A few days ago, Japan, which started the bullet train with Modi, was the first to draw its hand with this plan. When they came to know that the displacement of several thousand people due to the plan, they retreated.
In 1992, the World Bank had set up its independent inquiry and found that the project would suffer a lot, hence the World Bank had refused to pay the money.
In the year 1993-94, when the Indian government had set up an independent inquiry, the plan was also stated to be unsuccessful.
In India, the government only works to put a stamp in front of the politician. The misfortune of the country is that the bureaucrats here can not take independent decisions.
Five major disadvantages of Sardar Sarovar dam:
- Kutch, Saurashtra, North Gujarat will not benefit
- Narmada river is over
- At least 50 thousand families displaced, the livelihood of 10 thousand fishermen families was over
- 50 thousand crores have been spent in this plan and this will cost more
- This scheme is the failure of the administration, the people who have not been rehabilitated, their trust in judiciary has been reduced.
The inflation based on wholesale price index (WPI) of India has almost doubled to 3.24 percent in August.
According to the figures released by the Ministry of Commerce and Industry, wholesale inflation was 1.88 per cent in July, compared to 1.09 per cent in August 2016.
According to the ministry, "The wholesale inflation rate for August 2017 is 3.24 percent, while in July it was 1.88 percent and in August 2016 it was 1.09 percent. Inflation in this financial year has been 1.41 percent, compared to 3.25 percent in the same period last year.''
Food inflation has increased to 5.75 per cent, while in July 2017 it was 2.15 per cent.
Onion prices increased by 88.46 per cent on annual basis, while potato prices were negative at 43.82 per cent.
In August, the prices of vegetables increased by 44.91 per cent, while in August 2016 it was negative 7.75 per cent.
Wheat became cheaper on an annual basis. Its rate is negative at 1.44 percent, while protein-based food products have become expensive, eggs, meat and fish. It has increased to 3.93 per cent.
The price of fuel and electricity has also increased to 9.99.
Recently the data came that retail inflation has risen to a five-month high of 3.36 per cent in August.
The retail inflation rate for the previous month is the highest after March 2017. At that time it was 3.89 percent.
According to the data released by the Central Statistics Office in India, the inflation rate for fruits and vegetables consumed daily during the month increased to 5.29 percent and 6.16 percent respectively. It was 2.83 percent in July and 3.57 percent below zero.
Similarly, inflation in food, refreshments and sweets increased to 1.96 per cent in August, which was 0.43 per cent in July.
In the transportation and communication sectors, inflation has also increased to 3.71 percent, which was 1.76 percent in July.
However, some of the thick grains, meat, fish, oil and fat prices have been claimed to be lower.
For the last few days in India, the Narendra Modi government is surrounded by criticisms of petrol and diesel prices. The current policy of daily review of petrol-diesel prices are also in the midst of criticisms.
In India, Union Petroleum Minister Dharmendra Pradhan in reply to a question asked by the media on Wednesday (September 13th) said that the policy of daily review will continue.
In the past one month, the price of petrol has increased by more than seven rupees. The Modi government has implemented the daily review policy of petrol prices from June 16. Before that, fortnightly prices of petrol prices were peaked. Let's understand why there is a dispute about petrol prices?
On Thursday (September 14th), petrol in Delhi costs Rs 70.39 per litre, Kolkata Rs 73.13 per litre, Mumbai Rs 79.5, and Chennai 72.97 litres.
This price of petrol is the highest since August 2014.
Petrol in India is also expensive when the cost of crude oil in the international market has decreased considerably in the last few years. But Indian customers are not getting the benefit of reducing the cost of crude oil in the international market.
The Narendra Modi government says that India needs money for infrastructure development, so he is taking advantage of the reduction of crude oil prices in the international market. The Modi government has imposed an additional tax on oil, due to which the price is not being reduced in India despite the price decreasing in the international market.
When the price of petrol was more than Rs 70 per litre in August 2014, the crude oil price in the international market was $ 103.86 (about Rs. 6300) per barrel. On Thursday, the price of crude oil in the international market is $ 54.16 (Rs. 3470) per barrel. That is, nearly halfway in comparison to three years ago.
According to the Catch News report, Indian Oil Companies (Indian Oil, Hindustan Petroleum, Bharat Petroleum) had a litre crude oil (till September last year) of Rs 21.50. In September 2016, the price of international crude oil was about $ 54 a barrel.
According to the report, about 9.34 rupees are spent on one litre of crude oil by adding expenditure and tax etc. to make useable. That is, after one litre of crude oil, the company has about Rs 31. That is, the general public is paying less than 40 rupees on every litre petrol.
Due to the tax imposed by the state governments at the expense of petrol, their rates are much higher in every state. The Central Government has not brought petrol-diesel under the Goods and Services Tax (GST).
Why is petrol of 31 rupees being sold to the public at around Rs 70 to Rs 79 per litre? The answer is simple- due to the taxes imposed by the Modi Government.
Since the year 2014, the Modi government has increased the excise duty of petrol by 126 percent and diesel by 374 percent.
India's Finance Minister Arun Jaitley and the Petroleum Minister Dharmendra Pradhan's statements indicate that the Modi Government is not going to change its current policy at the moment. It is possible to consider this before 2019 Lok Sabha elections.
In India, the Narendra Modi government informed the Lok Sabha on Tuesday (July 25th) that in the last three years there has been an increase of 41% in incidents that promote communal, ethnic and racial violence.
According to the report of National Crime Record Bureau (NCRB), presented by the Home Minister of India, Ganga Ram Ahirwar in the House, 336 incidents of violence took place in various communities related to religion, race or birthplace in the year 2014. In 2016, the number of such incidents increased to 475.
Ahirwar was answering a question related to the violence being done by the cow guards and preventing them from the government.
Ahirwar said in the House that the government does not have the figure of violence related to the cow guards, but there is a figure of violent incidents of raising communal, ethnic or racial racialism.
According to the figures given by Ahirwar, such incidents in the states increased by 49 percent. In the year 2014, there were 318 such incidents in the states which increased to 474 in 2016. At the same time in all the Union Territories including Delhi, there was a huge reduction in such incidents. There were 18 such incidents of violence in the capital and union territories in 2014, but only one incident occurred in the year 2016.
Increasingly, violent incidents that promote communal, ethnic and racial discrimination in Uttar Pradesh have increased. Such incidents in Uttar Pradesh increased by 346 percent in three years. There were 26 such incidents in Uttar Pradesh in 2014, and 116 such incidents were taken in 2016. There were only four such incidents in Uttarakhand in 2014, but in the year 2016 there were 22 such incidents. That is, such incidents in Uttrakhand increased by 450 percent.
In West Bengal, 20 such incidents of violence were registered in 2014, while in the year 2016, there were 53 such incidents registered with 165 percent increase. Five in 2014 in Madhya Pradesh while in 2016, 26 such incidents took place.Three in 2014 in Haryana and in 2016 there were 16 such incidents.There was no such incident in Bihar in 2014, but there were eight such incidents in 2016.
Ahirwar told in Parliament that the central government is not considering any new stringent law against mobs lining.
In an express train of Indian Railways in Uttar Pradesh, a lizard was found inside the food from the canteen. This case is from Chandoli in Uttar Pradesh, India.
The young man who had a lizard in the food was traveling in the Porva Express. The person also tweeted the India's Railway Minister Suresh Prabhu about this. Before this, in its report, the CAG has clarified that 'the food is not suitable for human' and that the food found there is not suitable for food. It was said that the food is made from dirty water. Now people have critised the railway minister on social media. People are seeking answers.
In the Parliament on July 21, the Comptroller and Auditor General (CAG) presented a startling report about the food served by the Railways. The CAG had disclosed in its report that the food of the railway is not suitable for humans to eat. It was said in the report that contaminated food items, recycled food and bins and bottled goods are also used after expiry date. In the inspection of 74 stations and 80 trains, the CAG found that while preparing the food, cleanliness is not given any attention. The CAG has also disclosed how cleanliness is not paid attention to the cooking of food. The impure water is used directly from the tap to prepare food or drinks.
During the inspection the lids of the dustbin were found missing and it was also found that their washing work was not done regularly. No cover is used to protect food from flies-insects. At the same time, there were cockroaches and mice in some trains. CAG has found in audit that due to frequent changes in the food policy of the Railways, passengers have very much problems.
Apart from this, the CAG had also presented a report about delayed superfast trains in its report. CAG has reported in the report that in the name of superfast surcharge, the railway receives crores of rupees from the customer, but some superfast train operations late more than 95% during the time. North Central Railway (NCR) and South Central Railway (SCR) recovered 11.17 crore rupees from the passengers in the name of Superfast surcharge, but these superfast trains late more than 95%.
Six private telecom companies, including Airtel, Vodafone, Idea, Reliance and Aircel, have reduced their revenue by Rs 61,064.5 crore between 2010-11 and 2014-15. This resulted in less payment of Rs 7,697.6 crore to the government. That is, due to these companies, the government of India has lost revenue of about 7 thousand 697 crore.
In the Parliament of the Comptroller and Auditor General (CAG) today, it has been revealed in the latest report submitted on 21st July. It has been stated in the report that six operators showed the total Adjusted Gross Revenue (AGR) of 61,064.5 crore rupees.
CAG audited accounts for five operators Bharti Airtel, Vodafone India, Idea Cellular, Reliance Communications and Aircel from 2010-11 to 2014-15. While the time limit for Sistema Shyam from 2006-07 to 2014-15. CAG said that due to the reduction in revenue, the government suffered a loss of Rs 7,697.62 crore. Interest on this low payment till March 2016 is Rs 4,531.62 crore.
According to the CAG, during 2010-11 and 2014-15 on Airtel, the outstanding amount of government's license fee and spectrum usage fee (SUC) of Rs 2,602.24 crore and interest of Rs 1,245.91 crore is made on it. Total outstanding Rs 3,331.79 crore is made on Vodafone, of which Rs 1,788.44 crore is of interest. Similarly, the total outstanding of Idea is Rs 1,136.29 crore. Interest in it is Rs 657.88 crore. Anil Ambani-led Reliance Communications has an outstanding of Rs 1,911.17 crore. Interest in it is Rs 839.09 crore. Outstanding of Aircel is Rs 1,226.65 crore and Sistema Shyam is 116.71 crore rupees.
Under the new telecom policy, licensees have to pay a fixed share of their Adjusted Gross Revenue (AGR) in the form of annual license fee to the government. In addition, mobile operators have to pay Spectrum Usage Fee (SUC).
This report of the CAG has come at a time when big telecom companies are facing challenges on many fronts. After the arrival of Reliance Jio, there is tremendous pressure on the earnings and profits of the operators established. Different financial institutions and banks have outstanding over Rs 6.10 lakh crore on the telecommunications industry.
Explain that these telecom companies in the private sector provide mobile services to consumers in different parts of India. But these companies are bound to obey the government's telecom policy and the laws of the Central Government. Earlier, private telecom companies were also accused of joining irregularities.
The Comptroller and Auditor General (CAG) presented the report in Parliament about the food served by Indian Railways. The senses will fly away knowing about it. The CAG has disclosed in its report that the Indian Railways' food is not suitable for humans.
The CAG presented this report in Parliament on Friday (July 21). The report says that Contaminated food items, recycled food and canned and bottled goods are used even after expiry date.
The CAG has also disclosed how cleanliness is not paid attention to the cooking of food.
In the inspection of 74 stations and 80 trains, the CAG found that cleanliness is not paid attention while preparing food. The impure water is used directly from the tap to prepare food or drinks. During the inspection the lids of the dustbin were found missing and it was also found that their washing work was not done regularly. No cover is used to protect food from flies-insects. At the same time, there were cockroaches and mice in some trains.
CAG has found in the audit that due to frequent changes in the food policy of the Railways, passengers have very much problems.
Apart from this, the disclosure of violation of several rules has also been done through this report. Customer is not billed after taking food or other items. Food is also served in less than the fixed quantity.
In addition, the report also states that approved items like drinking water are also sold in trains. At the same time, a lot of goods were sold at higher prices than the market price.
Indian Prime Minister Narendra Modi inaugurated the Kochi Metro on Saturday (June 17th). On this occasion, CM Pinarai Vijayan of Kerala, Union Minister Venkaiah Naidu and Metroman E Sreedharan were present.
After the inauguration, PM Modi also rode the Kochi Metro. At the same time, on the occasion of this inauguration, the Congress has once again targeted BJP.
Actually this is a serious issue about a viral picture on Twitter. In one photo it was claimed that after the hard efforts of Narendra Modi, Kochi Metro was completed. On the BJP's claim, the Congress, targeting the BJP, said it lies.
Congress Rachit Seth said through Twitter, "So this is the lie of BJP today. Kerala BJP is saying Kochi Metro is being built, but the truth is that the work of the Metro started during the tenure of the Manmohan Singh government #LiarBJP''
According to PTI, the cabinet approval for the Kochi metro was received in July 2012.
Rachit tweeted a picture of former Prime Minister Manmohan Singh, in which he is seen laying the foundation of Kochi Metro. The picture is being told of September 2012.
At the same time, Congress party also targeted PM Modi from their official Twitter account. In their tweet, the Congress wrote, "Shri Modi is compelled by his old habits while trying to take credit for the works of the Manmohan Singh government."
Congress tweets photos of projects with this tweet, whose work began in the tenure of the Manmohan Singh government.
At the same time, after targeting the BJP of Congress, many Twitter users also attacked on the BJP for wrong claims. People trolled to make false claims to BJP.
In India, the Narendra Modi government of the Center will end the jobs of about 11,000 people from all zones of the railway. It is seen as a cut in spending.
The Railway Board has issued a letter to eliminate all the 10 thousand 900 posts from all the 17 Railway Boards while accelerating the exercise of deduction of expenditure. It has been written in the letter written to Railway Board's decision and all the General Managers that the decision to cut annual posts for the year 2017-18 should be implemented.
At present, the number of employees employed in Indian Railways is close to 15 lakh.
Let us state that during the campaigning of the 2014 Lok Sabha elections, the Prime Ministerial candidate and the current Prime Minister Narendra Modi had announced to give 10 million jobs every year, but it is not visible even after three years. The opposite government is ending the job of employees.
According to the letter, on May 25, the Central Railway Board's director (E & R) Amit Saran sent the order letter to all the zonal headquarters. This has stirred the staff in the railways.
Although the railway administration is telling it the normal process. According to officials, the railway terminates one percent post every year. However, the officials are giving clearance on the existing order that after review, it will be decided which non-usable posts will be terminated. The official also claims that the termination of such posts will not affect the functioning of the Railways.
Director of the Railway Board (E & R) Amit Saran has sent the order letter to all the zonal headquarters.
According to the letter, the South-East-Central Railway Zone has been asked to terminate 400 posts, while Central and Eastern Railway will be ended 1-1 thousand posts, East Coast Railway 700, Northern Railway to 1500, North Central Railway 150, 700 to North Eastern Railway, 300 to North Western Railway, 300 to East Central Railway, North East Frontier Railway to finish 550 posts. Similarly, the Southern Railway has been asked to eliminate 1500, South Central Railway 800, South East Central and South Eastern Railway 400-400, South Western Railway 200, Western Railway 700 and West Central Railway to finish 300 posts.
Ministry of Railways is working on the scheme of handing over 23 stations across the country to private companies. Modi government is going to give these to private companies under Public Private Partnership (PPP). For this, online auction will be organized on 28th June. The auction includes Kanpur Junction and Allahabad Junction of Uttar Pradesh, while Rajasthan's Udaipur Railway Station is also included. For the auction, the initial price of Kanpur junction is Rs 200 crore and Rs 150 crore for the Allahabad junction. The outcome of the auction will be announced on June 30. According to sources, the central government has decided to hand over 23 railway stations in the private hands.










