Friday, September 15, 2017

Bullet train

Bullet train is going to cost 1.1 lac crore

This amount will be paid in 50 years

This means 2200 crores need to be paid each year, assuming Uncle Abe doesn't charge interest

So bullet train should earn 6 crore, assuming tooth fairy pays for running it

A quick flight search shows - It costs 1500 on weekdays and 2000-2500 on weekends to book flight from Mumbai to Ahmedabad. It takes 1hr 10 minutes for flight.

So bullet train ticket should be same as flight if not less.

Assuming 2200 Rs ticket price

There are 175 flights every week from Mumbai to Ahmedabad (source: cleartrip). A typical plane carries around 500 passengers or less

So at max 87500 people travel every week to ahmedabad. Same should return. So total traffic is 1,75,000 passengers

If all flight passengers shift to bullet train And Bullet train can carry all of them. Bullet train can earn 38.5 crore every week.

Bullet train should earn 6 crore per day or 42 crore par week.

So assuming the best case scenario - No maintenance, fuel cost. Zero interest. All flight users shift to bullet train.

You as tax payer will be paying 2.5 crore per week to keep Bullet train running. Excited?


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