Should India announce welfare schemes or go for bullet trains ?
India has got its first bullet train project on wheels , all praise to the prime minister and his rapport with the Japanese premier which clinched such a deal. Why is the Bullet train spending lakh of crores needed ? The high speed railway is the much needed boost to infrastructure projects and a image booster to the Indian railways to restore its status as a reliable and comfortable mode of public transportation. Why not invest in improving the existing rail network ? Is not the lakhs of crores invested in the previous decades proof to the fact that it doesn't improve anything ? Why should this project be undertaken at such a cost rather than welfare schemes ? Welfare schemes are a socialistic idealogue and we have also seen how many of these schemes simply divert the funds and in the end achieve nothing . World has seen government's investing in infrastructure and generating jobs as a by product doing better on long run ...