EXTRA 2ab? Modi’s Bullet Train: DOUBLE BILL, What went WRONG?
No Nonsense
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EXTRA 2ab? Modi’s Bullet Train: DOUBLE BILL, What went WRONG?
16 522 просмотра · 8 дней назад
No Nonsense
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16 522 просмотра · 8 дней назад
The Mumbai-Ahmedabad Bullet Train was originally estimated at around ₹1.1 lakh crore. The revised cost is now being reported at roughly ₹2.1 lakh crore. Nearly ₹1 lakh crore extra has been added to one of Narendra Modi government’s biggest infrastructure projects.
So what went wrong? Why has the Mumbai Ahmedabad High Speed Rail project become almost twice as expensive? How much did delays, land acquisition, Japanese train procurement, clearances and project execution contribute to the rising Bullet Train cost? And when additional funding ultimately comes through public resources, who answers for the bill?
In this episode of No Nonsense, Divyanshu Srivastava examines the latest Mumbai Ahmedabad Bullet Train cost, the ₹2.1 lakh crore revised estimate, the Bullet Train cost overrun, NHSRCL, Japanese technology, the 2030 completion timeline, Indian Railways and the much bigger question of accountability in India’s infrastructure spending.
The story becomes even more uncomfortable because Prime Minister Narendra Modi has also questioned the effectiveness of third-party quality audits in public projects and raised the possibility of a fourth-party audit. If an independent auditor itself needs another auditor, where does responsibility finally stop?
This is also part of a much bigger debate around infrastructure cost overruns in India, government audits, public money, project delays, tender transparency, corruption and accountability. India is spending record amounts on infrastructure. The bigger the investment, the stronger the audit and accountability should be.
And then there is Narendra Modi’s famous promise: “Na Khaunga, Na Khane Dunga.”
The real test of corruption-free governance is not only the personal image of the leader at the top. It is whether the system prevents weak audits, unexplained cost escalation, tender manipulation, poor project management and a situation where the taxpayer keeps paying more while responsibility keeps moving from one agency to another.
₹1 lakh crore extra is not a small revision. It deserves a clear answer.
Chapters
00:00 Bullet Train Bill Nearly Doubles
01:46 ₹1.1L Cr to ₹2.1L Cr: What Went Wrong?
04:26 Who Pays the Extra ₹1 Lakh Crore?
05:35 Modi’s Fourth-Party Audit Question
06:35 ₹3.4 Lakh Crore Infrastructure Cost Overruns
07:28 ‘Na Khaunga, Na Khane Dunga’ Test
08:44 Who Is Accountable for the Bullet Train?
11:33 Final Verdict: Modi’s Accountability Test
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