Mumbai, September 14: The high-speed bullet train project between Ahmedabad and Mumbai is expected to cost Rs 1, 10,000 crore (about $17 billion), which is higher than the Gross Domestic Product (GDP) of about 83 countries across the world. Japan will fund  Rs 88,000 crore for the high-speed bullet train project, which is 81 per cent of the total budgeted amount with will have 0.1 per cent interest and will be required to be repaid over 50 years with a moratorium of 15 years. With this, India will get its first bullet train by 15 August 2022- when India completes 75 years of Independence.

As per GDP data of FY2016, eighty-three countries have GDPs less than the total cost of the Ahmedabad-Mumbai bullet train projectThe GDP of Papua New Guinea was $16,929 million while the GDP of famous holiday destination- Mauritius was $12,164 million. The GDP of Seychelles, which is another popular holiday getaway, was $1,427 million as compared to the cost of the bullet train project. Moreover, the cost of making the bullet train in India i.e. (Rs 1, 10,000 crore) is also three times the size of India’s health budget.

Here are countries that have GDPs less than the cost of Ahmedabad-Mumbai Bullet Train Project:

                         Countries GDP in million dollars (as of 2016)
1.  Papua New Guinea  16,929
2.  Bosnia and Herzegovina 16,560
3.  Zimbabwe 16,289
4.  Laos 15,903
5.  Botswana 15,275
6.  Senegal 14,765
7.        Georgia 14,333
8.        Gabon 14,214
9.        Mali 14,045
10.      Jamaica 14,027
11.      South Sudan 13,282
12.      Nicaragua 13,231
13.      Mauritius 12,164
14.      Burkina Faso 12,115
15.      Albania 11,927
16.      Brunei 11,400
17.      Mongolia 11,160
18.      Mozambique 11,015
19.      Malta 10,949
20.      Macedonia 10,900
21.      Armenia 10,547
22.      Namibia 10,267
23.      Equatorial Guinea 10,179
24.      Madagascar 9,991
25.      Chad 9,601
26.      The Bahamas 9,047
27.      Benin 8,583
28.      Rwanda 8,376
29.      Haiti 8,023
30.      Republic of the Congo 7,834
31.      Niger 7,509
32.      Tajikistan 6,952
33.      Moldova 6,750
34.      Kosovo 6,650
35.      Kyrgyzstan 6,551
36.      Guinea 6,299
37.      Somalia 6,217
38.      Bermuda 5,574
39.      Liechtenstein 5,488
40.      Malawi 5.442
41.      Mauritania 4,635
42.      Fiji 4,632
43.      Barbados 4,588
44.      Togo 4,400
45.      Montenegro 4,173
46.      Swaziland 3,727
47.      Sierra Leone 3,669
48.      Suriname 3,621
49.      Maldives 3,591
50.      Guyana 3,446
51.      Andorra 3,249
52.      Burundi 3,007
53.      Faroe Islands 2,613
54.      Greenland 2,441
55.      Bhutan 2,237
56.      Lesotho 2,200
57.      Liberia 2,101
58.      Belize 1,765
59.      Central African Republic 1,756
60.      Cape Verde 1,617
61.      Djibouti 1,589
62.      Antigua and Barbuda 1,449
63.      Seychelles 1,427
64.      Timor-Leste 1,417
65.      Saint Lucia 1,379
66.      Solomon Islands 1,202
67.      Guinea-Bissau 1,126
68.      Grenada 1,016
69.      The Gambia 965
70.      Saint Kitts and Nevis 917
71.      Samoa 786
72.      Vanuatu 774
73.      Saint Vincent and the Grenadines 771
74.      Comoros 617
75.      Dominica 525
76.      Tonga 395
77.      São Tomé and Príncipe 351
78.      Federated States of Micronesia 322
79.      Palau 293
80.      Marshall Islands 183
81.      Kiribati 166
82.     Nauru 102
83.     Tuvalu  34

On Thursday, Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe laid the foundation stone of India’s revolutionary rail project at Athletic Stadium near the Sabarmati railway station in Ahmedabad. The bullet train is expected to be commissioned by 2022, accommodating 750 people.

Bullet Train

The bullet train is expected to reduce the travel time between the two cities from seven to roughly three hours. A 21-km-long tunnel will be dug between Boisar and BKC in Mumbai, seven km of which will be under the sea. The Ahmedabad-Mumbai Bullet Train will have a total of 12 stations that include Mumbai, Thane, Virar, Boisar, Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand, Ahmedabad, and Sabarmati.

The distance of 508 km will be covered in two hours and seven minutes by the bullet train if it stops at four stations namely Ahmedabad, Vadodara, Surat, and Mumbai. Of the 508-km stretch, 92 per cent of the route will be elevated; six per cent in a tunnel and the rest two per cent will be on the ground. This means the 508 km stretch will have 468 km of elevated track, 27 km inside a tunnel and the remaining 13 km on the ground.