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 Herzegovina16,560
3. Zimbabwe16,289
4. Laos15,903
5. Botswana15,275
6. Senegal14,765
7.       Georgia14,333
8.       Gabon14,214
9.       Mali14,045
10.     Jamaica14,027
11.     South Sudan13,282
12.     Nicaragua13,231
13.     Mauritius12,164
14.     Burkina Faso12,115
15.     Albania11,927
16.     Brunei11,400
17.     Mongolia11,160
18.     Mozambique11,015
19.     Malta10,949
20.     Macedonia10,900
21.     Armenia10,547
22.     Namibia10,267
23.     Equatorial Guinea10,179
24.     Madagascar9,991
25.     Chad9,601
26.     The Bahamas9,047
27.     Benin8,583
28.     Rwanda8,376
29.     Haiti8,023
30.     Republic of the Congo7,834
31.     Niger7,509
32.     Tajikistan6,952
33.     Moldova6,750
34.     Kosovo6,650
35.     Kyrgyzstan6,551
36.     Guinea6,299
37.     Somalia6,217
38.     Bermuda5,574
39.     Liechtenstein5,488
40.     Malawi5.442
41.     Mauritania4,635
42.     Fiji4,632
43.     Barbados4,588
44.     Togo4,400
45.     Montenegro4,173
46.     Swaziland3,727
47.     Sierra Leone3,669
48.     Suriname3,621
49.     Maldives3,591
50.     Guyana3,446
51.     Andorra3,249
52.     Burundi3,007
53.     Faroe Islands2,613
54.     Greenland2,441
55.     Bhutan2,237
56.     Lesotho2,200
57.     Liberia2,101
58.     Belize1,765
59.     Central African Republic1,756
60.     Cape Verde1,617
61.     Djibouti1,589
62.     Antigua and Barbuda1,449
63.     Seychelles1,427
64.     Timor-Leste1,417
65.     Saint Lucia1,379
66.     Solomon Islands1,202
67.     Guinea-Bissau1,126
68.     Grenada1,016
69.     The Gambia965
70.     Saint Kitts and Nevis917
71.     Samoa786
72.     Vanuatu774
73.     Saint Vincent and the Grenadines771
74.     Comoros617
75.     Dominica525
76.     Tonga395
77.     São Tomé and Príncipe351
78.     Federated States of Micronesia322
79.     Palau293
80.     Marshall Islands183
81.     Kiribati166
82.    Nauru102
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.