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#161 | |
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Belgaum Admirer
Join Date: Oct 2008
Location: Belgaum
Posts: 27,340
Likes (Received): 756
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Quote:
Live let live,Mr dis.agree or watever ur name is.We don't want cribbers like you here.
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LOVE INDIA SERVE INDIA TIER TWO CITIES RAKSHAK
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#162 | |
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Registered User
Join Date: Jun 2008
Posts: 526
Likes (Received): 0
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#163 |
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Registered User
Join Date: Dec 2009
Location: Chennai
Posts: 74
Likes (Received): 0
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Scam
Sorry guys i have to say this, I couldn't control after reading some parts of the thread.
![]() I support every city in India and want to give unbiased opinion. This whole project looks like a scam. Similar to reddy brothers(tourisim minster) scam in mining. Unfortunately this reddy something is a tourism minsiter and controls the state government. This project looks very fishy. One more question. Why aren't Delhi and Mumbai with very large airports and passenger handling not having High speed Rail.??? Data has shown that very large cities only have high speed rails. I won't post again on this thread
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RTI is a great tool to fight corruption, use it. |
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#164 |
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Registered User
Join Date: Jul 2009
Posts: 1,215
Likes (Received): 1
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#165 |
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Registered User
Join Date: Apr 2009
Posts: 158
Likes (Received): 0
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Guys, both those for the project and those against the project, as educated, well traveled and intelligent citizens, you will be doing a great favor to Bangalore, Karnataka and India by demanding the following at the very minimum:
a) Complete transparency on bidding terms, concessions granted, especially RE concessions without having to chase up for months using RTI/PIL route that too after damage is done. b) Publish all financial info as early as possible. Publish all expectations in terms of features, facilities in advance so that all bidders and public know about it. c) Proper valuation of land handed over to project if any, and include that in financials. d) NO change of terms favoring bidder after winner announced, unless other bidders are also given chance to re-submit their bids after working in the change e) Choose promoters with track record and experience, not shady parties with Rs.2 share capital, newly promoted entities vague names and unknown origins and benami shareholders. f) Hold public hearings often where all affected/interested can participate and record the proceedings. Not that any one of us demanding will make any difference, but small drops lead to flood. It is good to be passionate about good things happening to the city - but let us not get taken for grand ride by crooks misusing that passion. Last edited by chenmani; February 8th, 2010 at 04:22 AM. |
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#166 |
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Registered User
Join Date: Apr 2009
Posts: 158
Likes (Received): 0
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Comparison with HKG
Yajaman, re your comparison with HKG there are some key similarities and differences:
HKG has well defined CBD/commercial area which is primarily the norther strip of the HK island and southern part of Kowloon both of which are quite far from airport and most begin their journey there. Hardly anyone gets into / out of train at Tsing Yi. Bangalore is different - with so many developments happening north of BIAL, plus so many different CBDs and software areas, host of residential layouts nearer to Yelhanka etc., travel pattern is more complex. Made even more complex because getting to Majestic area from anywhere will take ages with traffic. Actually IMHO a Narita express type system might suit Bangalore better (with feeders from Yokohama, Shinjuku, Ikebukuro etc. which merge @ Tokyo station to proceed to Narita)... Given high cost of taxis and clean and safe public transport, many well to do take it every day. Practically all foreigners take Airport express. Budget tourists take buses. In India, taking public transport on expense account is considered below dignity that too when company pays for taxi. The BTS Vajra service does attract some foreigners and box-wallas but these are mostly backpacker type or students. Most well heeled go by chauffeured cars which also take multiple passengers. It has been reported this BIAS service is a money loser even with fares as high as Rs.125-140 which is almost what KSRTC VOLVO charges for Mysore-Madikeri route of 140km!!. MTR makes huge profits - more than 60% from RE activities, rentals at stations. That too their exisiting subway network, very old and depreciated with capital grants, is profitable. The AE line is part of overall MTR system benefits from all this. It is not a standalone entity. Of course, HKG has per capital incomes well over USD25000 and the fare is still only HK$100 or US$12 or so, cheaper if you buy return. Even then it had to offer discount of almost 50% during economic slump times (2003 etc). As I mentioned earlier, even by train, AE is not monopoly. You can take Tung Chung line to a place quite close to airport and transfer by bus to save money. That line is quite fast too. It seems the die is cast, so let us try and speak out to ensure some level of transparency and integrity in the process.. Last edited by chenmani; February 8th, 2010 at 05:19 AM. |
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#167 | |
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Registered User
Join Date: Dec 2009
Location: Chennai
Posts: 74
Likes (Received): 0
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Quote:
Delhi deserves this.
__________________
RTI is a great tool to fight corruption, use it. |
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#168 |
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Registered User
Join Date: Apr 2008
Posts: 1,871
Likes (Received): 2
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I just don't understand some people. When the airport opened many were cribbing about the distance from the city center , after that they could not digest the size and thought it was already overcrowded (which it was not) , then came the aerobridges , proposed expansion plans and what not.
And now when one of these defects is going to be rectified (distance) via HSRL , it's still pinching the people no end. I ask , how the hell does it matter to you what the project costs and wether it's profitable or not , it's not like there's even the tax payers money involved , leave alone those armchair analysts happily squatting outsdie India and blabbering thier good for nothing "opinions". From a public perspective all that matters is the HRSL is 1st grade and efficiant system which does what it is designed to do. |
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#169 |
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Registered User
Join Date: Jul 2009
Posts: 1,215
Likes (Received): 1
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Dissent is fashionable
... Other than the viabilty gap funding there really is nothing the taxpayer is going to be burdened with. I'm not sure people understand that very basic concept.
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#170 | |
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Registered User
Join Date: Apr 2009
Posts: 158
Likes (Received): 0
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Quote:
Moreover, we are only paying 35% IT, another 30% on Excise and ST, running 10% budget deficit and live in a state that has no electricity, roads or proper schools in most parts...its okay...no problem, they are used to it... Last edited by chenmani; February 8th, 2010 at 08:53 AM. |
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#171 | ||
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Registered User
Join Date: Apr 2009
Posts: 158
Likes (Received): 0
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Quote:
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Last edited by chenmani; February 8th, 2010 at 08:57 AM. |
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#172 |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
Likes (Received): 9
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BANGALORE PAYS HIGHEST TAX IN INDIA AFTER MUMBAI IF MUMBAI GOT SEA LINK SHOULD WE GET @ LEAST HIGH SPEED RAIL LINK DON'T COMPARE REST OF KARNATKA WITH BANGALORE EVERY STATE HAS POVERTY IF WE KEEP SHOWING THAT NO INVESTOR COMES FORWARD TO INVEST
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#173 |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
Likes (Received): 9
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BANGALORE PAYS HIGHEST INCOME Taxes IN INDIA AFTER MUMBAI IF MUMBAI can get SEA LINK at least Shouldn't WE GET HIGH SPEED RAIL LINK DON'T COMPARE REST OF KARNATKA WITH BANGALORE EVERY STATE HAS POVERTY IF WE KEEP SHOWING THAT NO INVESTOR COMES FORWARD TO INVEST
Last edited by avinash2060; February 8th, 2010 at 03:29 PM. |
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#174 |
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Registered User
Join Date: Apr 2009
Posts: 158
Likes (Received): 0
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Avinash, I think I see where you are coming from..trying to retain some of the Bangalore tax to fund Bang. infra. Not a bad idea at all. As long as VGF is reasonable and fixed I have no issues provided selection is transparent.
But let us also remember the story of Dubai, Greece etc., it is NOT impossible for countries to go bankrupt on reckless spending, for savings to be wiped out, for currencies to be not worth the paper it is printed on and for social riots and other problems to break out if investment in hundreds of thousands of crores get pumped into 50sqkm of a state that is otherwise a ocean of poverty...there are 12 hour power cuts outside Bangalore practically year round..I am running on inverter as I type this. Anyway, let this project go ahead let us play our roles as good citizens by keeping tab on negative trends such as corruption, lack of transparency etc. Investors will get a lot more positive impression about Bangalore if they dont pay US$300 for hotel rooms, if land is not costlier than anywhere in SE Asia, if death of some movie actor brings the whole city to standstill or if Cauvery dispute, language riots and other issues create periodic chaos and so on...they are not asking for bullet trains. |
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#175 | |
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Registered User
Join Date: Feb 2005
Posts: 299
Likes (Received): 0
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Quote:
Is it a luxury that we can live without, Yes. Is it something we cannot afford considering the state of our economy, No, Our economy has never been stronger and you wont get a better time for financing and building infrastructure. Over the long term is it a capital investment that will generate more returns, Absolutely, with metro & HSRL the CBD will turn from a shanty town it currently is, to a higher density real downtown. The airline industry is going to be the real beneficiary which is in doldrums with such low overall traffic to support such high cost industry. This is also a differentiator for BLR as there is stiff competition from CHN & HYD airports and IR cannibalising the traffic already. I would love to see more passenger railway investment to increase the BIA catchment area. The HSRL should be extendable on both ends at some point in the future to make this capital investment pay off in the long run. |
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#176 | |
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Registered User
Join Date: Apr 2009
Posts: 158
Likes (Received): 0
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Fear mongering...no. Why do these riots happen, why do people waste time stoning buses and burning them at the beck and call of goondas, vedikes and small time netas and movie stars? Because they have nothing to lose. Because they see all this growth meaning zilch to them. So by destroying it they lose nothing themselves.
All these jingos that want all these advanced stuff, are they ready to pay for it, if it is priced @ market and not subsidised by the state & taxpayer? They can make a start by patronising BIAS buses and not private taxis or personal cars...as I said these are running @ loss as of date. I agree this one project will not kill the state or its finances, but who knows when they put us on a slippery slope and which straw broke the donkey's back? Well, as I said the die is cast. Let us watch the developments..we are just arguing over something that has already been signed sealed and delivered...just dont know who to and for what.. Quote:
Last edited by chenmani; February 8th, 2010 at 10:10 AM. |
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#177 | |
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Belgaum Admirer
Join Date: Oct 2008
Location: Belgaum
Posts: 27,340
Likes (Received): 756
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Quote:
So lets not waste our energy talking about scams and some useless pointless discussion on Tax payers money being used. Bangalore is south India's capital it desrves wat Delhi,Mumbai deserved.
__________________
LOVE INDIA SERVE INDIA TIER TWO CITIES RAKSHAK
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#178 | |||
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Belgaum Admirer
Join Date: Oct 2008
Location: Belgaum
Posts: 27,340
Likes (Received): 756
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__________________
LOVE INDIA SERVE INDIA TIER TWO CITIES RAKSHAK
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#179 |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
Likes (Received): 9
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INVESTORS ARE JITTERY ABOUT HYDERABAD .KOCHI,BANGALORE AND CHENNAI IN RACE TO CASH IN ON THE SORRY STATE OF AFFAIRS IN ANDHRA PRADESH. KARNATKA GOVERNMENT IS PLAYING SMART BY ACTING INVESTMENT FRIENDLY
ANYONE WHO SAW THE DPR WOULD NOT TALK LIKE CHENNAI MANI THE PROJECT IS ON SWISS MODEL ACCORDING TO WHICH IF THE INVESTOR WHO WINS THE BID GOES BANKRUPT IN THE MIDDLE OF THE PROJECT HE CAN ROPE IN OTHER INVESTORS OR SECOND BIDDER DURING SELECTION PROCESS WOULD TAKE OVER IF BOTH DOES NOT HAPPEN FRESH GLOBAL TENDERS WOULD BE FLOATED SO WHERE IS THE QUESTION OF FRAUD HE HAS TO SHOW ENOUGH LIQUIDITY TO WIN THE BID IN THE FIRST PLACE |
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#180 | |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
Likes (Received): 9
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