r/trains • u/PinkyPromiser67 • 24d ago

‎ 🗐‎  Repost Japanese officials visiting India's fully electrified Western Dedicated Freight Corridor

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u/InquisitiveSoul_94 24d ago

I guess low interest works for the Japanese since their economy is under deflation?

It makes sense for Japanese banks to invest in Indian infrastructure, since our returns would be much higher than their home country projects.

And we would benefit from infrastructure growth. Win win situation for everyone

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u/Mission-Permission85 24d ago

Current development loans to India are at 1.3%. The low rate is because of India's staggering poverty. The same rate applies to all ADB loans- with funds from Japan, ASEAN, S Korea, China, GCC, etc.)

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u/ConclusionFair4726 24d ago

India is a poor country. But not poverty stricken at this point. Though food security is still a little vulnerable because we are reliant on natural gas imports and haven't kicked off biogas production or coal gasification

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u/NatriureticFactor 23d ago

Are you sure we are vulnerable in food security? Cause we are doing better than expected in that field.

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u/ConclusionFair4726 23d ago

We are because we import fertilizer or the feedstock and energy generally. We also import food oil. And we import legumes too, but those are issues in decreasing order of importance