Kerala’s Rs 67000 Crore SilverLine Project Needs GoI Backing For 8 Hour Travel Time Saves, As Congress Alleges 10% Kickbacks

Kerala’s hottest topic these days regards the proposed 530 km K-Rail project between north and south Kerala. Also called the Silverline Rail Project, it promises a time save of eight hours in travel time between Trivandrum and Kasaragod, currently taking 12 hours. The Rs 67,000 crore project cost has the Kerala government swearing by a five-year timeline to project completion, though it has taken 15 to 20 years to build simpler by-passes and flyovers in the state. The promise appears too difficult to keep like the 25 km Cochin Metro project that took six years to complete @ 4.7 km per year notwithstanding Metro-man, E Sreedharan at the helm. By this yardstick the Silverline project will need 37 years, says economist KP Kannan. But why the clamour for a project none wants? KPCC Chief K Sudhakaran has alleged a 10% kickback accruing to the Kerala Government. Japanese agency JICA will loan Rs 50,000 crore at 0.25% interest if, the Government of India stands guarantor. Sources say the Union Government won’t oblige till it gets its pound of flesh. Kerala CM Pinarayi Vijayan’s meeting with the PM Narendra Modi is also being seen in this light. Either way, the railway project is not expecting completion anytime soon!