Nepal Revives Railways As China, India Vie For Influence


Nepal Revives Railways As China, India Vie For Influence

Three years after its last train hit the buffers, landlocked Nepal is building a new railway network to boost its ailing economy—helped by the rivalry between its powerful neighbours, China and India.

The railway to India was a lifeline for the small southern frontier town of Janakpur, used to import everything from sweets to clothes and cosmetics and fuelling a vibrant border economy. But it fell into disrepair after years of neglect and since 2014 the train has sat stationary, its rusting carcass now a playground for local children, while Janakpur’s markets are empty.

“When the train was running, we would have a lot of business. I was easily providing (for) my family,” said Shyam Sah, whose small family-run cosmetics shop has suffered an 80% drop in profits since the railway closed. Now it is being rebuilt with Indian backing, one of three new rail lines—one funded by China in the north and a third by Nepal itself— that the country hopes will help boost international trade. Read More…

 

Credit By : Livemint

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