1.These have been quotes from the Indian Business Newspapers (see the web link). Apply your understanding and analyse these statements with appropriate reasons from Macroeconomics understanding? Is Japan's bullet train loan the best deal for India? What could have been the alternatives?

Mumbai:PM highlighted the fact that Japan had offered India a 50-year loan at just 0.1% interest to fund the Ahmedabad-Mumbai bullet train link when he inaugurated the project with his Japanese counterpart in the Gujarat city earlier this month.Live Mint, Sep 28, 2017. http://www.livemint.com/Politics/AXIyUTEJaxNtX0Yv7npPiO/Is-Japans-bullet-train-loan-the-best-deal-India-has-ever-ha.html