![]() ![]() Money obtained from gate receipts won’t be a lot but that’s not the focal point of the project. You decided to pick the easiest one and assumed that the ticket will cost x amount of money. You CANNOT calculate the break even cost of a large project like this based on the money obtained from gate receipts only!! There are other dimensions to the project which you probably don’t know or your brain couldn’t comprehend at this point. The author of this article lacks understanding of financial concepts and yet attempted to pretty much state that we won’t see ROI in near future. Its true that the government has spent large amount of money on the statue but its not complete waste of money. At the inauguration ceremony, Chouhan said he will try to bring back Bhoj’s goddess’ statue, ‘Vagdevi’, from the British Museum. Madhya Pradesh chief minister Shivraj Singh Chouhan also inaugurated a tall statue of Raja Bhoj along the Bhopal lake – obstructing the view for many residents. But even before the statue was installed, it fell off the barge that was transporting it and lay flat in the waters for long, causing him much grief. He was inspired by his visit to New York’s Statue of Liberty. Rama Rao dreamed of a tall 440-tonne granite Buddha statue in the Hussain Sagar Lake. In the 1990s, Andhra Pradesh chief minister N.T. With so many question marks on the Statue of Unity, all we have is the justification of political benefit.īut this isn’t be the first time Indian politicians have indulged in political vanity projects of building statues – albeit not at this scale. ![]() The statue is also made with the help of Chinese workers. Thousands of tribals will hold a mass protest against the statue because their lands were taken away. Even with inflation, it is unfathomable why it is 10 times higher here. The Spring Temple Buddha statue had cost $18 million (128 metre). Of which, the cost of just the statue (182 metres) is nearly $200 million (Rs 1,347 crore). The entire Sardar Patel statue project costs approximately $430 million (Rs 3,000 crore). One can argue that visitor centres, museums and restaurants would help generate revenue but how much of that money will end up in government treasury? Add to that the maintenance cost, and it probably will never even become profitable. But even if we assume that the Statue of Unity becomes as popular as the Taj Mahal, it would take more than 120 years to just break even. It would be optimistic to hope that the Sardar Patel Statue of Unity will get even a tenth of that number. The Taj Mahal is the most visited tourist attraction in India, which earns an annual revenue of Rs 25 crore from 8 million tourists. Upgrading services at these monuments, including at the Taj Mahal, would give tourism a better boost than spending Rs 3,000 crore on one political statue.Īlso read: The row over Red Fort shows Indian liberals outrage first and Google much laterĮconomically, this statue makes no sense either. Moreover, only 116 monuments have entry tickets, which can earn revenue. In fact, ASI spent more money to build its new headquarters than it did on conservation of the monuments in 2017. It has to reach out to the private sector to adopt the monuments. The Archaeological Survey of India (ASI) has over 3600+ monuments under its custody, including 36 world heritage sites. Our country is, in fact, overflowing with historical and cultural monuments but we hardly have the money to preserve them. The Sardar Patel statue is about political symbolism, and does not add to India’s rich culture and history. It is another matter that BJP MLA Sangeet Som tried his best to denigrate Taj Mahal for his politics.Īlso read: The political & electoral motivations behind Modi’s push for grand Sardar Patel statue There’s no reason to believe why the Statue of Unity would attract more tourists than India’s top historical wonders like Taj Mahal or Amber fort. That is why the Eiffel Tower gets almost 7 million tourists every year compared to Dubai’s Burj Khalifa, which gets 2 million tourists despite being the tallest building in the world. Across the world, historical monuments and sites are a far better tourist magnet than any modern construction. ![]()
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