Why are Highways Important for the Economy?
production hubs to profitable markets
, fostering efficient trade routes and benefiting economies.
The World Bank
rise in logistics cost can lead to a
reduction in goods transported.
How Highways are De
When highways are built,
stores and factories pop up nearby
. They use inexpensive materials and hire people, boosting the local economy.
Rural India Shining
enefit rural India
, connect farmers & businesses to urban markets, expands job opportunities, increase income, & improve access to education.
Seaport Connection Boosts Efficiency
India depends on
of its global cargo
transport. Highways connect inland warehouses to distant seaports efficiently, minimising expenses.
Vitality of Connectivity
links Delhi to Chennai through Mumbai, while
connects Chennai to Ennore Port. This
vital seaport-highway link
aids exports to global markets.
Ease of Access to
Delhi-Mumbai expressway not only connects these two cities but also links the places it passes through. This
ease of access attracts businesses
to those places.
The Golden Chance
Golden Quadrilateral project: From the time construction began, districts along this
highway saw a 50% surge in output
over the following decade.
The Multiplier Ef
NH-8 in Gujarat led to a
40% increase in village school enrollment
, highlighting highways' multi-fold impact and igniting economic growth.
The History Created
In the last
, India added
of national highway, nearly double to what it did in the eight years before.
The Upcoming Projec
of India’s road network is NHs, but carry
of the inland cargo. Therefore, through
projects like Bharatmala
, the government wants to improve our road network.
If infrastructure were a central government department, it would have the third-biggest budget after the finance and defence ministries.
Earn 9 - 11%
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