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Nitin Gadkari once said Every rupee Spent on Road Constrcution adds 1.5 rupees to the economy
American roads are not good because America is rich, but America is rich because American roads are good was said by john F keneddy so how to road make money and add to a contries development
#MumbaiDelhiExpressway #NitinGadkari #Bharatmala
Roads also make economies more productive. They make it easier for people to get to work, for supply chains to function and for companies to bring goods to market. Roads bring down transport costs, make everyone more confident that things will move from A to B, and reduce the need for companies to store costly inventory to avoid running out of supplies. According to a 2014 World Bank survey, one in ten Indian firms thought inadequate transportation infrastructure was a major obstacle to their growth.
It is worth pointing out that improvements to India’s roads have already increased productivity for companies over the past two decades - despite the poor quality of the network as a whole. We found that a 1% increase in road density raised productivity by about 0.25%. This gives a sense of what could be achieved with greater investment.
CHAPTERS
00:00 Famous Quote Nitin Gadkari
00:56 Logistics Industry
01:47 Scope of Logistics
02:36 Indian Transport
04:15 How Road Saves Money
05:35 Example of Truck
08:48 Other Benefits of Roads
09:36 Infra in India
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