Transport infrastructure, Microeconomics

Transport Infrastructure:

The development of transport infrastructure plays an important role in the growth process through increasing mobility of resources and increasing factor productivity. Transport infrastructure saves time and decreases the cost of transportation, and, thereby, helps both the rich and the poor. Transport development in rural areas strengthens linkages between towns and the countryside. Along with irrigation, it helps adoption of new technology by reducing the cost of inputs and marketing of outputs. It helps the rural poor by increasing their accessibility to schools and health centres and enables them to obtain non-farm employment in far-away places. In India, the share of the transport sector in Gross Domestic Product in 2003-04 was 5.55 per cent (calculated at 1993-94 prices). Roads, Railways, Airports, and Seaports are the infrastructure constituents of Transport Sector. 

Posted Date: 11/10/2012 7:31:57 AM | Location : United States







Related Discussions:- Transport infrastructure, Assignment Help, Ask Question on Transport infrastructure, Get Answer, Expert's Help, Transport infrastructure Discussions

Write discussion on Transport infrastructure
Your posts are moderated
Related Questions
Implications of Williams model of managerial discretion in Nepalese industries


how to map the curves

true or false ,It is not possible for the compensated own price elasticity to equal the uncompensated own price elasticity.uestion #Minimum 100 words accepted#

Q. Explain about Real Wages? Real Wages:Value of wages, adjusted for level of consumer prices. If nominal value of wages is growing faster than consumer prices, then real wages

if a bank has $6000 in checkable deposits and the required reserve ratio is 0.2 then the bank can lend how much money?

Severe drought hit the coffee industry hard this year; as a result, more people are now switching to tea. The first table below shows the original supply and demand quantities in t

Q=2h find the marginal point. where q is the quantity of electricity in MW-h and h is the amount of water (in 100s of liters per hour)

I need help finding the future worth given the initial investment, MARR, and profit over a period of time.