Abstract
Abstract. India's congested road transport system, inordinate delays in railway passenger and freight movements, inefficient and lengthy turnaround time at ports, and fast-growing but overstretched airport sector all add to significant capacity constraints. According to experts, it also hurts the country’s potential growth trajectory by as much as 4 per cent to 5 per cent. Thus, infrastructure development can help remove some of these inefficiencies and contribute immediately to economic expansion through its multiplier effect and support more robust long-term growth.
Keywords. Transport system; Infrastructural challenges; India.
JEL. A13, C70, D11.Downloads
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