The year 2022 is going to be highly transformative for the transport sector in India, especially following the post-pandemic recovery. Not only will it serve as more job opportunities for the youth and contribute to better GDP but will also contribute directly to the economic growth of the country. It is not long now that the youth will witness a shift from online casino India to the flourishing job sectors in the transport industry in India.
The 2022 budget of India is focused more on creating sustainable growth for the transport sector. The majority of the budget allocation for transport goes into repairing the roads, infrastructure and the associated mega projects.
The investment in the transport infrastructure in India is the need of the hour, especially because it directly contributes to the economic growth of the country. However, a few restructuring are likely needed at this point, especially to support the totality of the economic growth in the country.
In India, the reports suggest that around 1.5 lakh people die due to improper road safety. India stands second in the world trends with reported road accidents that lead to death. Noting these substantial impacts, it isn’t surprising that the year 2022 needs to be the year where the government focuses and prioritizes the importance of road safety above anything else. There are going to be new measures implemented in the year that contribute to substantial road safety and reduce risks of accidents.
Despite the growing urbanization in India, the one thing it has failed to keep up with is the public transport infrastructure. However, things are gradually changing and shifting. The government is focusing on making more contributions and allocating a better budget into the public transport infrastructure, including metros. However, the public bus system is still being neglected at a very high level.
So, the year 2022 might be the year that changes. To stifle the negative externalities, the government has to increase the availability of public buses and the associated infrastructure in India and that is exactly what the year 2022 will witness.
Last on the list of improvements to contribute to a more sustainable model of the transport system in India is to improve the existing multi-modal freight movement. Compared to the negative implications due to lacking usage of trains for logistics, it is necessary for the same to substantially change this year. Instead of just being reliant on trucks, things might have to necessarily change shortly, especially to reduce the carbon emissions and the air pollution that happens due to land-based logistics.
The year 2022 is going to be a year of growth in the Indian transport and logistics department, all of which will contribute to the seamless impacts on the economy and its growth. There will also be impacts on the taxing process to further fast-track the progress in the manufacturing of electric vehicles in the country.