Question

WRITE SPEECH on given Subject: Transportation is Back Bone of Indian economy​

Answer 1

Explanation:

The demand for mobility through high-quality transport networks and services is growing fast. “Transport infrastructure is much more than asphalt, concrete or steel; it is the backbone of national economies, providing connections for people and goods, access to jobs and services, and enabling trade and economic growth.

A good transport system can broaden the market for goods. It can also make the movement of raw materials, fuel, equipment, etc. to the places of production easy.

Further, it opens up remote regions as well as resources for production. Also, as transport facilities increase, the demand for motor vehicles, locomotives, ships, etc. increases too.

This leads to the start of industries which specialize in these goods. let’s take a quick look at the transport system and understand how it contributes to the economic development in India.

Answer 2

Answer:

More investment in strategic transport infrastructure and services is needed to meet growing demand, ministers agreed in a joint Declaration on Funding Transport during their 2013 Summit in Leipzig, Germany.

The Global Summit of Transport Ministers highlighted the need to align funding with transport’s fundamental role in economy and society, and how an integrated, coherent policy framework is required for long-term planning.

The ministers stated: “Funding transport is a major challenge for transport policy today. The demand for mobility through high-quality transport networks and services is growing fast.

“Transport infrastructure is much more than asphalt, concrete or steel; it is the backbone of national economies, providing connections for people and goods, access to jobs and services, and enabling trade and economic growth.

“With investment in transport infrastructure a long-term venture, robust, credible funding solutions that support trade, economic growth and environmental and social sustainability are urgently needed.

“With both public budgets and private sector resources under constraint, government authorities and industry must together seek new ways of ensuring stable, long-term funding for the sector.”