Impact of DFCs on Indian Economy
On 25th October, 2024, a study published by the University of New South Wales highlights that Dedicated Freight Corridors have positively influenced India’s GDP.
- The study was published in the journal Elsevier. It analysed the Western Dedicated Freight Corridor (WDFC) data for FY 2019–20, and came up with its findings by using a Computable General Equilibrium model initiated by the central government.
Impact of DFC
- Reducing Price of Commodities: The study said that reduction in freight cost and travel time due to the DFCs has helped reduce prices of commodities by up to 0.5%.
- Revenue Growth: The corridors have contributed to 2.94% ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 Undercapitalization of Indian Debt Market
- 2 Mutual Credit Guarantee Scheme for MSMEs
- 3 National Critical Minerals Mission
- 4 Diamond Imprest Authorization Scheme
- 5 Team Initiative:Boosting Digital Commerce for MSMEs
- 6 Extra-long Staple Cotton
- 7 National Manufacturing Mission
- 8 Financialisation of the Economy
- 9 Bharat Cleantech Manufacturing Platform
- 10 Logistics Ease Across Different States (LEADS) 2024 Report
