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
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 before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 First Report of Standing Committee on Petroleum and Natural Gas
- 2 India-ADB Agreement under SMILE Program
- 3 Annual Survey of Unincorporated Sector Enterprises, 2023-24
- 4 MuleHunter.AI: Combating the Issue of Mule Accounts
- 5 Committee of Creditors
- 6 SEBI Widens Scope of Optional T+0 Rolling Settlement Cycle
- 7 55th Meeting of the GST Council
- 8 State Finances: A Study of Budgets of 2024-25
- 9 RBI Committee on FREE-AI
- 10 Parliamentary Committee Report on Agriculture Distress
- 1 Operational Guidelines of 'Namo Drone Didi' Scheme
- 2 Pandemic Fund Project: Strengthening Animal Health Security
- 3 National Mission on Edible Oils – Oilseeds
- 4 21st Livestock Census Launched
- 5 ANNA DARPAN: Modernizing Supply Chain Management System
- 6 SEBI Proposes New Rules for Securitisation Activities
- 7 IAPH Recognises Mormugao Port as an Incentive Provider
- 8 Scheme Guidelines for ‘Innovative Projects’ under PM-Surya Ghar Yojana
- 9 India’s Hunt for Critical Minerals
- 10 New Guidelines to Boost India’s Seaweed Industry
- 11 India’s Renewable Energy Capacity Crosses 200-GW Mark
