Logistics Leverage and Evolution in Transportation Infrastructure-perpetual Augmentation of the Expansion of Indian Economy

Authors

  • Avik Ghosh Assistant General Manager Reserve Bank of India Kanpur
  • Ankit Magotra Assistant Manager Reserve Bank of India Kanpur

Keywords:

No Keywords.

Abstract

The logistics sector is an essential component of an economy, having a bidirectional causal relationship with its growth potential. India’s GDP witnessed a significant five-fold growth in the last two decades, of which much can be attributed to the successful policy intervention, infrastructure improvement and perpetual capital formation. This study performs a representative sectoral time-series analysis, establishing the sustainable expansion trajectory of the logistic infrastructure in India. A move towards green and sustainable world-class infrastructure enabled by policy initiatives and increased budget outlays has further strengthened the logistic and transportation sector’s role as a positive transmission channel to economic growth and inclusive development.

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Published

2024-11-13

How to Cite

Ghosh, A., & Magotra, A. (2024). Logistics Leverage and Evolution in Transportation Infrastructure-perpetual Augmentation of the Expansion of Indian Economy. The Management Accountant Journal, 59(9), 27–30. Retrieved from https://icmai-rnj.in/index.php/maj/article/view/173681

Issue

Volume 59, Issue 9, September 2024

Section

Cover Story

References

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