NEET BIOLOGY

Detailed explanation-1: -To accumulate additional capital, a country needs to generate savings and investments from household savings or based on government policy. Countries with a high rate of household savings can accumulate funds to produce capital goods faster, and a government that runs a surplus can invest the surplus in capital goods.

Detailed explanation-2: -Roads make a crucial contribution to economic development and growth and bring important social benefits. They are of vital importance in order to make a nation grow and develop. In addition, providing access to employment, social, health and education services makes a road network crucial in fighting against poverty.

Detailed explanation-3: -Retail Investors Can Now Invest In Road Construction Through Mutual Funds: Nitin Gadkari. The government is developing a new framework that will permit small investors to fund infrastructure projects.

Detailed explanation-4: -A nation’s thriving economy relies on the highways that have emerged as a dominant segment of the economy. Road networks play an essential role in India’s growth story. It contributes more than 3.6 per cent of Gross Domestic Product (GDP) or around two-thirds of all transport-related contributions to the GDP of India.