It is often argued that spending money on railways is much more profitable than on roads by the government. I completely agree that investing more in railways will help in boosting the economy of the country.
First of all, I believe that the railway is a mode of transport which is cheaper and faster than roadways. The construction cost of a rail network is a one-time investment while roads are constructed frequently, which puts pressure on the pocket of the government. Although, traveling by train is faster and one can reach his desired destination with less time than by road. For example, the government can cover the spending by collecting fare from the public while toll tax collected, fill the pocket of private companies who built roads on the tender. However, to make travel faster and cheaper, the government should spend more on railways.
Secondly, import and export of goods from one part of the country to another in bulk is cost-effective as well as saves fuel and time. In other words, lots of good reach every corner of the country in less time and less money. This helps to make strong relations between government and various businesses indirectly. For example, if people of the nation will earn more profit then they will spend more which will indirectly boost the economy of any nation. Thus, spending wealth on railways indirectly helps people save more money and rise of economy in a long-term perspective.
In conclusion, I strongly believe that more investment made on railways results in high return in the form of various indirect factors.
It is
often
argued that spending money on
railways
is much more profitable than on
roads
by the
government
. I completely
agree
that investing more in
railways
will
help
in boosting the economy of the country.
First of all
, I believe that the
railway
is a mode of transport which is cheaper and faster than roadways. The construction cost of a rail network is a one-time investment while
roads
are constructed
frequently
, which puts pressure on the pocket of the
government
. Although, traveling by train is faster and one can reach his desired destination with less time than by
road
.
For example
, the
government
can cover the spending by collecting fare from the public while toll tax collected,
fill the pocket of
private
companies
who built
roads
on the tender.
However
, to
make
travel faster and cheaper, the
government
should spend more on railways.
Secondly
, import and export of
goods
from one part of the country to another in bulk
is cost
-effective
as well
as saves fuel and time.
In other words
, lots of
good
reach every corner of the country in less time and less money. This
helps
to
make
strong relations between
government
and various businesses
indirectly
.
For example
, if
people
of the nation will earn more profit
then
they will spend more which will
indirectly
boost the economy of any nation.
Thus
, spending wealth on
railways
indirectly
helps
people
save more money and rise of economy
in a long-term perspective
.
In conclusion
, I
strongly
believe that more investment made on
railways
results in high
return in
the form of various indirect factors.