Economics • Indian EconomyMedium
In the budgetary allocations of Uttarakhand, what is the strategic rationale for prioritizing capital outlay on road infrastructure and ropeway projects in remote hill districts?
A. To encourage private yacht manufacturing in high-altitude lakes✓ Correct Answer
B. To reduce transport bottlenecks, improve market access for horticulture produce, facilitate seamless pilgrimage tourism, and spur regional economic integration
C. To convert all mountain trails into high-speed bullet train corridors
D. To eliminate the need for any public healthcare expenditure
💡 Solution & Explanation
Capital expenditure on roads and ropeways in Uttarakhand is prioritized to overcome terrain barriers, connect isolated habitations, lower logistics costs for local farmers marketing perishable fruits and vegetables, and ensure safe movement for pilgrims and tourists. Enhanced connectivity acts as a force multiplier for overall economic growth across hill districts. NABARD RIDF loans frequently co-finance these rural infrastructure projects.
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