How does the Union Cabinet's approval of a 309-km rail line between Mumbai and Indore contribute to economic development
Examine the significance of the approved 309-km rail line project in terms of boosting economic growth
- Improved connectivity: The new rail line will enhance transportation links between Mumbai, a major economic hub, and Indore, a key industrial city in Madhya Pradesh, promoting the movement of goods and people.
- Facilitated trade and commerce: The rail line will facilitate the smooth transportation of goods, encouraging trade and commerce activities between the two regions, leading to economic growth.
- Enhanced accessibility: Enhanced rail connectivity will attract investments, create job opportunities, and spur economic development in the regions along the route.
- Tourism boost: The new rail line can also promote tourism by improving access to popular tourist destinations in the region, contributing to the local economy.
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8 months ago