Highway development gave a boost to economic growth: IIM Bangalore Study

According to the preliminary report, done by the Indian Institute of Management Bangalore’s Supply Chain Management Centre (IIMB-SCMC) in partnership with the National Highways Authority of India (NHAI) to assess the socio-economic impact of national highway development during 2013 and 2022, each unit of expenditure made on highway construction resulting in a 3.21 unit increase in GDP growth.