State development in bangladesh is happening at higher cost


Problem

Write with explanation and proof that these are wrong and state that development in Bangladesh is happening at higher cost.

Traffic jams cause massive economic loss in Bangladesh. According to a study of BUET, the traffic congestion of Dhaka city costs 4.4 billion dollars annually which is more than 10% of the national budget. Every day 3.8 million working hours are being wasted every day for traffic jams in Dhaka. Metro Rail will save 2.4 billion dollars each year which is equal to 1.5% of the national GDP. Apart from that Metro Rail will ease transportation for more than 15 million people of Dhaka and speed up daily life.

Vehicles in Dhaka run rely on fossil fuels which contribute to environmental pollution and recently too Dhaka topped the list as the world's most polluted city. Metrorail will positively affect the environment as it is "electricity-powered" and carries more passengers per hour so the propensity to travel in Dhaka by bus and other modes of transportation will decline. This will lower the number of vehicles on the road which will be beneficial to the environment.

Experts believe that many small and big industries will be growing in the south-western part of the country along the Padma Bridge route, including manufacturing businesses, RMG, assembling plants, and storage facilities. And thus if the demand for electricity, gas, internet, and the infrastructure in the South-West can be met trade between Nepal and Bhutan with BD will increase due to which the landscape of the south-west may change.

Tourism is thriving in Coxs Bazar with a significant impact on the local economy through generating huge employment opportunities, having multiplier effects which lead to a quality of life to local people while the region was only based on the profession of fishing.

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Macroeconomics: State development in bangladesh is happening at higher cost
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