Challenges of Financing Urban Mobility-Srinagar
Srinagar, June 8 -- As Srinagar's traffic problems and congestion worsen with each passing day and more and more vehicles hit the road a critical question emerges: should taxpayers alone bear the cost of building and maintaining roads or should industries that profit from vehicle growth like banks and car manufacturers help fund the city's essential mobility infrastructure, including roads and transportation besides probing innovative policies to fund the urban mobility? Urban Mobility Problems and Fiscal Burden Every morning in Srinagar thousands of commuters get stuck in moving traffic. Major intersections get clogged due to the rising number of vehicles. Parking spaces spill onto the roadsides. Travel times keep increasing and the road...
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