NEW DELHI, Feb. 13 -- A Niti Aayog study on decarbonizing India's transport sector published earlier this week called for congestion pricing to disincentivize private vehicle ownership.
Congestion pricing is a strategy to charge vehicle drivers a fee to enter high-traffic urban areas during peak hours. Developed economies including Singapore, the US and the UK have implemented this method of urban tolling to reduce traffic jams.
Mint explains the rationale behind this move in the backdrop of private vehicles accounting for more than half of India's road-based passenger movement.What did the Niti Aayog study say?The study examined the current state of India's transport - road, rail and water-based transport - along with existing policies...
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