Monday, November 7, 2022

Financial Gains

 UTILIZING TRAINED RESERVE MANPOWER TO GENERATE FINANCE:


          Using trained reserve manpower for transportation allows us to make money. Yes, we can charge a registration fee for the training, and we can also give the trained people a pass that will serve as their login information, which they must renew. This will generate revenue for the transportation training company (government owned or quasi government owned firms).


EMPLOYMENT CREATION POTENTIAL:


         In March 2021, there were 2,183 Ulsterbus employees, 772 Metro employees, and 105 Glider employees actively employed; in March 2020, those numbers were higher at 2,256 Ulsterbus employees, 795 Metro employees, and 109 Glider employees (Glider). Covid19 has caused a small lag in the count. As we predicted, these numbers would increase by three times if the government operated the public transit system.


         In 2020–21, 32% of the £450 million spent on our roads went toward new construction and improvement. 30% of the funds were spent on maintenance (structural, routine, and winter), while 3% went into public lighting. Compared to 2019–20 (£447 million), the amount spent on roads increased by less than 1%. We have data that shows us that just 1% has increased, which is absolutely absurd; we need to focus far more on the development of infrastructure. As we previously stated, the public lighting expenditure alone amounts for 10% of the whole road building budget, which contributes to economic growth.


(REF:https://www.infrastructure-ni.gov.uk/system/files/publications/infrastructure/ni-transport-statistics-2020-2021.pdf  )


         The report published by CITB in association with Experian, below link will navigate to see further info.


https://www.citb.co.uk/media/dpzosmap/csn-nireland.pdf


         The construction industry is anticipated to resume growing in 2017 and rise by an average of 1.6% per year through 2021, which is similar to the UK pace of 1.7%. These growth rates are lower than those expected last year for the 2016 to 2020 period for both the devolved country and the UK, as the events of 2016 have introduced a significant amount of global uncertainty into the system and caused more cautious estimates for the economic outlook. See how Northern Ireland has greater needs for road development despite the 1.6% growth predicted for this sector. This is not excellent, and it is also unsuccessful. The ARR for the construction sector was only 1.4 percent.


         The underdeveloped infrastructure in rural areas is the primary cause of this growth slowdown. So, we must make additional investments in the construction of rural infrastructure.


         Initiatives from the Rural Development Fund should be pursued with more vigor so that we can enhance rural infrastructure.


         We discussed how building bus stops will lead to employment, but if we use it well, it will also lead to creation. If we install solar panels on these bus stops, we can produce electrical energy that we can use to charge bicycles and electric automobiles, creating an economy.




ECONOMY SPENT ON BUSES/TRANSPORT VEHICLES:

         On the highways of Northern Ireland, the government ought to think about using electric or green buses. As part of its "go green" campaign, the Indian metropolis of Hyderabad intends to utilize double-decker electric buses to improve mobility and lower emissions.


         The article below outlines how the government of Northern Ireland is attempting to implement electric buses for public transportation.


IMPACT OF BUDGET FRIENDLY COST OF TRAVELLING ON PEOPLE WITH LOW INCOME:

         The article below explains in detail how the high expense of transportation affects low-income families. These low-income households will profit greatly from widespread access to public transportation.


EQUALITY AND SAFER TRAVELLING EXPERIENCES:

         We mentioned at the outset that while males prefer cars for personal transportation, women have other options. Women also chose public transit, which is cost-effective, as their preferred mode of transportation. Using public transportation makes women feel safer. We may see evidence of women's empowerment through transportation in the story below. Empowering women also involves empowering the economy, as women are the main economic forces.


INTRODUCTION OF CARGO AND PARCEL SERVICES:

         As we previously highlighted, a state-owned transport firm in India is reaping enormous profits from its cargo and parcel delivery services.

PREVENTING FOOD LOSS ECONOMY DUE TO TRANSPORTAION DELAY:


         Besides the retail sector, the medical & food sectors are also impacted by a lack of truck drivers. These days, contamination and degradation of food materials, especially frozen food components, is common. These days, there are more Must arrive by dates (MABDs) and retailer charge backs in food transportation, which has an impact on the economy and makes it harder to get fresh, wholesome food on the market. Even food poisoning can result from these phenomena' numerous negative health repercussions. These chargebacks, according to our estimation, are impeding economic growth by 3 to 5%.

         In the article linked below, it is demonstrated that supply chain concerns cause food waste by delaying the transit of harvest to processing facilities. This results in the contamination and waste of both raw materials and processed food.

REF: Understanding Food Loss and Waste—Why Are We Losing and Wasting Food? By Rovshen Ishangulyyev,1 Sanghyo Kim,2 and Sang Hyeon Lee3,

ADVANTAGES OF THE PROPOSED SYSTEM



 

Introduction of cargo and parcel service.

         Transportation firms may take into account cargo and parcel delivery services given that the suggested method is nothing more than a US mail delivery system. However, access is insufficient for those living in remote areas. If you're wondering why we should start a service when we already have one that is functioning well, we'll show you an example of a successful phenomena in India.


         Here we have the India Posts Department, a government-owned business that sends mail (mails). However, the transportation company TSRTC's newly developed freight parcel service has made a sizable profit.

         The freight and parcel service generates jobs in addition to money. We placed a lot of emphasis on the public transportation system because it has the ability to provide a huge amount of employment in addition to providing rural residents with access to transit. We can simply understand it if we take into account the personnel counts of transportation businesses. Because it requires personnel such as a driver, a ticket collector, a bus maintenance team, a bus break down repairs team, a ticket checker, a bus economy checker, a team to manage employee attendance and process salaries, a team to deposit earned revenue into a bank, and a supervisor or chief.

         When creating transportation facilities for rural areas, new roads may also be built. If this happens, this will result in the creation of new jobs. Additionally, after the building of new roads and transportation facilities, the necessity for adequate road maintenance will become apparent.

         If we build roads, we can build electric vehicle charging stations as well, which will boost the economy and add jobs. According to COP26, several nations place a greater emphasis on net zero emissions; this action will help to lower pollution and emissions. So, it is essential to develop transportation infrastructure.

         During natural disasters, we also desperately need transportation facilities to help the poor and evacuate them to safer locations. Again, roads are essential. Lights are necessary for nighttime vehicular travel. It also boosts the economy and employment.

         The problems with the supply chain will vanish if there is good road connectivity between rural and urban locations. Additionally, it can reduce food waste and boost the flow of fresh food into the economy, improving health and reducing pollution. Due to the availability of high-quality locally supplied food, countries will be less dependent on imports from other nations, which will increase GDP and the economy.

         If we operate public transportation, we will also concentrate on building bus stops; these stops must have restrooms and nursing rooms for moms. Man, this is absolutely vital. We need to preserve rights and supply the necessities. which will result in a society that is more civilized. The adverts at bus terminals and bus stops allow transportation providers to earn passive revenue as well.

         When we consider a larger spectrum, concerns like racism, inequality, and harassment are also eliminated.

         Public transportation is also cost-effective and helps those with limited resources save money. This will bring respite to many nations as they are moving toward rising inflation.

         A better and healthier society will result from the improved access to education and healthcare that the enhanced mobility may bring about.

         Giving disabled persons battery- or electrically-powered wheelchairs will enable them to move fast and easily, improving their ability to carry out daily tasks.

         The best option for disabled people who want their own personal transportation is to provide subsidies on specially equipped vehicles. Who knows, they might need to travel a great distance and discover that the cars are a far better option than the previously mentioned battery-operated wheel chair.

         To reduce traffic accidents, private transportation firms' drivers must receive refresher training.


         It is quite significant. The training program for fuel-saving practices will also have a big impact on fuel economy and pollution regulations. It currently exists as a need.


         The implementation of health camps for drivers with the assistance of corporations (CSR activities) will have an impact on their health and decrease accidents. In the current cost-of-living crisis, offering free drugs at health camps will unquestionably be of great assistance to them.

         Assembling a trained reserve of labour to assist with labour shortage issues It is urgent that immigration procedures be made more welcoming and that optimism about the effects of Brexit be fostered, as evidence suggests that fewer truck drivers than actual truck drivers have returned to the UK from other countries since leaving the UK as a result of COVID19. The primary sources of this negative publicity are immigration and Brexit concerns. This has a significant impact on the UK supply chain system.



         This supply chain problem constitutes 7% decline in GDP of UK. We need to act smart and fast.

         To give hope to private taxi drivers in rural areas, the authorities should reconsider raising their pay. We also request that the transportation authorities provide these drivers with pension or Provident Fund benefits. These actions will increase the supply of labor in the UK transportation industry, which will logically increase the accessibility of transportation services in rural areas while also reducing problems with commodity supply chains. The following story discusses how increased pay for truck drivers has kept their business afloat.



Transportation/Types/Need/Problems in Northern Irland

    INTRODUCTION: This section of the blog explains what transportation is, how it is classified, why it is needed, and the challenges with ...