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.

https://www.indiatoday.in/india/story/electronic-double-decker-buses-on-hyderabad-roads-soon-2292637-2022-11-03

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

https://www.belfastlive.co.uk/news/northern-ireland/cop-26-electric-double-decker-22065029

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.

https://www.trustforlondon.org.uk/publications/living-edge-impact-travel-costs-low-paid-workers-living-outer-london/

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.

https://eige.europa.eu/publications/gender-equality-index-2019-report/transport-and-public-infrastructure

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 Lee^3,