India on. It plays essential part for poor people

India
has one of the fasting growing economies in the world and accomplishing a
development rate of 7.5% for each year. The nation is working hard to transform
their country over the next few decades (Singh, 2016). India has the
population of 1.3 million and the population is divided into urban and rural
according to states. According to ICE 360° survey one in two households owns a
bicycle, one in three owns a two-wheeler, and one in 10 owns cars by Indian
citizens (Bhattacharya, 2016) for the survey see
(Appendix A).

 

1.1 Growth of Private Vehicles

We Will Write a Custom Essay Specifically
For You For Only $13.90/page!


order now

The
growth of the vehicles has been faster than the population of India. In 2001
there was 55 million of vehicles were registred and the number incresed to 142
million by 2011. The estimation of 2016 is 195.6 million. The ratio of  two-wheeler owners are higher than the cars. Apporximately
75% (147 million) of these vehicles registration are motorcycles. Per million
population of India’s registration of vehicles is increased by 219%, whereas
124% per million registration of vehicles are enrolled by urban economy. India
is a big country around 63% of India’s Gross Domestic Product (GDP) is
contributed by the non-urban population where as only 30% lives in urban areas.
Rapidly demand of private vehicles leads to many challenges in India (Appendix
B) shows the current problems faced by Indian economy (Singh, 2016).

1.2 Senior Citzen Discount

The
Indian government has launched senior ctizen card with various benifits and
different plans. An identity card called Senior Citizen ID Card and help old
people to avail facilities like various tax benefits, travel and health care facilities
and so on. It plays essential part for poor people and under-privileged senior
residents (Senior Citizen
Identity Card, n.d.).

With
senior ctizen card, senior ctizens are enable to get various discounts in
travelling fares. Table below illustrate the benefits for senior citizens in India

x

Hi!
I'm Brent!

Would you like to get a custom essay? How about receiving a customized one?

Check it out