HIGHWAY ECONOMICS,FINANCING AND ADMINISTRATION

(i) Reduction in the operation costs and maintenance costs of vehicles.

(ii) Increase in revenue from the motor vehicles – vehicle registration tax, life tax, fuel tax, income from passengers and goods transportation, excise and customs duties, sales tax, and so on.

(iii) Saving in travel time – In the case of commercial vehicles, the time saved can be utilized for additional trips and increased earnings.