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Cycling can lead to benefits of ₹1.8 trillion, or 1.6 per cent of India’s GDP for 2015-16, says a new study.
In the study, ‘Benefits of Cycling in India: An Economic, Environmental and Social Assessment’ by The Energy and Resources Institute (TERI), it was estimated that if bicycles were to substitute two-and four-wheelers used for short trips, it can result in an annual benefit of ₹1.8 trillion.
The study, released on Friday, also said these benefits can be realised by providing safe cycling infrastructure and conducting awareness campaigns’
“Additionally, cities should plan city-wide bicycle sharing schemes instead of only focusing on specific locations. In order to increase the share of cycling among choice users, the aforementioned measures have to be supplemented by regulations on the use of private motorised vehicles, such as congestion and parking pricing and pollution tax,” it said.
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