HomeNewsTrendsBengaluru loses about Rs 20,000 crore a year due to traffic-related problems: Report

Bengaluru loses about Rs 20,000 crore a year due to traffic-related problems: Report

'As a transportation expert, I have failed to show even one road in Bengaluru without parking,' MN Sreehari, who is also engaged in advising and developing Smart Cities in the country, said.

August 07, 2023 / 15:41 IST
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Bengaluru has close to 1.5 crore vehicles plying on its roads, the reports stated. (File photo)
Bengaluru has close to 1.5 crore vehicles plying on its roads, the reports stated. (File photo)

Bengaluru is notorious for its traffic snarls and now a new report has revealed that the city loses close to Rs 20,000 crore because of problems arising out of traffic congestion and related factors.

The study was conducted by traffic expert MN Sreehari, who is also engaged in advising and developing Smart Cities in the country, and his team. They evaluated Bengaluru's problems surrounding road planning, flyover, traffic management, and infrastructural deficit.

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As per a report by NDTV, the study shows that despite having 60 fully functional flyovers, Bengaluru has faced a loss of Rs 19,725 crore because of delays, congestion, stoppages at signals, interference of slow-moving vehicles with fast-moving, fuel loss, occupants' time loss, loss of the vehicle time. The amount was calculated by converting the loss of vehicle time into money based on salary and other factors.

The report noted that the city witnessed an exceptional population growth of 14.5 million and a vehicle population of close to 1.5 crore owing to the increased growth of employment in the IT sector which resulted in the development of all related facilities like housing, education, to name a few. It stated that Bengaluru expanded from 88 square kilometres to 985 square kilometres in 2023. In the report, Sreehari and his team proposed the city expand further to 1,100 square kilometres.