The annual loss due to road accidents and traffic jams is 1 lakh 65 thousand crore

The annual loss due to road accidents and traffic jams is 1 lakh 65 thousand crore

According to the Bangladesh University of Engineering and Technology (BUET), financial losses of Tk 1.65 lakh crore are incurred every year due to road accidents and traffic jams in Dhaka. This loss is five percent of Bangladesh’s GDP.

This information was presented by the ARI professor at the certificate distribution ceremony of the training program titled ‘Sixth Social Science Research Techniques for Transportation Planning and Road Safety’ conducted by Accident Research Institute (ARI) of Bangladesh University of Engineering (BUET) on Sunday (April 24). Mohammad Mahbub Alam Talukder.

BUET Vice-Chancellor Prof. Satya Prasad Majumdar presided over the function, among others, Secretary of the Ministry of Planning Pradeep Ranjan Chakraborty and BUET Vice-Chancellor Prof. Dr. Abdul Jabbar Khan. ARI Director Prof. Dr. thanked. Hadiuzzaman.

On the occasion, Prof. Dr. ARI presented a proposal titled ‘Bangabandhu’s Vision for Road Safety Promotion: Policy Laps-Gaps and Moving Towards Designing Intervention’. Mohammad Mahbub Alam Talukder.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

At that time, he said, the country loses 60 thousand crore rupees annually due to road accidents, which is 2 percent of GDP. Besides, in Dhaka alone, the annual loss due to traffic jams is 1 lakh 5 thousand crore which is 3 percent of GDP. So the total loss per year is 1 lakh 75 thousand crore. Which is five percent of the country’s GDP.

Speaking on the occasion, Satya Prasad Majumder said that research should be done on the steps to be taken to prevent road accidents and not on the damage caused by road accidents. After licensing the drivers, they have to be monitored. If necessary, marking can be arranged within 100 numbers. Negative marking system should be maintained in case of road accident or non-compliance with the law. If that number falls below 40, their driving license will have to be canceled. Drivers will be aware if such steps are taken. At the same time the traffic system needs to be developed.

Incidentally, BUET’s Accident Research Institute (ARI) has been conducting this four-month training program since 2016 under the auspices of the Ministry of Planning.

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