Development of Accident prediction model for high speed corridors in India

This is an attempt for development of Accident prediction model to determine the impact of increasing Accident rate in the High Speed Corridors on the Economy of India. The loss incurred due to the Accidents are relatively very more compared to the development of Indian Economy. For instance, the Quarterly GDP by September 2010 is 8.40% but the loss due to the occurrence of Accident is about 3%. The above details shows how the Accidents are retarding the development of Indian Economy. For the same, it was proposed to generate “Accident prediction Model” for the High Speed Corridors in India and to work out the loss suffered due to the Accidents by giving a suitable rate for each type of Accidents.