In the economic infrastructure, we include:
Infrastructure facilities are of fundamental importance for growth. They require immediate huge investments and cannot be undertaken without large scale private participation.
Our power sector is in bad shape and so is road-transportation. We have failed to achieve the envisaged power-production targets in our Five Year Plans, and it is a matter of great concern.
Road-development and expansion too, is not as desired to match the rapidly increasing strength of the vehicles. Shipping plays a major role in overseas trade and is a significant forex earner, but here too the scene is dismal and gloomy. Indian railway has played a significant role in the national growth and development but much needs to be done in respect of its expansion, upgradation cost-effectiveness and maximum utilization.
Telecommunication segment is also in need of urgent attention to fill the gap between demand and availability of telephone and telex services. All these infrastructure segments and services are capital intensive and need to be further opened liberalized for private participation. Foreign direct investment FDI should also be encouraged in order to expedite the infrastructural development.
Infrastructure is of fundamental importance for industrial and agricultural growth of a nation. No country can think of development in the absence of proper infrastructure facilities.
It is a sector of top priority. Infrastructure includes power-generation, distribution, railways, transport, roads, shipping, communication, water supply, sewage disposal etc. India is in need of all these and needs them fast to sustain and further accelerate the industrial growth and development.
The financial requirement in this regard is estimated about Rs. In terms of additional requirements in different sectors, additional funds are needed. For example, for power sector alone Rs. For making these huge funds available, the private participation in these sectors is must. The Rakesh Mohan Committee Report on this subject has recommended large scale privatization of infrastructure facilities and services.
It has suggested creation of a transparent regulatory framework to set up foreign debt and equity finance in various sectors. It has recommended a number of tax concessions in order to give reasonable returns to the prospective investors. In order to sustain the present 7 per cent growth it is essential that total investment in infrastructure is increased from present 5.Words Essay on Role of Infrastructure in Development in India Article shared by Infrastructure is the network of power, telecom, ports, airports, roads, civil aviation, railways, and transportation in a country.
Introduction On India Infrastructure Essay. Infrastructure development plays a really important function in its economic growing of a state - Introduction On India Infrastructure Essay introduction.
Taking illustrations from other states, a fast turning economic system drive demand and lead to an even faster development of substructure. In this article we will discuss about the development of social infrastructure in India. Economic development depends on the existence of an integrated infrastructure or social overhead capital which generates externalities.
This is why, since , serious attempts have been made to build heavy industries in the public sector. In fact, one of the causes of expansion of the public sector in India has . The India government looks after the social development in India by careful infrastructure planning and handling the social issues in close coordination.
India development is incomplete without social development and that would require focus on the infrastructure strategy for social research India.
Infrastructure Development The Indian road network has become one of the largest in the world with the total road length increasing from million km .
MPS essay on infrastructure development in india Free Essays on Infrastructure For a Better Infrastructural essay on infrastructure development in india Development For Sustained essay conservation water on words in Growth In India to build up the local infrastructure in the Gadoon.