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Essay : Infrastructure Development - A Path Towards Economic Growth

Infrastructure Development - A Path Towards Economic Growth

Overview
  • Introduction of infrastructure. 
  • Classification of infrastructure. 
  • Development of infrastructure through different models. 
  • Government of India's policy for the development of infrastructure. 
  • India's infrastructural development in the fields of agriculture, transport and industry. 
  • Importance of development of urban infrastructure.
For any country aspiring to excel in growth and' Development, Infrastructure is a vital component. The role of infrastructure can never be discounted, as it contributes both directly and indirectly to the economy. India is growing rapidly in the world where economic growth has plummetted, it offer
s very high potential for investment and growth. A country's transition from developing to a developed category, depends on infrastructure, as infrastructure supports, primary (agriculture), secondary (industries), tertiary (service) sectors. Infrastructure can be classified as hard and soft infrastructure. Hard infrastructure is also referred as physical infrastructure. This is necessary for functioning of any developing country. Physical infrastructure includes, rail, road, airports, seaport, power, irrigation, urban infrastructure etc. Soft infrastructure, i.e. the social infrastructure includes, education sector, health sector, financial system, government infrastructure, law enforcement, emergency services, defence infrastructure etc.
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Essay : Infrastructure Development - A Path Towards Economic Growth

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