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Infrastructure 2
Infrastructure 2
AN INTRODUCTION…
MEANING
It includes all those facilities and services
which are needed for supporting and
enhancing the production capacity of an
economy.
It includes both economic infrastructure
and social infrastructure.
1. ECONOMIC INFRASTRUCTURE
Also known as physical infrastructure.
Refers to all such elements like power,
transport and communication which
serve as a foundation for the process
of economic growth.
It helps in increasing the living
standards of the people.
2. SOCIAL INFRASTRUCTURE
It refers to core elements of social change
like schools, colleges and hospitals which
serve as the foundation for the process of
social development of a country.
It helps in increasing the quality of human
resources as it focuses on human
resource development, implying the
development of skilled personnel as well
as healthy and efficient human beings.
ROLE OF INFRASTRUCTURE
1. Raises production and productivity;
2. Induces investment;
3. Generates linkages in production;
4. Enhances size of the market;
5. Enhances ability to work;
6. Facilitates outsourcing;
7. Promotes employment;
8. Induces FDI.
INFRASTRUCTURE-
A CHALLENGE IN INDIA
Low priority in plans;
Huge requirement of investment;
Long gestation period;
Exclusion of private sector;
Regional imbalance;
Poor maintenance;
Less expenditure on research and
development.
INFRASTRUCTURE
ECONOMIC SOCIAL
INFRASTRUCTURE INFRASTRUCTURE
TRANSPORT HEALTH
ENERGY EDUCATION
COMMUNICATION
IRRIGATION
SCIENCE AND
TECHNOLOGY
COMPONENTS OF ECONOMIC
INFRASTRUCTURE
TRANSPORT
ROLE OF TRANSPORT IN ECONOMIC
DEVELOPMENT OF INDIA
Agricultural development
Industrial development
Facilitates large scale production
Development of rural and remote areas
Importance for employment generation
Importance for national defense
Optimum utilization of resources
Backbone of trade
Importance in natural calamity
Facilitates specialisation
Social transformation
MEANS OF TRANSPORT