Page 1 - Home Assignment-Environment and sustainable development
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SAI INTERNATIONAL SCHOOL
ECONOMICS
Class-XII
LESSON NOTES
[INDIAN ECONOMIC DEVELOPMENT]
Ch-8 Infrastructure
Module no-52
Infrastructure refers to all such services and facilities, which are needed to
provide different kinds of services in an economy and which are essential in raising
the place of economic growth of a country.
It contributes to economic development of a country both by raising the
productivity of factors of production and improving the quality of life of its people.
It provides supporting services in the main areas of industrial and agricultural
production, domestic and foreign trade and commerce.
Types of Infrastructure
1. Economic Infrastructure
a. Transport
b. Power
c. Communication
d. Irrigation and watershed management
e. Science and Technology
f. Financial Institutions
2. Social Infrastructure
a. Education
b. Health
c. Housing
d. Civic Amenities
e. Law and Order etc.
Difference between Social and Economic Infrastructure
Social Infrastructure Economic Infrastructure