Page 2 - Home Assignment-Environment and sustainable development
P. 2
It helps the economic system It helps the economic system
from outside(indirectly). from inside(directly).
It improves quality of human It improves the quality of economic
resource. resource.
For ex-Health, Education and For ex- Energy, Transport and
housing communication
Importance of infrastructure
a. Raises productivity
b. Provides employment
c. Induces foreign investments
d. Raises ability to work
e. Facilitates outsourcing
f. Raises economic development
g. Raises size of the market
h. Generates linkages in Production
The state of infrastructure in India
India invests approximate 5 percent of its GDP on infrastructure, which is far
below than that of china and Indonesia.
With government, private sector in partnership with the public sector is also
playing a very important role in the infrastructure development.
India needs to develop its infrastructure specially in the area of rural energy
requirement, water, basic amenities and sanitation.