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Infrastructure — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsInfrastructure6 Marks
Question
Chalk out the relation between development of infrastructure and economic development of a country.
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Answer

The development of infrastructure and the economic development of a country are directly related with each other. Infrastructure in terms of social and economic) is very vital for the economic development of a country.
  1. Provision of infrastructure is a support system which directly impacts the productivity of the factor inputs by enhancing it and also brings about an improvement in the quality of life of people.
  2. Despite of considerable achievement on the infrastructure front its distribution is observed to be uneven. This is substantiated by the lack of basic facilities like roads, schools, electricity, hospitals etc, in large parts of rural India.
  3. While marching towards modernisation, the quality infrastructure which is being envisaged has to be eco-friendly, vis-a-vis its environmental impact.
  4. To lure the private sector in general and the foreign investors in particular, various concessions and incentives are strongly desired to be offered to them.
  5. As far as possible there should be a scope for equal access to infrastructure for all in the economy, without any divide.

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