Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsInfrastructure3 Marks
Question
Highlight the prerequisites for private investment in the infrastructure sector in India.
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Answer
Commercialisation in infrastructure will allow private entrepreneurs to enter the market.
The policy of subsidies needs to be replaced by pricing policies based on market forces for private sector.
Paying proper attention on the existing infrastructure and the anticipated demand is required because privatisation will necessitate a demand-oriented approach.
There is a proper need of allocating it amongst different stakeholders.
A transparent framework is needed so that there is neither direct regulation requirement nor pricing becomes inefficient.
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