Social Sciences, asked by rahulahlawat4464, 1 year ago

Essay on infrastructure development in india

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Answered by AbhayPatel1
2
Infrastructure is of fundamental importance for industrial and agricultural growth of a nation. No country can think of development in the absence of proper infrastructure facilities. It is a sector of top priority. Infrastructure includes power-generation, distribution, railways, transport, roads, shipping, communication, water supply, sewage disposal etc. India is in need of all these and needs them fast to sustain and further accelerate the industrial growth and development. The financial requirement in this regard is estimated about Rs. 7,000 billion. In terms of additional requirements in different sectors, additional funds are needed. For example, for power sector alone Rs. 250 billion investments is required. For making these huge funds available, the private participation in these sectors is must.

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