It helps in planning of Cities and Colonies, for building roads and dams and for establishing railway lines.
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The Infrastructure sector helps in the planning of cities and colonies, for building roads and dams and for the establishment of railway lines.
- Importance of Infrastructure sector
- The Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India’s overall development.
- The Infrastructure sector enjoys intense focus from the Government for initiating policies that would ensure the time-bound creation of world-class infrastructure in the country.
- The Infrastructure sector includes power, bridges, dams, roads, and urban infrastructure development.
- The infrastructure sector has become the biggest focus area for the Government of India. India plans to spend US$ 1.4 trillion on infrastructure during 2019-23 to have a sustainable development of the country.
- The Government has suggested an investment of Rs. 5,000,000 crore (US$ 750 billion) for railways infrastructure from 2018-30.
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