Q1. What infrastructural facilities have been contributed to India's economic development?
Answers
Answer:
India's population growth and economic development requires improved transport infrastructure, including through investments in roads, railways, and aviation, shipping and inland waterways. by 2030, transport is expected to attract over 60 per cent of infrastructure investment in India.
Question:
What infrastructural facilities have been contributed to India's economic development?
Answer:
India's population growth and economic development requires improved transport infrastructure, including through investments in roads, railways, and aviation, shipping and inland waterways. by 2030, transport is expected to attract over 60 per cent of infrastructure investment in India.Infrastructure development is one of the major factors contributing to overall economic development in many ways, such as: (1) direct investment in infrastructure creates production facilities and stimulates economic activities; (2) it reduces transaction costs and trade costs, improving competitivenessInfrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from Government for initiating policies that would ensure time-bound creation of world class infrastructure in the country.
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