PPT - Infrastructure | Economics Class 12 - Commerce PDF Download

 Page 1


Infrastructure in India
Page 2


Infrastructure in India
Infrastructure
• Infrastructure is basic physical and organizational structures
needed for the operation of a society or enterprise or reproductive
system , or the services and facilities necessary for an economy to
function. It can be generally defined as the set of interconnected
structural elements that provide framework supporting an entire
structure of development. It is an important term for judging a
country or region's development.
• Keynesian economics, the word infrastructure was exclusively
used to describe public assets that facilitate production, but not
private assets of the same purpose..
• Infrastructure plays an important role in the
economic development of an economy . It can
quicken or impede the development of an
economy .
Page 3


Infrastructure in India
Infrastructure
• Infrastructure is basic physical and organizational structures
needed for the operation of a society or enterprise or reproductive
system , or the services and facilities necessary for an economy to
function. It can be generally defined as the set of interconnected
structural elements that provide framework supporting an entire
structure of development. It is an important term for judging a
country or region's development.
• Keynesian economics, the word infrastructure was exclusively
used to describe public assets that facilitate production, but not
private assets of the same purpose..
• Infrastructure plays an important role in the
economic development of an economy . It can
quicken or impede the development of an
economy .
Infrastructure in India
• India is the fourth largest economy in the world.
However, one factor which is a drag on its
development is the lack of world class infrastructure.
Estimates suggest that the lack of proper
infrastructure pulls down In di a’ s GDP growth by 1-2
per cent every year. Physical infrastructure has a direct
impact on the growth and overall development of an
economy. But, the fast growth of the Indian economy
in recent years has placed increasing stress on physical
infrastructure, such as electricity, railways, roads,
ports, airports, irrigation, urban and rural water
supply, and sanitation, all of which already suffer from
a substantial deficit
Page 4


Infrastructure in India
Infrastructure
• Infrastructure is basic physical and organizational structures
needed for the operation of a society or enterprise or reproductive
system , or the services and facilities necessary for an economy to
function. It can be generally defined as the set of interconnected
structural elements that provide framework supporting an entire
structure of development. It is an important term for judging a
country or region's development.
• Keynesian economics, the word infrastructure was exclusively
used to describe public assets that facilitate production, but not
private assets of the same purpose..
• Infrastructure plays an important role in the
economic development of an economy . It can
quicken or impede the development of an
economy .
Infrastructure in India
• India is the fourth largest economy in the world.
However, one factor which is a drag on its
development is the lack of world class infrastructure.
Estimates suggest that the lack of proper
infrastructure pulls down In di a’ s GDP growth by 1-2
per cent every year. Physical infrastructure has a direct
impact on the growth and overall development of an
economy. But, the fast growth of the Indian economy
in recent years has placed increasing stress on physical
infrastructure, such as electricity, railways, roads,
ports, airports, irrigation, urban and rural water
supply, and sanitation, all of which already suffer from
a substantial deficit
1. Quality of existing infrastructure
2. Economic environment
3. Ease of doing business
4. Political/social environment
5. Availability of finance/financial environment
Page 5


Infrastructure in India
Infrastructure
• Infrastructure is basic physical and organizational structures
needed for the operation of a society or enterprise or reproductive
system , or the services and facilities necessary for an economy to
function. It can be generally defined as the set of interconnected
structural elements that provide framework supporting an entire
structure of development. It is an important term for judging a
country or region's development.
• Keynesian economics, the word infrastructure was exclusively
used to describe public assets that facilitate production, but not
private assets of the same purpose..
• Infrastructure plays an important role in the
economic development of an economy . It can
quicken or impede the development of an
economy .
Infrastructure in India
• India is the fourth largest economy in the world.
However, one factor which is a drag on its
development is the lack of world class infrastructure.
Estimates suggest that the lack of proper
infrastructure pulls down In di a’ s GDP growth by 1-2
per cent every year. Physical infrastructure has a direct
impact on the growth and overall development of an
economy. But, the fast growth of the Indian economy
in recent years has placed increasing stress on physical
infrastructure, such as electricity, railways, roads,
ports, airports, irrigation, urban and rural water
supply, and sanitation, all of which already suffer from
a substantial deficit
1. Quality of existing infrastructure
2. Economic environment
3. Ease of doing business
4. Political/social environment
5. Availability of finance/financial environment
Core Sector of Infrastructure
• Energy
• Transport
• Communication
• Education
• Health