UPSC Exam > UPSC Videos > Economic Survey & Government Reports > Economic Survey Lecture 4: Physical & Digital Infrastructure: Lifting Potential Growth
Economic Survey Lecture 4: Physical & Digital Infrastructure: Lifting Potential Growth Video Lecture | Economic Survey & Government Reports - UPSC
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FAQs on Economic Survey Lecture 4: Physical & Digital Infrastructure: Lifting Potential Growth Video Lecture - Economic Survey & Government Reports - UPSC
| 1. What is the importance of physical infrastructure in boosting potential economic growth? |  |
Ans. Physical infrastructure, such as transportation networks and energy systems, plays a crucial role in supporting economic activities by facilitating the movement of goods and people, reducing production costs, and enhancing overall productivity.
| 2. How does digital infrastructure contribute to lifting potential growth in the economy? | |
Ans. Digital infrastructure, including broadband internet access and digital platforms, enables businesses to operate more efficiently, reach a wider customer base, and innovate new products and services, ultimately driving economic growth.
| 3. What are some examples of physical infrastructure projects that can help enhance potential growth in emerging economies? | |
Ans. Examples of physical infrastructure projects include building new highways, expanding public transportation systems, upgrading power grids, and constructing ports and airports, all of which can stimulate economic development and attract investments.
| 4. How can investments in digital infrastructure support small businesses and entrepreneurs in realizing their growth potential? | |
Ans. Investments in digital infrastructure can provide small businesses and entrepreneurs with access to online markets, digital payment systems, and business support services, empowering them to scale up their operations, increase their competitiveness, and expand their customer base.
| 5. In what ways can a well-developed physical and digital infrastructure contribute to sustainable economic growth in a country? | |
Ans. A well-developed physical and digital infrastructure can enable sustainable economic growth by promoting environmental efficiency, reducing carbon emissions, enhancing resource utilization, and fostering innovation in clean technologies, all of which are essential for long-term prosperity and resilience.
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Dec 22, 2024 Last updated |
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