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Industry & Infrastructure- 1 Video Lecture | Indian Economy for UPSC CSE
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FAQs on Industry & Infrastructure- 1 Video Lecture - Indian Economy for UPSC CSE
| 1. How does industry impact the environment? |  |
| 2. What role does infrastructure play in economic development? | |
Ans. Infrastructure, such as transportation networks and communication systems, plays a crucial role in economic development by facilitating trade, investment, and business activities. A well-developed infrastructure can attract investment, create jobs, and improve overall productivity.
| 3. How can industries contribute to sustainable development? | |
Ans. Industries can contribute to sustainable development by adopting eco-friendly practices, reducing waste and emissions, investing in renewable energy sources, and supporting local communities. Sustainable industries prioritize long-term environmental and social impacts over short-term profits.
| 4. What are the challenges faced by the infrastructure sector? | |
Ans. The infrastructure sector faces challenges such as inadequate funding, outdated systems, lack of skilled labor, regulatory hurdles, and natural disasters. Addressing these challenges requires collaboration between the public and private sectors, innovative solutions, and long-term planning.
| 5. How can governments support the growth of industries and infrastructure? | |
Ans. Governments can support the growth of industries and infrastructure by providing incentives, investing in critical infrastructure projects, streamlining regulations, promoting research and development, and fostering partnerships with the private sector. A conducive policy environment is essential for sustainable economic growth.
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