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Industry & Infrastructure- 2 Video Lecture - Indian Economy for UPSC CSE
FAQs on Industry & Infrastructure- 2 Video Lecture - Indian Economy for UPSC CSE
| 1. What are the key challenges faced by the industry and infrastructure sector? |  |
Ans. The industry and infrastructure sector faces several challenges such as inadequate funding, outdated infrastructure, skilled labor shortage, regulatory hurdles, and environmental concerns. These challenges hinder the growth and development of the sector.
| 2. How does the industry and infrastructure sector contribute to economic growth? | |
Ans. The industry and infrastructure sector play a vital role in economic growth by generating employment opportunities, attracting investments, improving productivity, and facilitating trade. The development of modern infrastructure also enhances the overall competitiveness of a country.
| 3. What are the major types of infrastructure projects in the industry sector? | |
Ans. The major types of infrastructure projects in the industry sector include power plants, manufacturing facilities, transportation networks (roads, railways, airports), communication networks, and water supply systems. These projects are essential for supporting industrial activities and economic growth.
| 4. How does the industry and infrastructure sector impact sustainable development? | |
Ans. The industry and infrastructure sector can have both positive and negative impacts on sustainable development. On one hand, it contributes to economic growth and technological advancements, but on the other hand, it can also lead to environmental degradation, resource depletion, and social inequalities. Therefore, it is important to ensure that industry and infrastructure development is carried out in a sustainable and responsible manner.
| 5. What are some government initiatives to support the industry and infrastructure sector? | |
Ans. Governments often implement various initiatives to support the industry and infrastructure sector. These initiatives may include investment incentives, tax breaks, streamlined regulations, public-private partnerships, and infrastructure development plans. Such measures aim to attract investments, promote economic growth, and ensure the development of robust infrastructure systems.
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