Infrastructure Development V/S Rural Economy
Dr. M. K. Agarwal Sr. Lecturer
Department of Commerce,
Govt. College, Punwarka (Saharanpur)
INFRASTRUCTURE DEVELOPMENT V/S RURAL ECONOMY
Infrastructure is of great importance for an economy and without developing of proper infrastructure no country can ensure its economic growth. The development of infrastructure in any economy is directly related to the economic welfare of its people. Rural infrastructure includes the roads, finance, transport, electricity, communication and warehousing.
In the context of the Indian economy, infrastructure is of key significance in several crucial areas. The very functioning of an economy is determined by the existence of infrastructural facilities. These are in fact the wheels of an economy. Infrastructure, if properly designed, can be of great help in accelerating growth that will reduce poverty in the country. Though India is an agricultural country where about 72% population of India lives in villages and the rural income is made of mainly agriculture and agricultural wages yet the basic amenities for human life are not available to most of the rural population. Though we know that the rural infrastructure is a key component of rural development and the proper development of infrastructure in rural areas improves rural economy and quality of life yet development of rural areas in India is very slow due to improper and inadequate development of infrastructure.
Infrastructure is the backbone of economy and no country can ensure economic growth and development without proper infrastructure in a place. Agricultural and Industrial development depends largely on infrastructure and without having a sound infrastructure base it cannot be possible. Infrastructure development
Department of Commerce,
Govt. College, Punwarka (Saharanpur)
INFRASTRUCTURE DEVELOPMENT V/S RURAL ECONOMY
Infrastructure is of great importance for an economy and without developing of proper infrastructure no country can ensure its economic growth. The development of infrastructure in any economy is directly related to the economic welfare of its people. Rural infrastructure includes the roads, finance, transport, electricity, communication and warehousing.
In the context of the Indian economy, infrastructure is of key significance in several crucial areas. The very functioning of an economy is determined by the existence of infrastructural facilities. These are in fact the wheels of an economy. Infrastructure, if properly designed, can be of great help in accelerating growth that will reduce poverty in the country. Though India is an agricultural country where about 72% population of India lives in villages and the rural income is made of mainly agriculture and agricultural wages yet the basic amenities for human life are not available to most of the rural population. Though we know that the rural infrastructure is a key component of rural development and the proper development of infrastructure in rural areas improves rural economy and quality of life yet development of rural areas in India is very slow due to improper and inadequate development of infrastructure.
Infrastructure is the backbone of economy and no country can ensure economic growth and development without proper infrastructure in a place. Agricultural and Industrial development depends largely on infrastructure and without having a sound infrastructure base it cannot be possible. Infrastructure development