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The availability of adequate, efficient, and affordable infrastructural facilities - both economic and social - constitutes the core of development strategy and efforts. In the absence of infrastructure services, enterprises are forced to seek higher-cost alternatives which impact profits and production levels adversely. In India, the demand for infrastructural services has increased rapidly since industrial liberalization of the economy. Unfortunately, infrastructural bottlenecks remain the biggest stumbling block of industrial progress in the country. By their very nature, infrastructure projects involve huge initial investments, long gestation periods, and high risk. This book examines the problems and inadequacies of various sectors of economic and social infrastructure in India. Changes in infrastructure policy and new institutional arrangements for infrastructure development are also discussed.
This book provides the latest research findings on the ways to revive and sustain higher growth rates in India.
Contents Include : Spatial Disparities In Infrastructure And Its Impact On Economic Growth : Evidence From India; Infrastructure Needs In India : An Input-Output Analysis; Infrastructural Development And Regional Disparity A District-Level Analysis; Indian Power Sector An Overview; Power Infrastructure In India : Performance Is Yet To Reach Desirable Level; The Economics Of Infrastructure And Power Sector Reforms; Impact Of Infrastructure On Economic Development : A Study Of Indian Transport Sector; Some Issues In Indian Mobile Telecommunication; Health, Education And Human Development; Financing Of Education In India; Healthcare Provision In India; Financing Of Health Infrastructure In India.
Contributed articles.
The development of any contemporary economy is affected by numerous factors. By creating stable infrastructures, countries can more easily thrive in competitive international markets. Social, Health, and Environmental Infrastructures for Economic Growth is a comprehensive source of academic material that examines the impact of infrastructure development on modern economies. Highlighting relevant perspectives on topics such as employment, rural development, and energy production, this is an ideal reference source for researchers, students, professionals, practitioners, and policy makers interested in the social, health, and environmental infrastructures in contemporary economies.
The stellar performance of the Indian economy, being widely publicized as the success of the democratic setup of the country, has drawn admirable attention from the rest of the world. But vis-à-vis this tinsel growth story, its democratic deficit also makes itself manifest in the rising number of the underclass who have not benefited from this growth. Even with 11 Five Year Plans, India is still to ensure food, drinking water, basic education and healthcare for all. On the other hand, despite a near double-digit growth, the Indian economy is on the throes of infrastructural deficits, posing serious threat to its growth potential. Sustained economic growth requires investments in critical infrastructure such as roads, railways, airports and even swanky malls and hotels for its super rich. Which way should India go? This paper explores the contradiction of India's economic growth which has failed to touch the lives of its poor and suggests that much of its policy dilemma can be resolved in the light of the Millennium Development Goals (MDGs) -- the widely accepted benchmark for acceptable level of poverty, hunger, child mortality and other parameters of human well being.
The infrastructure of a country has significant effects on both the lives of its citizens and its place in international markets. As such, it is imperative to develop policies to promote the quality of a nation’s infrastructure. The Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development is a pivotal reference source for the latest scholarly research on various initiatives and policies developed to enhance the current infrastructure of modern nations. Including the role of economics, finance, and multiple industry perspectives, this book covers a range of pertinent topics such as R&D initiatives, foreign direct investment, and trade liberalization, and this publication is an ideal reference source for researchers, academics, practitioners, and students interested in recent trends in infrastructure development.
A book of Indian Economic Development on Indian Economy.