Infrastructure Development V/S Rural Economy

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  • Topic: Economic development, Economics, Infrastructure
  • Pages : 5 (1649 words )
  • Download(s) : 157
  • Published : February 25, 2011
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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 affects production and consumption directly and provides multiples support to them. The development of infrastructure in any economy is directly related to the economic welfare of its people.

In the context of the Indian economy, it 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. Since Independence India has covered a long distance to attain the goal of economic development and has made a remarkable progress in various fields. India is an agricultural country where about 72% population of India lives in villages. The rural income is made of mainly agriculture and agricultural wages. The basic amenities for human life are not available to most of the rural population. Development of rural areas is slow due to improper and inadequate provision of infrastructure. Infrastructure is the supporting mechanism that provides basic services. Rural infrastructure is a key component of rural development. The proper development of infrastructure in rural areas improves rural economy and quality of life. It promotes better productivity, increased agricultural income, adequate employment etc. Rural infrastructure includes the following components:

1.ROADS: Rural roads, which are indispensable ingredient of the infrastructure, are generally termed as the roads which posses through rural and agricultural areas, connecting villages to main road and market centers. Improvement in rural roads result in improved market, access reduced transportation costs, optimum utilization of expanded government extension efforts and stimulate agricultural economy. Total length of rural network in India is about 33.4 lakh kms. of which rural roads consists of 26.4 lakh kms. All past efforts by the government could provide connectivity to only 55% of...
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