|
Infrastructure
Power
Telecom
Railways
Airlines
Ports
Roads
Postal System
Minerals
Coal
Oil
Dams
Overview
Demographics
Entertainment
India - News
Site
Map
Search site
Subscribe
Karmayogi
|
|
 |
|
Infrastructure
in India
|
The
term 'Infrastructure' generally refers to the physical framework of facilities through
which goods and services are provided to the public. Its linkages to the economy are
multiple and complex. Infrastructure affects production and consumption directly, creates
spillover effects on every sector of the economy and generally requires huge investments.
Industrial Production Index
Source: Central Statistical Organization, India
(Base 1993-94 = 100)
| 1997-98 |
2001-02 |
| 142.5 |
172.7 |
Index of Infrastructure Industries
Source: Ministry of Commerce and Industry, India
(Base 1993-94 = 100)
| 1997-98 |
2001-02 |
| 134.5 |
163.57 |
Note:
Infrastructure includes Electricity, coal, steel, cement, crude petroleum
and petroleum refinery products.
Potential for growth in Infrastructure
The
following facts illustrate the enormous potential in this sector inspite of the increased
investment over the past two decades:
At
the aggregate level the total investment in infrastructure increased from about Rs 60
million (US$ 1.71 billion) in 1980-81 to about Rs 290 billion (US$ 8.29 billion) in
1990-91 to about Rs 500 billion (US$ 14.28 billion) in 1994-95 at current prices and
almost $30 billion as of 1999.
As
a proportion of GNP, total investment in infrastructure ranged from about 4.5 percent to 6
percent. Gross Domestic Investment in infrastructure constituted 20-25 percent of the
total Gross Domestic Investment in the country. This compares favourably in other
developing countries of the world.
Estimates
indicate that annuall infrastructure investments are projected to rise from about Rs 600
billion (US$ 17.14 billion) in 1995-96 to Rs 1,070 billion (US$ 30.57 billion) in 2000-01
and Rs 1,800 billion (US$ 51.42 billion) in 2005-06 at 1995-96 prices. This implies that
the total infrastructure investment requirement in India during 1996-97 to 2000-01 amounts
to Rs 4,300 billion (US$ 122.85 billion) and Rs 7,400 billion (US$ 211.42 billion) in the
following five years (2000-01 to 2005-06).
With
the advent of liberalisation it should be possible for the Indian economy to achieve a
growth rate of 7-8 percent per annum in the new century. It is necessary that huge
investments are injected in the infrastructure sector to sustain and consolidate the vital
linkages amongst the various sectors of the growing economy.
|
|
Fast
Facts:
- Infrastructure is the key to India's success.-
FDI inflows from 1991-99 have added upto $60 billion, which is amongst
the highest in the world.
|
