State of Infrastructure in India
The government has been trying to improve the infrastructure since independence but still the investment in providing infrastructure have been proved to be inadequate. Today, the private sector is playing a major role in improving our infrastructure.
Our population is concentrated in the rural areas where people still use biofuels like dung, firewood and crop residues. They have to walk long distances to fetch water and other basic needs. The 2001 census shows that only 56% of the rural households have electricity and about 93% still use biofuels for cooking. Water resources are limited and more than 76% use water from open sources like wells and ponds. A survey conducted by NSSO pointed out that the access to sanitation was only 6%.
When compared to other nations, the infrastructural facilities in India are quite backward. We invest only 5% of our GDP on infrastructure which is much less when compared to China and Indonesia. Economists predict that India will have the third biggest economy in the world a few decades later. If that has to happen, we have to boost our infrastructural development. As income levels rise, there will be a rise in there will be an increased need for infrastructure too. For low income countries, basic infrastructural facilities like irrigation, transport and power are essential. As the countries develop dependence on agriculture lessens while need for service oriented infrastructure rises. This is the reason for the share of power and telecommunication being more in developed countries.
The development of an economy is greatly influenced by the development of the infrastructural facilities of the economy. Lack of proper infrastructure will be a barrier in the growth of a nation.