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Business Environment and Law-Infrastructure Of The Economy

Infrastructure Of The Economy Introduction

   Posted On :  04.05.2018 05:26 am

Adequate quantity, quality and reliability of infrastructure are the key to the growth of any economy.

Infrastructure


Adequate quantity, quality and reliability of infrastructure are the key to the growth of any economy. Infrastructure facilities often referred to as economic and social overheads – consists of:

  •   Irrigation: including flood control and command area development

  •   Energy: coal, electricity, oil and non-conventional sources

  •   Transport: railways, roads, shipping and civil aviation

  •   Communications:

  •   Posts and telegraphs, telephones, telecommunications, etc

  •   Banking, finance, and insurance

  •   Science and technology

  •   Social overheads: health and hygiene and education.
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