3. INTRODUCTION
• Infrastructure, in general, defines as a set of facilities through which goods and services are provided
to the public. Infrastructure is the stock of basic facilities and capital equipment needed for the
functioning of a country or area; the term to refer collectively to the roads, bridges, rail lines, and
similar public works that are required for an industrial economy, or a portion of it, to function.
• The total investment in infrastructure in 2016–17 was estimated to be around 6-9% of GDP.
• According to BUDGET Plan, the total investment in infrastructure required is 9% and 11% in the
ending years.
• According to the budgeted plan, the total investment in infrastructure required is 7.5%
• GDP growth averaging 9% per year can be achieved only by
• overcoming infrastructure deficit.
• adequate investment takes.
• Achieved through a combination of public investment, public-private-partnerships (PPPs) and
exclusive private investments
[Source: www.planningcommission.nic.in]
4. OBJECTIVES OF THE STUDY
o To examine the
theoretical framework of
infrastructure.
o To analyse the socio
economic relationship
between
infrastructure
5. NEED OF THE STUDY
• Every economy either developing or developed counrty has two
kinds of main basic objectives:-
• Providing basic needs and facilities to their population
• Achieving higher growth rates.
The need for studying importance of infrastructure growth and development. How
infrastructure plays a dynamic role to fulfil their growth targets as well as achieving
higherlivingstandards of theirmass population.
9. PROJECTED INVESTMENT IN
INFRASTRUCTURE IN THE ELEVENTH
PLAN
270,724
322,390
390,957
482,455
593,666
0
100000
200000
300000
400000
500000
600000
700000
2007-08 2008-09 2009-10 2010-11 2011-12
(Rs.crore)
Projected Investment in Infrastructure in the Elevent Plan (Rs. 20,60,193 crore)
[Data Source: www.planningcommission.nic.in]
10. • Rs. 27,000 crore to be spent on roadways.
• 65 eligible habitats to be connected via 2.23 lakh kms of road. Current
construction pace is 100 kms/day.
• Shops to be given option to remain open all seven days in a week across
markets.
• Rs. 55,000 crore for roads and highways. Total allocation for road
construction, including PMGSY, - Rs 97,000 crore.
• India's highest-ever production of motor vehicles was recorded in 2015.
• Total outlay for infrastructure in Budget 2016 now stands at Rs. 2,21,246
crore.
UNION BUDGET 2016-17
HIGH LIGHTS ON
INFRASTRUCTURE
11. • New greenfield ports to be developed on east and west coasts.
• Revival of underserved airports. Centre to Partner with States to revive small
airports for regional connectivity.
• 100 % FDI in marketing of food products produced and marketed in India.
• Dept. of Disinvestment to be renamed as Dept. of Investment and Public
Asset Management.
• Govt will amend Motor Vehicle Act in passenger vehicle segment to allow
innovation.
• MAT will be applicable for start ups that qualify for 100 % tax exemption.
• Direct tax proposals result in revenue loss of Rs.1060 crore, indirect tax
proposals result in gain of Rs.20,670 crore.
UNION BUDGET 2016-17
HIGH LIGHTS ON
INFRASTRUCTURE
12. • Focuson making India a manufacturing hubto ensure employment toouryouth. Make In India to promote
entrepreneurship by making ouryouth job creators than being job seekers.
• National Investment & Infrastructure Fundannounced.
• Through PPP (Public private partnership)model. Public investment to bestepped upto catalyze private investments.
• Increased Budgetary allocation to Roads & Railways; Tax-free infra bonds for Rail, Roads transport projects.
• 5 Ultra Mega power projects, of 4000 MW announced.
• Ports in public sector will beencouragedto corporatize & become companies under companies act
15. • Country economic growth improves
• Improves Job Opportunities
• Improves Sector development
ADVANTAGES OF PROMOTING INFRASTRUCTURE
16. DIFFICULTIES IN PROMOTING
INFRASTRUCTUREThe Urban infrastructure
problems in India are:
• Urban residence
• Business premises
• Power
• Urban transport
• Water
• Airports
• Railways
• Seaports
• Roads
• Bridges
• Solid waste management
• Health care
• Entertainment
• Communications
The Rural infrastructure problems in
India are:
Power
Irrigation
Drinking Water
Rural housing
Roads
Health care
Education
Telecommunication
17. CONCLUSION
• Increase Private participation to fund the deficit in investment to attain GDP growth rate
of 6-9%
• Development of the infrastructure sector is crucial to the growth of the Indian economy.
Sustainable development can only be attained through a careful analysis of the factors
that have mitigated growth in the past, and thereafter, taking the appropriate corrective
measures.
• Over the last decade, the Indian government has made significant efforts to eliminate
bottlenecks in these areas. It has initiated policies and schemes such as ECs/EIs and
Model Concession Agreements to increase the inflow of private sector investments and
make thebidding process for projects more transparent.