Infrastructure for India's Development

T. R. Satish Chandran

Journal of Social and Economic Development, 1998, vol. 1, issue 2, 5-27

Abstract: The main message sought to be conveyed in this paper is that if the Indian economy is to perform well and be globally competitive. with a consistent growth rate of 7 to 8 per cent. the infrastructure needs to be greatly strengthened. The investments required will be very large and private sector participation, domestic and foreign, has to be encouraged. The tendency to cut down allocation for infrastructure in the public sector plan is unwise and needs to be reversed. At the same time, the reform of public sector enterprises to make them financially viable, efficient and competitive should be taken up aggressively.

Date: 1998
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