Question 1 · 10 marks · 158 words written
Opening · a figure
Infrastructure needs to be around $55Bn p.a. for the next 15 years as per World Bank estimates.
It adds to the productive capacity of the economy.
Body · points
- Necessity for Economic t/f:
Creates linkages between sectors
Leads to higher GDP growth
I↑ → Y↑ → C↑ → virtuous cycle
Leads to Economies of scale
Reduces time for transportation and logistics cost.
- Precursor to Social t/f:
- Balanced Regional Development → Rural connectivity → Prevents stressed migration
- Opportunities to SHGs, MSMEs.
However, rising cases of safety lapses have arisen:
Road: Highest accidents & Death in India
Railways → Recent Balasore Event.
Reasons:
knee jerk Repairs and not pre-emptive.
lapses in PPP agreements.
Less Allocation to maintenance than new projects.
Thus, various committees have recommended safety:
Anil J. committee →
- Railway Bridges & underpasses
- man-less crossings, etc.
Close · a summary
Thus, safe Infrastructure will only lead to Inclusive Infrastructure.