Importance of infrastructure in Indian economy
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Gaurav Seth 5 years, 3 months ago
Infrastructure refers to all such services and facilities, which are needed to provide different kinds of services in an economy and which are essential in raising the place of economic growth of a country.
It contributes to economic development of a country both by raising the productivity of factors of production and improving the quality of life of its people.
It provides supporting services in the main areas of industrial and agricultural production, domestic and foreign trade and commerce.
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