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“Lack of Infrastructural facilities has retarded the process of economic development in India.” Explain the statement. - Economic Applications

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प्रश्न

“Lack of Infrastructural facilities has retarded the process of economic development in India.” Explain the statement.

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उत्तर

“Lack of infrastructural facilities has retarded the process of economic development in India” means that inadequate infrastructure has hindered growth. Infrastructure includes transport, communication, energy, irrigation, banking, and public services. Poor infrastructure has caused low agricultural productivity because a lack of permanent irrigation limits farmers to one crop a year and reduces yields. Industrial growth has slowed due to shortages of power, inefficient transport, and limited banking facilities, which also reduce foreign investment interest. India’s vast natural resources remain underutilized without proper infrastructure. Low power availability keeps living standards low. Most infrastructure development is urban-centric, increasing pressure on scarce cultivable land in rural areas. Inadequate transport systems cause overcrowding, slow speeds, high costs, pollution, and accidents, all restraining economic progress and quality of life in India.

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अध्याय 10: Economic Infrastructure - QUESTIONS [पृष्ठ १३८]

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जे. पी. गोयल और कौशल गोयल Economic Applications [English] Class 9 ICSE
अध्याय 10 Economic Infrastructure
QUESTIONS | Q 7. | पृष्ठ १३८
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