Question

Study the following information and compare the Economies of India and Singapore on the grounds of ‘Investment in infrastructure as a percentage of GDP’

Some Infrastructure in India and other Countries, 2018
Country	Investment* in Infrastructure as a % GDP	Percentage of people using safely managed		Mobile Subscribers/100 People	Consumption of energy (mL tonnes of oil equivalent)
		Drinking Water Sources	Sanitation Services
China	44	96	72	115	3274
Hong Kong	22	100	92	259	31
India	30	94	40	87	809
South Korea	31	98	100	130	301
Pakistan	16	35	64	73	85
Singapore	28	100	100	146	88
Indonesia	34	87	61	120	186

Sources: World Development Indicators 2019, World Bank website: www.worldbank.org.; BP Statistical Review of World Energy 2019. 69th Edition.

Note: (*) refers to Gross Capital Formation.

Answer 1

‘Investment in infrastructure as a percentage of GDP’ is that proportion of Gross Domestic Product which is invested for the development of infrastructural facilities in a country.

According to the given data, it is evident that India is contributing 30% of its total GDP on infrastructural progress, which is just a notch above the corresponding figure of 28% for Singapore.

Considering the vast geography of India this is a relatively lower proportion in this direction. If India wants to grow at a faster rate, it must concentrate on higher judicious investment in the development of infrastructure.