Industrial Infrastructure Development, Economic Growth and Regional Industrial Disparity with special reference to Haryana Mathur Sakshi* Baba Mastnath University, Rohtak, Haryana *Corresponding Author E-mail- sakshimathur555@gmail.com
Online published on 2 December, 2023. Abstract The growth of an economy can be seen as a progression of its many sectors moving upwards from current levels to higher levels of performance. The physical structure of facilities required to offer goods and services to the general public is referred to as infrastructure. Empirical investigations and theoretical analysis have been conducted on infrastructure development and provision. Infrastructure is inextricably related to the growth of the economy. Infrastructure consists of long-term structures that provide economic inputs such as road networks, train facilities, power, schools, colleges, and hospitals, among others. Haryana, following its creation on November 1, 1966, began its development process later than the other states in the country. Infrastructure is viewed as a forerunner or pace setter for economic progress, and it is one of the most important determinants of economic development. Infrastructure can be considered the bedrock or foundation of the economy because of its impact on economic development. A large building, for example, cannot stand on a shaky foundation, and agricultural and industrial development cannot be conceived without adequate and robust infrastructure. Agriculture and industry have a direct impact on a country's or region's growth. If sufficient infrastructure facilities are provided, economic progress becomes easier and faster. For agricultural development, essential infrastructure facilities such as an appropriate supply of water for irrigation, storage and transportation facilities, a well-organized marketing network, financial institutions for short and long-term finance, and relevant information are required. With the use of these facilities, agricultural productivity can be enhanced at a cheaper cost, and production can be more diverse. However, additional production will be useless if it is unable to reach the market. As a result, integrated transportation infrastructure is required to carry agricultural products to local, national, and international markets. Top Keywords Infrastructure, Transportation, Economy, Agriculture, Sectors. Top |