Infrastructure Issues in India Term Paper Example | Topics and Well Written Essays - 1250 words

Infrastructure Issues in India - Term Paper ExampleThis paper attempts to evaluate existing infrastructural issues in India and how they affect the countrys overall sparing prospects. Indias poor infrastructure is a huge obstacle towards the countrys overall sparing growth prospects. In essence, India is among the fastest growing economies in Asia and the world in general though its huge growth projects have been hindered by the extremely poor infrastructure found in the subcontinent. The paper win examines the relevant frailties in Indias infrastructure evaluating the available options for improvement and better performance. To underscore the infrastructural issues of India and its needs, the paper testament conduct a comparative analysis among India and China as regards infrastructure. Conceivably Indian infrastructural planning has been below the standards resulting into substandard infrastructures. Economic growth requires adequate and quality infrastructure, which serves as a huge wait on towards development and economical activity. Poor infrastructure, on the other hand, hinders basic economic activities and dilutes governments attention on crucial economic matters. For better economic performance, it is essential to have an infrastructure that can support the economy and its business activities. Therefore, it is of great importance that India elevates its infrastructure to an advanced level that can support its economic and growth perspectives. In essence, India needs to consider the investment in power, energy, healthcare, water/waste management and address policies supporting the development of infrastructure. Such an approach will go along way in boosting the countrys infrastructural levels providing it with the necessary impetus to pursue its ambitious economic endeavors. Statistically, more than half of Indias freight rate and 80 percent of traveler traffic moves on the freeway entanglement, which largely comprises two-lane roads. The count ry has 700 kilometers of thruways, mostly reserved for cars, buses and trucks. Most of the expressways with four lanes run by means of Ahmedabad and Vadodara as well as between Pune and Mumbai. China, on the other hand, has 74,000 kilometers of superhighways up from 147 kilometers in 1989 (Huang 3). Therefore, is far much behind China in the road network and though Indias has ambitious infrastructural projects it will take a long time for the subcontinent to catch up with China. In August 2009, Indian Prime minister Manmohan Singh developed a goal of constructing 20 kilometers of new highways a day as a fraction of efforts to advance infrastructure graded below Kazakhstans and Guatemalas, according to the World Economic Forum. The daily standard was 4.5 kilometers in 2011, according to PricewaterhouseCoopers LLP. India endeavors to expend as much as $1 trillion in fivesome years on power plants, roads, and ports (Sundaram 1). India may use $5.3 billion tripling the span of its ex pressway network to reduce traffic jams that are slowing commerce, squander fuel, in addition to sapping economic growth. The country proposes to add approximately 1,600 kilometers (1,000 miles) of highways with at least six lanes. In an interview, Raghav Chandra -who is the joint secretary at the Ministry of Road post and Highways- confirmed that India has great plans to refurbish its road network so as to create an enabling environment for trade and overall economic