Indian Economic Infrastructure

Economic Infrastructure

Economic infrastructure is the support system which helps in facilitating production and distribution. For instance, railways, trucks, posts and telegraph offices, ports, canals, power plants, banks, insurance companies etc. are all economic infrastructure of an economy. They help in the production of goods and services.

1. Transport

For the sustained economic growth of a country, a well-connected and efficient transport system is needed. India has a good network of rail, road, coastal shipping, and air transport. The total length of roads in India being over 30 lakh km, India has one of the largest road networks in the world. In terms of railroads, India has a broad network of railroad lines, the largest in Asia and the fourth largest in the world. The total rail route length is about 63,000 km and of this 13,000 km is electrified. The major Indian ports including Calcutta, Mumbai, Chennai, Vishakhapatnam and Goa handle about 90% of sea- borne trade and are visited by cargo carriers and passenger liners from all parts of the world. A comprehensive network of air routes connects the major cities and towns of the country. The domestic air services are being looked after by Indian Airlines and private airlines. The international airport service is looked after by Air India.

Indian Railways Provide Wi-Fi Facility First in India is Bangalore Railway Station

Air India and Indian Airlines were merged on August 27, 2007 to from National Aviation Company of India Ltd. (NACIL)

The National Harbour board was set up in1950 to advise the Central and State Governments on the management and development of ports, particularly minor ports

2. Energy

Electrical energy is one of the necessary components of our life. Nowadays, without electricity, we cannot survive in this world of technology. The energy sources are classified under two heads based on the availability of the raw materials used, while generating energy.

1.        Non-renewable energy sources

2.        Renewable energy sources

1. Non-renewable energy sources

As the name suggests, the sources of energy which cannot be renewed or re-used are called non-renewable energy sources. Basically these are the energy sources which will get exhausted over a period of time. Some of the examples of this kind of resources are coal, oil, gas etc.

2. Renewable energy sources

These are the kind of energy source which can be renewed or reused again and again. These kinds of materials do not exhaust or literally speaking these are available in abundant or infinite quantity. Example for this kind include

1.        Solar energy

2.        Wind energy

3.        Tidal energy

4.        Geothermal energy

5.        Biomass energy

Sometimes renewable sources are also called non-conventional sources of energy since, these kinds of materials or these ways of energy production were not used earlier or conventionally.