A healthy infrastructure provides platform for smooth functioning of economic activity. Power, telecom, transportation etc are essential for any business or economic activity. If country wants to be on the growth path it needs to work hard on capital formation in terms of infrastructure.
According to economic survey, India needs $4.5 trillion for sustaining growth rate in India. India can meet upto $3.9 trillion the balance has to be met by private sector. But private sector is facing balance sheet crisis . Projects are facing cost overruns and time overruns. PPP model are not performing well due to lack of consensus. Projects are not getting land and forest clearances. Share of Railway in tariff is on decline due to non-competitive tariff structure.
The other problem faced by some sectors are recurring loss and debt trap. Like aviation sector is facing issues regarding taxation and telecom sector is reeling under the pressure of price war. Most of the infrastructure sector is owned by government sector and hence facing the problem of government policies like delay in policy formulation, corruption , red tapism etc.
KPSC Notes brings Prelims and Mains programs for KPSC Prelims and KPSC Mains Exam preparation. Various Programs initiated by KPSC Notes are as follows:-
- KPSC Mains Tests and Notes Program
- KPSC Prelims Exam 2024- Test Series and Notes Program
- KPSC Prelims and Mains Tests Series and Notes Program
- KPSC Detailed Complete Prelims Notes
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