Infrastructure Flashcards
What is infrastructure?
Supporting installation that is the base of other systems
Give some examples of economic and social infrastructure?
Economic – Road, Railway, port.
Social – health, education, housing .
What are the soft infrastructures of India, US and Japan?
India – English speaking
US – innovation
Japan – discipline
What is the contribution of infrastructure in economy?(5 points)
- GDP growth – 1% increase in infrastructure investment leads to 1.4% increase in GDP.
- Employment.
- Investment.
- Poverty alleviation.
- Human development.
What are the challenges in infrastructure?
- Issues in land acquisition.
- Issues in environmental clearance.
- Lack of skilled labour.
- Issue of finances – cost overrun.
How much is the shortage of skilled labour in infrastructure as per National Skill Development Corporation?
1 crore labour
What are the issues of infrastructure financing in India?
- Economic slowdown.
- Poor capacity of ULB.
- Stiff competition in budgetary allocation from health, education.
- Legal and procedural issues.
How many infrastructure projects are stalled at present? What is their worth?
460 projects worth ₹5.6 lakh crore
What are some government efforts towards infrastructure financing?
- 100% FDI through automatic Route.
- NIIF.
- Infrastructure fund – RBI and SEBI.
- NABFID – National bank for financing infrastructure and development.
When was NABFID established?
2021
What are some government efforts towards infrastructure sector?
- PM Gati Shakti scheme.
- NIIF and NABFID.
- Sagarmala project.
- Bharatmala Pariyojna.
What is PM Gati Shakti scheme?
National master plan for multimodal connectivity
What is India’s 1st sovereign fund?
NIIF
What are some provisions of PM Gati Shakti scheme?
- Dashboard for monitoring different ministries approval.
- Industrial corridors and defence corridors.
- 4G connectivity in all villages.
What is Sagar Mala project?
Port-led development project
What are some features of Sagar Mala project?
- Port led industrialisation.
- Port modernisation.
- Connectivity to hinterland.
- Coastal community development.
What is Bharat Mala Pariyojna? What is its deadline?
Comprehensive programme for highways
2028
What are the components of Bharat Mala Pariyojna?
- Economic corridor.
- Border road.
- Coastal Road.
Who formulated national monetisation pipeline? Which budget?
Niti Aayog
Budget 2021
What is infrastructure investment trust InVIT?
Similar to mutual fund, which can invest only in physical infrastructure
