Monday, June 22, 2009

Rural Infrastructure - Essential for survival of India

Prime Minister Dr. Manmohan Singh : Our growth potential will be realized only if we can ensure that our infrastructure does not become a severe handicap.

Dy. Chairman – India Planning Commission Montek Singh Ahluwalia: One of the critical constraints which holds back our growth rate is really the quality of infrastructure

Ex – Finance Minister P. Chidambaram : Infrastructure development is essential to sustain high growth rates in future


World Bank’s “ Global Competitiveness Report 2007-08 " : ‘Inadequate supply of infrastructure in India’ - India ranked 48th out of 131 counties in the Global Competitive Index 2007 - Ranked 67th on the quality of infrastructure - India lags behind in infrastructure facility usage compared to US & China.

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