A Study on the Growth and Extent of Economic Infrastructure Development of Haryana

Abstract

The building of new infrastructure is an extremely important component of overall economic growth. Infrastructure is viewed as both a pacesetter and a predecessor for the expansion of an economy, and it is also regarded as one of the most significant determinants of economic growth. The levels of economic development are directly proportional to the levels of infrastructure that already exist. There are a few prerequisites that need to be met in order to accomplish the goal of sustainable development, which is to improve everyone's standard of living. The development process as a whole is significantly impacted by infrastructure. The importance of infrastructure to economic growth has been discussed at length by a number of economists. In fact, developmental activities depend upon infrastructure facilities. It is thought of as the necessary step before development can occur. If we are to fulfill our professed purpose of a self-accelerated process of economic development, then progress in development must be preceded, accompanied, and followed by progress in infrastructure. This paper studied the growth of economic infrastructure development of Haryana.