Introduction

Infrastructure refers to the framework or foundation which supports an organisation or system of a country. The resource is the available amount of sources of a particular place or country that can be made to use in bringing about the construction of something valuable. Infrastructure can have different significance to every individual, where it means the physical construction on the other hand it means the basic needs of a place. In context to the organisational growth and development, the small scale business requires necessary infrastructure for boosting the product quality and leads to the selling of the product in the market. 

Infrastructure and its significance

Infrastructure is the basic facilities that are required in the smooth operation of the country. It combines the physical systems, such as buildings, roads, railways, communication systems, transportation, water, sewage and electric facilities. Small scale business or large scale business needs the infrastructure for smooth operation and increasing the profitability by selling products of the companies. In an economy, infrastructure plays a great role in establishing growth and development. Governments through the fiscal budget confirmed their income and expenditure. Infrastructure is the substantial sector where the care and attention of the governments are most. Infrastructure has a greater impact on the economy; alleviating poverty can be minimised to a great extent by investment in the infrastructure of the country.

Classification of infrastructure

Infrastructure categorization can be done based on activities. The infrastructure can be classified as economical infrastructure and social infrastructure. Economic infrastructure is related to communication networks, transportation, energy, railways, dams, airports, power stations and others. Economic infrastructure facilitates the transportation of goods and services. The economic infrastructure of the country ensures the mobility of capital, labour and resources from one place to another for the growth and development of the country. Social infrastructure assists in the development of human capital formation and human resources. Social infrastructure includes health, education, medical facilities, residential real estate and others. The motive behind this infrastructure is to make skilled, efficient and healthy manpower available in society.

Kerala infrastructure overview 

Kerala is a unique state of India based on infrastructure. It has a higher level of infrastructural services in the social segment as compared with many developed countries. However, the economic infrastructure is less developed than the social infrastructure in the state. There is a deficiency in the manufacturing bases, agriculture infrastructure, transport, irrigation and power generation. The government is striving to complete infrastructural projects such as Kannur airport, light metro, Kochi water metro and other projects. The Railway system of Kerala encompasses the southern part of the railway department of the country. It covers 13 railway routes. The largest coaching division of the state is Thiruvananthapuram Division.

Kerala Infrastructure and economy

The governmental income of Kerala can be derived by optimum utilisation of infrastructures such as toll taxes, railway services, municipal taxes, revenue from the electric sector and others. Economic development is based on the different sectors of the infrastructure and further includes an important place in the financial budget for the government of Kerala. The majority of the income source of Kerala derives from the agricultural sector. In the year 2020-2021 Kerala contributed 4 % in the GDP of India and stands in the 9th largest position in the economy of India. In the year 2021, the Kerala Infrastructure Investment Fund Board (KIIFB) has approved 10 projects worth 932.69 crores which were funded for 64,344.64 crores by financial institutions. The focus of the board behind such an announcement is to revamp the economic infrastructure of the state.

Conclusion 

In context to the study, it can be inferred that it provides a glimpse of different meanings of infrastructure and its utility. It also focuses on the utility of available resources to the local or regional people for enhancing the quality and boosting the growth of the product of the business. Classification of infrastructure is learnt in this study and a basic difference and utility of the resources and available infrastructure. It also states the available resources and infrastructure of Kerala and how they are used for bringing up a better infrastructure for its large and small businesses.