Infrastructure constitutes all the support structures like Transport systems, communication facilities, etc. It has much importance for the development of a state or country.
According to the Economic Survey, India needs to invest approximately USD 1.4 trillion in infrastructure over the next five years in order to achieve a GDP of USD 5 trillion by FY’25.
India spent approximately USD 1.1 trillion on infrastructure in the financial years 2008 to 2017. There is a big challenge ahead of us, though, according to the Economic Survey 2021-22.