Need for a new approach
Today there is a common opinion shared between government, society and industry that infrastructure is very crucial for achieving growth in an economy. Despite announcing an open door policy, India is still ranked among the bottommost countries in the World Competitiveness Report.

Millennium Budget and infrastructure
The Indian economy after many years of low growth and malfunctioning seems poised for a robust growth and overall development. Also, the economy has now fairly adjusted to reforms and most sectors are performing way above average.

Need to play proactive
Infrastructure development issues are currently being debated at high level seminars and specialised opinions being sought on the subject. The growing inadequacy of infrastructure in terms of both quality and quantity has resulted in such debates.

Removing infrastructural bottlenecks
Infrastructure is an area which is highly debated upon today. Crores of rupees are being spent on setting up committees and bodies, for carrying out case studies and feasibility reports. But at the end of all this nothing much is achieved and there is waste of precious time and project delays.

How have they performed?
It is not that India has not progressed at all where growth in infrastructure services is concerned. There has been a distinctive improvement in the core infrastructure performance.

"Do away with corruption"
Today for India to achieve overall balanced economic development it is essential to boost the housing activity. And the government is rightly doing so. Giving a push to housing will not only help India achieve a higher GDP growth.

Shape of things to come
Investment in infrastructure is crucial to support a higher level of industrial growth. World Bank studies have shown that one per cent growth in infrastructure translates into a one per cent growth in the economy.