Role of Social Infrastructure in the Economic Development of India

Infrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function. The term typically refers to the technical structures that support a society, such as roads, water supply, sewers, electrical grids, telecommunications, and so forth, and can be defined as "the physical components of interrelated systems providing commodities and services essential to enable, sustain, or enhance societal living conditions." Social infrastructure refers to those factors which render the human resources of a nation suitable for productive work. India is drastically different in terms of how its labor laws are regulated, how its citizens are educated, and how their health is handled. When considering a country to enter into, Staples should evaluate whether the country has an adequate social infrastructure to foster economic growth. Two major areas in the social sector which requires investment : education and health. For this purpose there is need for heavy investment in developing social infrastructure. It has been documented that the creation of educational and health infrastructure along with safe drinking water and sanitation are essential for the growth of skilled and educated manpower and this helps the process of growth by providing impetus in the social sector development.