Page 56 - Abhivruddhi

challenge because we are a 1.35 billion population as compared to other
countries, who were struggling to control the COVID situation.
This drive required giving a focused and persistent attention to the
medical requirements, the hospitals, tracking the growth and fall of
infected population and taking precautionary steps in every part of the
country to keep things under control and curb further infections, This
Government did their level best and came out with flying colours.
Since the focus of the Government was on controlling the COVID
situation, and rightly so, the focus on quick implementation of other
policies took a back seat in these times.
The COVID period was the major scenario that changed the track
pattern for growth of economy all around the globe. Of course, There are
some other reasons that have affected the growth of our economy too,
and that is because, we are an extensive, expansive and actively thriving
economy now with the fastest GDP growth rate in the world!
And needless to mention, our economic growth also depends on the
other countries too.

Infrastructure development contributing to the rising economy:
As far as our country is concerned, there are some key sectors where
we as a country will be doing very well.
The first one is the infrastructure sector.
The second one is a SMEs.
The third one is agriculture.
The fourth is automobile.
And then comes manufacturing.
Because we are an agriculture-based country, construction equipment
industry and manufacturing sectors become important. Then along with
this the IT holds promise. If we look at all these sectors, the infrastructure
sector is rated on the top in the authors view, because in the coming years
we are expected to become the third largest construction market globally
by 2022.
India has a requirement of an investment worth Rupees 50 trillion
across infrastructure by 2022 for sustainable development in the country.
There are many attractive opportunities to reach this position at the global
level. As far as India is concerned, only 24% of the National Highway
network in India, is with four lanes. Therefore, there is an immense scope
for improvement from two lane to four lane and four lanes to six lanes,
across the country.

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