At present, more than 50 per cent of projects are stuck at various stages of implementation due to variety of regulatory hurdles and sector specific bottlenecks leading to significant time and cost overruns. Role of infrastructure in inclusive development 3. Before we turn to examining the role of Infrastructure; let us first look at what is meant by infrastructure.
Investopedia defines infrastructure as the 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. Thus, infrastructure can be understood as the support structures that facilitate production of goods and services, distribution of finished products to markets, as also the basic social services such as schools and hospitals.