Poor public works and infrastructure

There is a huge need and a huge opportunity to get everyone in the world connected, to give everyone a voice and to help transform society for the future. The scale of the technology and infrastructure that must be built is unprecedented, and we believe this is the most important problem we can focus on.
– Mark Zuckerberg
To accomplish sustained poverty reduction, nations like Indonesia should seek financial development that includes and benefits the poor. The development of the poor is a necessary aspect in order to meet the UN (United Nations) Development Goal (MDGs) which has a set focus fo various difficulties in varied sectors (agriculture and income, education, health, water and sanitation). Although infrastructure hasn’t been distinguished as a direct MDG target or indicator, the arrangement of infrastructure is essential in facilitating financial growth and local development. Without sustainable infrastructure development, a large number of MDG targets may not be met. Investing in infrastructure might be a source of livelihood for many people. The development and upkeep of such infrastructure needs labour and this creates opportunities for people to get a job. The utilization of local resources also bring about the betterment of the economy of the neighbourhood. Although India is the world’s fourth largest economy, lack of good infrastructure is a cause of major obstruction to a huge amount of growth and development. Physical infrastructure has a direct impact on economy and may cause people to invest money in India.

While infrastructure in India is still developing, there are a plethora of issues which need to be addressed in order to curb poor infrastructure. A few of such examples are:
• A stark division between production and demand of electricity detrimenting both manufacturing and overall growth
• Roads are a popular means of transport. They are cheap and easy to avail and can take us to most places in our daily lives. Roads act as a backbone for transportation in India. The poor conditions of the roads thus effect the quality, speed and the wide reach of transport here.

It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics, because discrimination, poverty and ignorance restrict growth, while investments in education, infrastructure and scientific and technological research increase it, creating more good jobs and new wealth for all of us.
– William J. Clinton
India’s ambition of keeping in pace with its extremely fast pace of growth depends largely on infrastructure. The infrastructure available in India is till date inadequate and insufficient for such a growing nation. Infrastructure development is the main priority for improving India’s manufacturing competitiveness and as a result cause higher growth. Even for budgeted projects, timely execution is a challenge for many. Although things such as power generation and transmission is on the rise, the declining condition of transportation infrastructure forces a limit onto corporate performance and investments. If developed successfully, good infrastructure may benefit a myriad of sectors and be an overall boost to the country’s economy. However, large sums of money are necessary for such infrastructure to take place. It is important to first fill up the infrastructure deficit before thinking about going for better infrastructure for future growth. The cost for transport in India (around 15% of the country’s GDP) as well as China(around 18-20% of the country’s GDP). The GST (goods and service tax) aims at fixing the negative effects of different layers of taxes across the state and the central governments, causing much help to logistics and infrastructure companies.