- Infrastructure development is critical for economic growth.
- It provides essential services like roads, railways, ports, airports, and power.
- It supports industrial development and connects production centers with markets.
- It facilitates rapid, reliable, and cost-effective transportation.
- It helps integrate fragmented markets.
- It can boost aggregate demand in the short run.
- It feeds into the productive capacity of the economy in the long run.
- It improves ease of living and provides equitable access to infrastructure.