INFRASTRUCTURE INCLUDING SOCIAL INFRASTRUCTURE
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Indian Economy and Indian Financial System — JAIIB.
One-liners from this chapter
Free sample — 8 of 66 rapid-fire Q&A cards.
What is the definition of infrastructure in the context of Indian economic development?
Infrastructure refers to the basic physical and organisational structures and facilities needed for the operation of a society or enterprise, including transport, communication, power, water supply, and social services like health and education.
What is the Hybrid Annuity Model (HAM) used in Indian highway projects?
Mix of EPC and BOT annuity, government pays 40% upfront
Which apex body in India is responsible for coordinating infrastructure financing at the national level?
The National Institution for Transforming India (NITI Aayog) plays a key role in coordinating infrastructure planning and financing at the national level, alongside the Ministry of Finance and the DEA.
What is the Build-Operate-Transfer (BOT) model in infrastructure development?
Private party builds, operates, then transfers asset to government
What is the National Infrastructure Pipeline (NIP) launched by the Government of India?
The National Infrastructure Pipeline (NIP) is a government initiative launched in 2019–20 to invest approximately Rs. 111 lakh crore in infrastructure projects across sectors over FY 2020–25 to boost economic growth and employment.
What is the Engineering-Procurement-Construction (EPC) model for infrastructure?
Government funds project, private party only constructs it
How does the government classify infrastructure into economic and social categories?
Economic infrastructure includes physical systems like roads, railways, ports, power, and telecom, while social infrastructure covers sectors like education, health, water supply, sanitation, and housing that support human development.
What is the National Monetisation Pipeline (NMP) announced by India's government?
Framework to monetise Rs 6 lakh crore of public infrastructure assets
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