STRATEGIES OF PHYSICAL INFRASTRUCTURE DEVELOPMENT FOR SUSTAINABLE INDUSTRIALIZATION OF HARIDWAR

Abstract

Industrial Infrastructure in India has been greatly fortified by the policies and grants of the local and central government as well as international investors. The sectors which have the utmost need for the development of Industrial Infrastructure are namely engineering, construction, health, textile, skill-development and others. The government has been formulating strong development policies and promising grants that promote growth in - infrastructure projects for the upliftment of living conditions of the people and their well being. (Compare Infobase Limited, 2012) The practice of industrial development in pre-independent India can be recognised as huge consolidation of industries in culled regions. Eventually, better planning initiatives in this sector accelerated the pace of industrial development and the pattern of development was broadened. However, the problem of industrial consolidation at selected regions far from being resolved was actually exasperated with the passage of time. But gradually the Central along with State Governments interposed in this process by recognising the industrially backward areas all over and granting them incentives and develop physical infrastructure in the industrially backward regions of the nation. Also, through central fiscal grants and incentivized policy formulations, the government tries to attract the investors to invest in industrially backward regions. But it is highly inquistive - whether this approach of interposing through policy formulation sustainable. (Planning Commission, Government of India, 2012) Uttarakhand came into existence as the 27th state of India in the year 2000. Ambitions and hopes for accelerated development underlay the movement for establishment of the new state.