It is universal truth that infrastructure development is a vital component of economic development. Infrastructural development can be identified at various levels of geographical regions such as national levels, zonal levels, state levels and district levels. Today, in the 21st century there is no denying the fact that globally, there is a ‘development gap’ not only between nations but within them as well as within the sub regions of the nations and that this gap varies among regions. The major cause for this development gap is the inadequate development of infrastructure.
In this paper, we examined the impact of infrastructural development on Economic Growth. Study analyzed these factors with graphical data presentation and regression analysis and explored other factors and issues to affect economic growth of region.
Study explored those variables, took as the dimensions of infrastructure have positive but very less impact on economic growth. To overcomethese loopholes, study provided various suggestions and recommendations to the policy makers.
Infrastructure, Rural economy, economic growth
