New Year resolutions for Building the Nation

The infrastructure sector acts as a catalyst for India’s economic growth as it drives the growth of the allied sectors like townships, housing, built-up infrastructure, and construction development projects. A country's economic development may be severely hampered by a lack of infrastructure, particularly if the industry is expanding.

 

 

New Year's resolutions are a time-honored tradition, a chance for individuals to reflect on the past year and set goals for the year ahead. But as we enter a new year, it's important to remember that our actions don't just affect ourselves, but also the areas we live in. With that in mind, here are some New Year's resolutions that can help build the nation of India, with a focus on infrastructure:

 

Assessing the need for infrastructure projects in your area- When a new infrastructure project comes up in your region helps create jobs, boosts the local businesses of raw materials and services, improves access to essential services, and stimulates economic growth. This can include advocating for infrastructure projects, volunteering your time or resources to help with their implementation, or simply using the facilities responsibly, once they are completed.

 

Conserve facilities- Infrastructure isn't merely about building new structures; it's also about maintaining, improving, and upgrading existing ones. A stitch in time saves nine, which also applies to infrastructure! Maintaining the infrastructure results in the precaution from accidents and further damage to life and property.

 

More opportunities in the InfraSector- With exposure, comes more opportunities. Making more opportunities available for aspiring people in various allied fields, in present times, will certainly take the infra sector to a higher level.

 

Collaborations with Education institutes- Learning something comes from theory and practice, while the institutes provide theoretical knowledge the practical knowledge gets from working in the field. Collaborating infra sector with education institutes, especially research institutes will give the students a perspective on practical work on and off-field. It will also give the inspiration to generate innovative solutions for better efficiency and quality of work in the field.

Explore new avenues- The infrastructure sector is not limited to constructing roads and highways, it has a wide range of other categories the waterways, airports and runways, railways, and real estate too. . Exploring new avenues gives a chance to expand the business and to make more opportunities available. This can be promoted with more Expositions, Conferences, and Seminars where there is not just an exchange of ideas and information, but a fresh platform is provided to display new technologies and products that reach those who actually work in the field.

 

 

Making the organization environmentally friendly- Any organization that wants to grow into a future-proof enterprise must be committed to sustainability and change. Implementing the ESG program (Environmental, Sustainability, and Governance) and considering using materials that are environment-friendly, like biodiesel, green fuel, and solar energy will help in reducing emissions. Important steps to make your business aligned with global initiatives and also responsible environmentally. With the Indian Government's focus on achieving zero emissions by 2070, it is a perfect time to start focusing on making the infra sector sustainable.

 

Contributing to Society- Most organizations have CSR activities. One way to apply the CSR benefits would be sponsoring the construction of a small developmental project like a garden for green initiative and social welfare or a travel junction in remote regions with amenities for travelers taking long journeys by road in the infra sector.

 

 

Over the past 5 years, India has made significant progress in building and improving its infrastructure. The government has invested heavily in the construction of roads, railways, airports, and ports, and has also made efforts to improve the power sector and telecommunications network. By investing in infrastructure projects through initiatives like Gatishakti and the Bharat Mala Pariyojana, India is heavily invested in improving connectivity and access to essential services.

 

To create a $5 trillion economy by 2025, the government has designated more than 103 lakh crores for infrastructure projects and acknowledged more than 6500 initiatives. For instance, GatiShakti is a massive "productivity" booster initiative for the infrastructure sector. With the help of this project, the enormous delays brought on by a large number of approvals and the slowly completed clearances will be reduced with a single-window approval.

 

Numerous road infrastructure projects, gas pipeline initiatives, and industrial expansion have all been ongoing since 2019. The government has suggested spending $750 billion on railway infrastructure between 2018 and 2030. Despite the difficulties that countries are experiencing due to the pandemic, India's infrastructure sector has shown exceptional growth, broken records, and contributed to the expansion of the country's economy.

 

Abiding by even a couple of these new year's resolutions will make the magic work. The community, infra companies, and the Government policies all have to operate in tandem to enjoy and experience the “Samruddhi maha marg” of progress and enrichment.