Socio-Economic Impact of Select Infrastructure Projects – A Study Based on Howrah Bridge, West Bengal, India
DOI:
https://doi.org/10.46977/apjmt.2021v01i04.05Keywords:
Infrastructure Projects, Socio-Economic Development, Howrah Bridge, Equal Economic Distribution, Exploratory Factor AnalysisAbstract
In India the present economy must be reconstructed. For thatwe need innovative infrastructure such as sanitation, drivable roads and potable water. Formerly, many governments used to finance for infrastructure projects by supportigthese projects. But this support is no longer sustainable in developed countries due to the emerging deficits and sovereign debt. Additionally, infrastructure stimulus packages will reasonably reverse as governments look to bring their financial condition under control. The present research will try to evaluate the socio-economic development by looking at opportunities for economic productivity, socio-economic capability to enhance a sustainable and healthy life with equal economic distribution. The tools used here are Exploratory Factor Analysis mainly, using Principal Component Analysis with Varimax Method of rotation. The study has been done on our heritage bridge i.e Howrah Bridge and it has been sub-divided into various sub-sections based on a structured questionnaire.
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