ANALYSIS OF FINANCIAL STRUCTURE OF RAJASTHAN STATE ROAD DEVELOPMENT & CONSTRUCTION CORPORATION LTD

Invention of wheel paved the way for the dawn of human civilization on this earth. Much headway has been made since then in the field of roads. Today in the complex process of economic and industrial development highway plays a unique role in the field of production, marketing, mining, industry trade and commerce and in communication. In fact, roads & bridges has become an essential infrastructure of the economic development of a country. Development of roads is crucial not only because of the services it renders in the movement of people and goods from one place to another but its significance lies more in the fact that it exerts an unifying and integrating influence over the whole economy and thus helps in enhancing the productivity, opening of new markets and giving a Phillip to the industrial and economic activity of the nation. After independence, particularly after 1951, India has taken great strides on all fronts through planned economy. Roads have become an essential infrastructure for the economic and intestinal development of our country. Mobility and accessibility made possible by developed highways, bridges etc have proved key factors in the achievement of economic, social and political progress of India. A high degree of mobility has had a pervasive influence on the life style of the people. The industries and service that support the transportation system in the country today represents the latest combination of our economic activity. The development of highways has not only helped the growth of trade and industry in India but it has also helped in the achievement of a wider objective of national unity and integration. India is a developing country wedded to the policy Scholarly Research Journal's is licensed Based on a work at www.srjis.com SRJIS/BIMONTHLY/ ROHIT BERWAL (508-524) JULY-AUG, 2015, VOL-3/19 www.srjis.com Page 509 of establishing a socialistic pattern of society. Of late, our government has shifted its policy to liberalization of economy.