3l series life long learning infrastructure development in india with special reference to kerala by shri babu jacob former chief secretary gok & advisor definitions oxford dictionary basic structural foundation of a society or enterprise roads bridges sewers etc regarded as countrys economic services have some elements public good them generally exhibit significant positive externalities difficult price fully cover all costs contain monopoly externality microecon walter nicholson an is said exist when the activities one agent directly affect utility production possibilities another and negative report rakesh mohan 1996 high up front pay back periods typically bulky lumpy investments large initial capital term finance manner which are selected designed funded implemented finally operated would impart on quality major macro implications for country according tenth five year plan documents social education health b energy transport urban water supply sewage sanitationrailways roadsports drainageairports solid waste