Skip to main content

For India to achieve ambitious goals of Viksit Bharat 2047, the economy must grow at over 7% annually

By NS Venkataraman* 
Observers of India, both domestic and international, often note the nation’s deep political divisions and contentious debates. Media coverage, particularly in India and parts of the West, frequently focuses on political confrontations and inflammatory statements by politicians, overshadowing significant developments in economic, industrial, social, and cultural domains. This disproportionate focus contributes to a skewed perception of the country's progress, despite substantial advancements occurring across various sectors.
India's parliamentary proceedings often feature more disruptions than constructive dialogue. Disruptions, shouting, and walkouts have become commonplace, reflecting a broader trend of political indiscipline. While many citizens express concern over this behavior, others view it as an inherent challenge of democracy—a system where freedom of expression sometimes comes at the cost of decorum. Comparisons with other democracies suggest that such challenges are not unique to India.
Despite the political noise, Prime Minister Narendra Modi has maintained a sharp focus on governance. His administration is driving a transformative vision for India, encapsulated in the "Viksit Bharat 2047" initiative. This roadmap envisions India as a developed nation by its centenary of independence, emphasizing inclusive development, sustainable growth, and effective governance.
For India to achieve this ambitious goal, the economy must grow at over 7% annually, reaching a $30 trillion GDP by 2047. This target demands holistic progress across multiple domains, including social reform, equitable income distribution, improved education standards, infrastructure development, industrial advancement, and enhanced quality of life.
The Modi administration has introduced several initiatives aimed at comprehensive development:
Cultural and Social Programs: Promotion of yoga, the Swachh Bharat (Clean India) campaign, and women empowerment programs.
Economic Reforms: Initiatives like Startup India, Make in India, One Nation One Tax (GST), and One Nation One Ration Card have been implemented to boost entrepreneurship, simplify governance, and improve economic inclusivity.
Infrastructure Development: Significant progress in building roadways, modernizing railways, upgrading airports, and ensuring access to clean drinking water.
Digitalization and Health: Programs promoting digital adoption, universal health insurance, and the issuance of health cards.
Sustainability and Green Goals: India has committed to achieving net-zero emissions by 2070. Efforts to meet this target include renewable energy projects, expansion of electric vehicle production, and green energy initiatives, all monitored at the highest levels of governance.
India's economy, now the fifth largest globally at $3 trillion, is on track to become the third largest in the next three years, with a target of $5 trillion.
India’s complexity—with its diverse cultures, languages, and a population exceeding 1.4 billion—poses significant governance challenges. Persistent issues such as poverty, corruption at local levels, and caste-based conflicts remain hurdles. Managing these within a democratic framework requires exceptional leadership characterized by vision, commitment, and integrity.
Prime Minister Modi’s administration, despite political challenges and criticism, demonstrates resilience and determination to implement reforms and drive progress. With a clear focus on achieving the Viksit Bharat 2047 vision, his governance reflects a commitment to holistic growth and long-term development. While challenges remain formidable, Modi’s focused leadership continues to chart a progressive path for India’s future.
---
*Trustee, Nandini Voice for the Deprived, Chennai

Comments

Post a Comment

TRENDING

Xi Jinping’s visit to USA: Recognition that China can't be contained?

By Vijay Prashad   President Xi Jinping’s forthcoming visit to the United States must be understood as more than an encounter between two heads of state, but it must be seen as an encounter between two possible futures. In one future, the United States imposes a spiral of confrontation against China. Trade disputes harden into economic warfare, then economic warfare intensifies into technological blockades, technological blockades produce military encirclement, and finally military encirclement creates incidents, and incidents the danger of becoming an unimaginable war.
Post a Comment
»

Swaminarayan, untouchability and the 'we are not Hindu' argument

By Rajiv Shah   Following my blog on why the Eiffel Tower authorities should take all the blame for giving in to the Swaminarayan sadhus ’ bizarre demand to “invisibilise” women, including its female staff, during their visit to the internationally renowned Paris tourist centre on September 5, an interesting comment by one of the top academics drew my attention to something I vaguely knew about one of India’s most powerful and richest religious sects.
Post a Comment
»

From margins to microphones: The rise of Dalit hip-hop in India

By Tersina Maria Toppo*  A protest does not always arrive as a slogan shouted from a street corner. Sometimes, it arrives on a beat. A microphone replaces the megaphone, a music video becomes a public square, and the smartphone becomes the space where a history once pushed to the margins is narrated, debated, and shared.
2 comments
»