🇮🇳 Will India Really Become A Developed Country By 2047? विकसित भारत 2047 Reality Check

#infratalks #india #VikshitBharat #developedindia #india2047 #indiadevelopment India aspires to transition into a developed country by 2047, setting ambitious targets for economic growth, social development, and enhanced global prominence. Despite being the fifth-largest economy globally, India faces challenges such as a relatively low per capita income, wealth inequality, and gender disparity. The government has outlined comprehensive strategies to overcome these hurdles. Economic Landscape: Currently the fifth-largest global economy, India plans to boost its manufacturing sector, increase foreign direct investment, and become a global manufacturing hub. Initiatives are in place to improve infrastructure, making India the second-largest road network globally. The focus on manufacturing and infrastructure is expected to create job opportunities and attract foreign investments. Social Development: To address inequality, the government is concentrating on improving healthcare, education, and skill development. India acknowledges the need for an educated and skilled workforce, emphasizing women’s participation. Efforts to increase literacy rates and reduce gender disparity are crucial for holistic development. Young Workforce: India recognizes its demographic advantage, with a significant young population. Harnessing the potential of this workforce is key to achieving development goals. The government’s plans include investments in research and development, health, education, and skill development to ensure the country benefits from its demographic dividend. Government Initiatives: Government schemes are designed to tackle issues like hunger, poverty, and gender inequality. A significant focus is on reducing wealth inequality, improving the Human Development Index (HDI), and achieving sustainable development goals. Massive spending in these areas is aimed at driving social and economic growth. Challenges: India faces challenges such as gender disparity, low literacy rates, and hunger, as reflected in global indices. However, the government is actively working on initiatives to overcome these challenges and improve India’s standing on global platforms. 2030 and Beyond: India’s vision for 2030 includes substantial improvements in HDI, stable economies, and a decent standard of living. The goal is not merely economic growth but also overall well-being and improved quality of life for its citizens. Conclusion: While acknowledging the journey’s challenges, India’s commitment to becoming a developed nation is evident through government policies, investments, and strategic planning. The target of achieving a $30 trillion GDP and a per capita GDP of $17,590 by 2047 reflects India’s determination to undergo a comprehensive and transformative development. 00:00 - 2:20 - Intro 2:20 - 8:43 - Where we stand in world to become developed country 8:44 - 9:31 - Government Plan 9:32 - 11:45 - Conclusion Copyright Disclaimer : under Section 107 of the copyright act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favour of fair use. Follow Us On Facebook - Follow Us On twitter - Follow Us On Telegram -