{"id":41625,"date":"2025-04-19T20:04:49","date_gmt":"2025-04-19T14:34:49","guid":{"rendered":"https:\/\/www.nextias.com\/ca\/?p=41625"},"modified":"2025-04-19T20:06:01","modified_gmt":"2025-04-19T14:36:01","slug":"viksit-bharat-developed-india-by-2047","status":"publish","type":"post","link":"https:\/\/www.nextias.com\/ca\/current-affairs\/19-04-2025\/viksit-bharat-developed-india-by-2047","title":{"rendered":"Viksit Bharat (Developed India) by 2047"},"content":{"rendered":"\n<p><strong>Syllabus: GS3\/Economy<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Context<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Lok Sabha Speaker Om Birla outlined a <strong>comprehensive roadmap for achieving the national vision of Viksit Bharat (Developed India) by 2047.<\/strong><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>India\u2019s vision for 2047, <\/strong>known as <strong>\u2018Viksit Bharat\u2019 (Developed India), <\/strong>aims to transform the nation into a developed economy by the time it celebrates its <strong>100th anniversary of its independence.\u00a0<\/strong><\/li>\n\n\n\n<li><strong>The four pillars of Viksit Bharat are<\/strong> Yuva (Youth), Garib (Poor), Mahila (Women) and Kisan (Framers).<\/li>\n\n\n\n<li><strong>It requires comprehensive efforts across various sectors,<\/strong> including economic growth, social equity, global competitiveness, environmental sustainability, industrial modernization and good governance.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Major Highlights<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Economic Growth Trajectory: <\/strong>Growth rate increased from 2.9% (1951\u201352) to 7.6% (2023\u201324).\n<ul class=\"wp-block-list\">\n<li>GDP to surpass USD 7 trillion by 2030 and projected to reach USD 34.7 trillion by 2047, as per the PHD Chamber of Commerce and Industry\u00a0 (PHDCCI).<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Per Capita Income:<\/strong> Estimated to reach USD 4,667 by 2030 and USD 21,000 by 2047.<\/li>\n\n\n\n<li><strong>Sectoral Contributions to GDP (By 2047):<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Agriculture: <\/strong>From 20% (FY23) to 12%.<\/li>\n\n\n\n<li><strong>Industrial Sector: <\/strong>To reach 34%.<\/li>\n\n\n\n<li><strong>Manufacturing Sector:<\/strong> To reach 25%.<\/li>\n\n\n\n<li><strong>Services Sector: <\/strong>Stable at around 54%.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Key Enablers:\u00a0<\/strong>\n<ul class=\"wp-block-list\">\n<li>Ease of doing business.<\/li>\n\n\n\n<li>Global scalability of promising sectors to become MNCs.<\/li>\n\n\n\n<li>Development of the semiconductor industry.<\/li>\n\n\n\n<li>Support for the startup ecosystem.<\/li>\n\n\n\n<li>Export capacity building.<\/li>\n\n\n\n<li>Reforms in agriculture and food processing.<\/li>\n\n\n\n<li>Filling vacant positions in government (National and State levels).<\/li>\n\n\n\n<li>Digital transformation acceleration.<\/li>\n\n\n\n<li>Boost to the renewable energy sector.<\/li>\n\n\n\n<li>Investment in physical infrastructure.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Global Standing Goals: <\/strong>2nd largest Economy in Asia-Pacific by 2030.\n<ul class=\"wp-block-list\">\n<li>3rd largest economy globally by 2030.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Renewable Energy Goals: <\/strong>India ranks 4th globally in renewable energy.\n<ul class=\"wp-block-list\">\n<li><strong>Government target:<\/strong> 500 GW of installed renewable capacity by 2030.<\/li>\n\n\n\n<li><strong>PHDCCI projections: <\/strong>900 GW by 2040 and 1500 GW by 2047.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Digital &amp; AI Adoption: <\/strong>Internet usage rose from 8% in 2010 to 52% in 2024, projected to reach 82% by 2047.\n<ul class=\"wp-block-list\">\n<li>Projected to rank among the top 5 globally in AI readiness by 2047.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>India\u2019s Innovation-Driven Growth: <\/strong>Global Innovation Index rank improved from 52nd in 2019 to 39th in 2024.\n<ul class=\"wp-block-list\">\n<li>PHDCCI projects India will be among the top 5 innovation leaders by 2047.<\/li>\n\n\n\n<li>The semiconductor industry is projected to reach USD 750 billion by 2047.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Government Initiatives<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Impact of Government Initiatives: <\/strong>Make in India, Digital India, Gati Shakti, Bharatmala, Udaan Yojana, and electronic manufacturing clusters are reshaping infrastructure and commerce.<\/li>\n\n\n\n<li><strong>Policy Reforms:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Simplification of industrial policies.<\/li>\n\n\n\n<li>Transparent tax regime.<\/li>\n\n\n\n<li>Single-window clearance system.<\/li>\n\n\n\n<li>All contributing to a more business-friendly environment.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>India is progressing steadily toward economic prosperity and innovation leadership.<\/li>\n\n\n\n<li>Marked by resilience, adaptability, and focus on inclusive growth.<\/li>\n\n\n\n<li>Positioned to become a key global economic player by 2047.<\/li>\n<\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.newsonair.gov.in\/development-oriented-policies-provide-new-energy-to-industries-says-ls-speaker-om-birla\/\" rel=\"nofollow noopener\" target=\"_blank\"><strong>AIR<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<h3><strong>Context<\/strong><\/h3>\n<li class=\"ms-5\">Lok Sabha Speaker Om Birla outlined a comprehensive roadmap for achieving the national vision of Viksit Bharat (Developed India) by 2047.<\/li>\n<p><\/p>\n<h3><strong>About<\/strong><\/h3>\n<li class=\"ms-5\">India\u2019s vision for 2047, known as \u2018Viksit Bharat\u2019 (Developed India), aims to transform the nation into a developed economy by the time it celebrates its 100th anniversary of its independence.\u00a0<\/li>\n<li class=\"ms-5\">The four pillars of Viksit Bharat are Yuva (Youth), Garib (Poor), Mahila (Women) and Kisan (Framers).<\/li>\n<p><a href=\"https:\/\/www.nextias.com\/ca\/current-affairs\/19-04-2025\/viksit-bharat-developed-india-by-2047\" class=\"btn btn-primary btn-sm float-end\">Read More<\/a><\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-41625","post","type-post","status-publish","format-standard","hentry","category-current-affairs"],"acf":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/41625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/comments?post=41625"}],"version-history":[{"count":3,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/41625\/revisions"}],"predecessor-version":[{"id":41636,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/41625\/revisions\/41636"}],"wp:attachment":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/media?parent=41625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/categories?post=41625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/tags?post=41625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}