New Delhi. Union Minister Ashwini Vaishnav said the government is preparing a development process that is “beyond the electoral cycle” so that India can become a developed nation by 2047 by growing six to seven times from the current level. Addressing a symposium organized by the Indian Foundation for Quality Management (IFQM), the Minister of Railways, Information & Broadcasting and Electronics & IT said a key element of the government’s goal for a developed nation is “a very inclusive and harmonious society”. Have to build.
He said India needs to aim for “per capita income of US$ 18,000 and (nominal) GDP of US$ 30,000 billion” as per measurable parameters to become a developed nation by 2047. “Today, we are just a little short of US$ 4000 billion (nominal GDP), per capita we are about US$ 3,000 behind,” Vaishnav said. This means we have a path where we need to grow about six times or seven times in the next 25 years.” He also said that the Prime Minister Narendra Modi-led government intends to build on the foundation laid in the last 10 years. Have to move forward.
The minister said that what the government means by becoming a developed nation is to first create a very inclusive and harmonious society. A society that cares for everyone, a society that considers every section of the society equally important and gives opportunities to everyone to come forward.” He said, ”The second big element of becoming a developed India is Vaishnav said the third element is to meet the measurable parameters of per capita income and GDP so that the set targets can be met. Speaking at the event, Venu Srinivasan, Chairman Emeritus, TVS Motor Company, said that India needs a “uniquely Indian way of progress” to strengthen its position as a global leader and become a destination for high-quality services and products. Need to adopt.
Srinivasan is also the Chairman of the Indian Foundation for Quality Management (IFQM). Addressing the event, he cautioned that if India continues to follow other countries like Germany, America, Japan, Korea and China, it will continue to lag behind the world. “We (India) have been one of the leading economies of the world in the past,” Srinivasan said. 700 years ago we contributed a quarter to the world economy. We were a central hub of trade, dominating land routes and sea routes to both the West and the East.” He said, ”From there today we find ourselves very low in terms of our contribution to global trade in goods and services. Find at level.
