Vision for Viksit Bharat 2047

Key Points of Viksit Bharat 2047

·         Goal: Make India a developed nation by 2047, focusing on economic growth, sustainability, education, healthcare, infrastructure, and inclusive governance.

·         Economic Growth: Target $30 trillion economy by 2047; key initiatives — Make in India ($190B investments) and Startup India (140K+ startups, 1.55M jobs).

·         Sustainability: Net-zero by 2070; renewable energy growth (2022) — Solar +28%, Wind +15%; National Hydrogen Mission.

·         Education: NEP 2020 aims for 50% higher education enrollment by 2035; focus on holistic, multidisciplinary learning.

·         Healthcare: Universal access by 2047; Ayushman Bharat covers 100M+ families; health spending up to 2.1% of GDP in 2022.

·         Infrastructure: Bharatmala (highways) and Gati Shakti ($1.3T logistics plan) to boost connectivity and growth.

·         Inclusive Governance: Digital platforms (MyGov), support for marginalized groups, and decentralized governance (panchayats).

 

Vision for Viksit Bharat 2047 – India’s Path to Global Leadership

As India approaches the centenary of its independence in 2047, the vision of Viksit Bharat 2047 emerges as a transformative roadmap to position the nation as a developed, inclusive, and globally competitive economy. This vision, articulated by the government, encompasses critical sectors such as economic growth, sustainability, education, healthcare, infrastructure, and inclusive governance. This note explores India’s long-term goals, government initiatives, and strategies, grounded in real-world data and expert insights, to chart a practical yet visionary path forward.

 

Economic Growth: Driving India’s Rise to a $30 Trillion Economy

India’s growth plan is ambitious, with projections suggesting it could become a $30 trillion economy by 2047, driven by robust economic policies and demographic advantages. The Make in India initiative, launched in 2014, aims to transform India into a global manufacturing hub, attracting investment commitments worth over US$190 billion between 2014 and 2016, though the manufacturing sector’s GDP share fell from 16.7% in 2013-14 to 15.9% in 2023-24. Despite missing targets like reaching 25% GDP from manufacturing by 2025, the initiative has facilitated FDI inflows, with a record US$83.6 billion in 2021-22.

Complementing this, Startup India, launched to foster entrepreneurship, has recognized over 140,000 startups by June 2024, generating 1.55 million direct jobs. In FY23, startups contributed nearly 4% to GDP, injecting USD 140 billion, highlighting their role in economic growth. Expert opinions, such as from PwC, project India’s per capita income could exceed USD 26,000 by 2047, assuming a 12% nominal GDP growth rate, while EY forecasts a six-fold increase to USD 15,000.

Challenges include policy uncertainty and geopolitical tensions, but strategies like easing FDI norms and industrial corridors can enhance competitiveness. A unique solution could be leveraging AI and GenAI startups, with over 100 raising more than US$600 million since 2019, to drive innovation.

 

Sustainability: Balancing Growth with Environmental Stewardship

Sustainable Development India is integral to Viksit Bharat 2047, with commitments to net-zero by 2070 under the Panchamrit framework, aiming for 500 GW of renewable energy by 2030. In 2022, renewable energy capacity grew by 28% for solar and 15% for wind Ministry of New and Renewable Energy, Government of India, supported by initiatives like the National Hydrogen Mission and Green Skill Development Programme.

The National Statistics Office’s SDG Indicator Framework 2023 tracks progress on 17 SDGs, noting that India’s efforts could contribute 50% to global SDG progress. However, financing gaps, with an annual investment need of $3.9 trillion against $1.4 trillion available, highlight the need for frugal innovation. A futuristic idea is promoting circular economy practices, leveraging India’s cultural ethos of resource efficiency, to minimize environmental footprints.

 

Education: Building a Future-Ready Workforce

Education is a cornerstone of Viksit Bharat 2047, with the National Education Policy 2020 (NEP 2020) aiming for a 50% gross enrollment ratio in higher education by 2035. NEP 2020, approved in July 2020, emphasizes access, equity, quality, affordability, and accountability, with reforms like multidisciplinary education and digital integration. It aligns with the 2030 Agenda for Sustainable Development, aiming to transform India into a knowledge superpower.

Data shows over 2 lakh suggestions were received during consultations, reflecting broad stakeholder engagement. Challenges include implementation across diverse regions, but a policy suggestion is establishing skill hubs in rural areas, equipping youth with future-ready skills, as proposed in Shaping India 2047. Expert opinions, like from Dr. Kumar Katyayani, stress the need for vocational training to bridge skill gaps.

 

Healthcare: Ensuring Universal Access by 2047

Healthcare reforms aim for universal access by 2047, with Ayushman Bharat providing coverage to over 100 million families since 2018, reducing out-of-pocket expenses. Healthcare spending increased to 2.1% of GDP in 2022 from 1.4% in 2014, with improvements in neonatal and maternal mortality rates.

A BCG report suggests a tiered system using AI and health data to categorize populations by income, improving government schemes and insurance. Challenges include rising medical inflation and inefficient systems, but a unique solution is scaling rural telemedicine, leveraging India’s digital infrastructure, to enhance access.

 

Also Read: Nuclear Energy Mission for Viksit Bharat 2047

Infrastructure: Building the Backbone for Growth

Infrastructure development is pivotal, with a $1.3 trillion national master plan under Gati Shakti, launched to integrate transport modes for efficient logistics. The government plans to develop 200,000 km of national highways by 2025 and expand airports to 220, with a budgetary outlay increasing from INR 3.7 lakh crore in FY23 to INR 5 lakh crore in FY24.

Vision 2047 emphasizes roads, power, EVs, solar, wind, and hydrogen, with investments of ₹143 trillion planned between 2024 and 2030. A futuristic idea is developing smart cities with AI-driven urban planning, enhancing liveability and climate resilience, aligning with India’s cultural emphasis on community living.

Inclusive Governance: Ensuring Equity for All

Inclusive governance is crucial for Viksit Bharat 2047, ensuring marginalized communities benefit from development. Constitutional provisions like reservations for Scheduled Castes, Tribes, and women, alongside decentralized governance through panchayats, promote equity. The government’s slogan, “Sabka Saath, Sabka Vikas, Sabka Vishwas, and Sabka Prayas,” underscores inclusive growth.

Digital platforms like MyGov enhance citizen engagement, with initiatives like the Inclusive India Initiative Competition fostering policy inclusivity Inclusive India Initiative Competition - "Making Government Policies inclusive and the way ahead" | MyGov.in. Challenges include addressing competency gaps in local governance, but a policy suggestion is leveraging AI for transparent, data-driven decision-making, ensuring accountability Report on AI governance guidelines development - IndiaAI.

 

Conclusion

Viksit Bharat 2047 is a collective endeavor, requiring collaboration among citizens, policymakers, and youth. By fostering economic growth through manufacturing and startups, ensuring sustainability with green technologies, transforming education for a skilled workforce, enhancing healthcare access, building world-class infrastructure, and promoting inclusive governance, India can achieve global leadership by 2047. The journey is complex, with challenges in funding, implementation, and equity, but with innovation and resolve, India can realize this vision.

Let us, as citizens, policymakers, and the youth, unite to build a nation that is economically prosperous, socially inclusive, environmentally sustainable, and governed with transparency. Each of us can contribute through innovation, civic engagement, or responsible citizenship, shaping a future where every Indian takes pride in our achievements and looks forward to a brighter tomorrow. Together, we can make Viksit Bharat 2047 a reality.

 

Vision for Viksit Bharat 2047 by Anil Mishra