India’s Viksit Bharat 2047 Vision: Modi’s Ambitious Goals
By Business Desk
PM Modi outlines India’s ambitious ‘Viksit Bharat’ vision for 2047, focusing on economic growth, self-reliance, technology, and global competitiveness. Learn about the key targets.
Prime Minister Narendra Modi, in his 75-minute speech on India’s 80th Independence Day, unveiled an ambitious national agenda. He highlighted the nation’s significant economic progress and outlined future aspirations across technology, energy, and social development.
Economic Transformation and Global Ambitions
India has transitioned from the ‘Fragile Five’ to a major global economy, a shift that underpins upcoming reforms. The Prime Minister stressed self-reliance, advocating for ‘Vocal for Local’ and ‘Swadeshi’ products to bolster domestic industries.
- Targeting 50 Indian companies within the Fortune 500 list.
- Aiming for one Indian bank to rank among the top five globally.
- Seeking top global ranks for Indian pharmaceutical and accounting firms.
Modi emphasized that Indian factories must focus on cost-effectiveness, quality, and skill enhancement to become globally competitive.
Advancements in Technology and Energy Security
In the realm of technology, India is pursuing ‘Aatmanirbhar’ (self-reliant) semiconductor production and expanding digital public technologies for global reach. The nation is also developing Made-in-India 6G infrastructure.
- India currently hosts 2.5 lakh registered startups.
For energy security, the Prime Minister detailed plans to significantly boost nuclear and solar power capabilities, alongside promoting green initiatives.
- Targeting 200 GW of nuclear energy with the addition of five new reactors.
- Expanding solar energy capacity and introducing hydrogen trains.
Additionally, efforts are underway to elevate agricultural products into global brands.
Empowering Youth and Women
Modi outlined key initiatives for youth development, focusing on skill enhancement and educational support. This includes substantial training in artificial intelligence.
- Training 1 crore youth in AI skills within one year.
- Providing free online coaching to alleviate the burden of traditional coaching classes.
For women’s empowerment, the government has set targets to foster economic independence and ensure greater political representation.
- Creating 6 crore ‘Lakhpati Didis’ across the nation.
- Ensuring 33% reservation for women in Assemblies and Parliament.
National Security and Global Presence
Defence self-reliance remains a core focus, with India aspiring to become a global supplier of next-generation defence technology. The nation is also strengthening its civil defence network.
India aims to elevate its global sporting profile, with ambitions to host major international events.
- Bidding to host the 2030 Commonwealth Games.
- Aspiring to host the 2036 Olympics.
The Prime Minister also addressed societal challenges, including the drug menace and disaster response, while cautioning against ‘intellectual Naxals’.
Vision for a Developed India by 2047
The overarching vision presented is for a ‘Viksit Bharat’ (Developed India) by the year 2047. This ambitious goal calls upon every citizen to prioritize national interest and duty to collectively achieve the dream of a developed nation.