🔴 Watch This Next -    • Ukraine's Zelenskiy Issues Fresh Plea...   Prime Minister Narendra Modi's vision to transform India into a developed country by 2047, articulated in a 2022 speech at the Red Fort, has become central to his economic agenda. While lacking specific targets, this vision, encapsulated in the phrase "Viksit Bharat" or "Developed India," has permeated Modi's speeches and party manifestos. Economists debate the feasibility of this ambition, given India's historical growth rates and challenges. Comparisons with China's growth trajectory underscore the scale of the task. Despite skepticism, Modi's government has pursued policies to bolster India's economic stature, including the Make in India program and attracting foreign investment. Internal estimates project significant economic growth, with a goal to double per capita income by 2030. However, achieving this vision hinges on overcoming hurdles like educational reform and job creation for the youthful population.
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