Factors Driving India’s Growth: Challenges and Policy Measures

Abstract With a vision that comprises inclusive development, technological innovation, and alignment with global sustainability goals, India is on a path to sustainable growth, which aligns with the government’s vision of Viksit Bharat to attain the status of a developed nation by 2047. India is distinguished by its rich cultural legacy, outstanding economic achievement and diverse population. In this context, the study examines India’s goal of becoming a developed nation by integrating social, financial, and environmental advancement in an ecologically sound manner that includes all sections of society. The study examines India’s trajectory toward sustainable goals by analysing key sectors such as start-ups, health and education, green energy, skill development, and technological innovation. The findings contribute to understanding how strategic development in these sectors can empower all citizens and align India’s growth with global sustainability objectives, ultimately realizing the aspirations of Viksit Bharat.

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Publication Details

Journal
The Economists Voice
Published
2024-12-16
DOI
https://doi.org/10.1515/ev-2024-0059
Citations
2
Primary Topic
Indian Economic and Social Development
Type
article
Field-Weighted Citation Impact
2.26
Controls
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article

Factors Driving India’s Growth: Challenges and Policy Measures

Durairaj Kumarasamy, Vandana Jain
2 citations
The Economists Voice
Indian Economic and Social Development
2.26
article

Factors Driving India’s Growth: Challenges and Policy Measures

Durairaj Kumarasamy, Vandana Jain
article en
2 citations

Abstract

Abstract With a vision that comprises inclusive development, technological innovation, and alignment with global sustainability goals, India is on a path to sustainable growth, which aligns with the government’s vision of Viksit Bharat to attain the status of a developed nation by 2047. India is distinguished by its rich cultural legacy, outstanding economic achievement and diverse population. In this context, the study examines India’s goal of becoming a developed nation by integrating social, financial, and environmental advancement in an ecologically sound manner that includes all sections of society. The study examines India’s trajectory toward sustainable goals by analysing key sectors such as start-ups, health and education, green energy, skill development, and technological innovation. The findings contribute to understanding how strategic development in these sectors can empower all citizens and align India’s growth with global sustainability objectives, ultimately realizing the aspirations of Viksit Bharat.

The Economists VoiceVol. 22(2)
Manav Rachna International Institute of Research and Studies (IN)
Industry, innovation and infrastructure
Openalex Percentile: Top 7%
Indian Economic and Social Development
2.26
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