"Empowering Viksit Bharat through Commerce and Economic Growth"
Abstract The aspiration for a "Viksit Bharat" (Developed India) by the year 2047 is intricately linked to the implementation of strategic economic reforms, the stimulation of robust commercial activities, and the pursuit of sustainable development practices. This paper explores in-depth how commerce and economic growth can act as vital catalysts in realizing this ambitious national vision. The analysis identifies and discusses critical sectors, such as technology, manufacturing, and agriculture that are poised to drive significant economic expansion. It provides insights into key policy interventions—from ease of doing business reforms to tax incentives—essential for fostering a conducive environment for entrepreneurship and innovation. In addition, the paper highlights the importance of infrastructural advancements, including the development of smart cities, transportation networks, and digital infrastructure, which are crucial for enhancing connectivity and efficiency within the marketplace. Global trade dynamics are examined, emphasizing India's strategic role in international supply chains and the need for competitive trade practices to boost exports. The study delves into the transformative power of digital technology, outlining how the digital economy is reshaping business models and consumer behavior. It discusses the significance of entrepreneurial initiatives as key drivers of job creation and economic diversification, underscoring the role of startups and small businesses
Institutions
- Dr. Babasaheb Ambedkar Marathwada University (IN)
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2025-04-30
- DOI
- https://doi.org/10.5281/zenodo.15569108
- Primary Topic
- Indian Economic and Social Development
- Type
- article
- Field-Weighted Citation Impact
- 0.00