essay on india in 2050

Current Affairs
UPSC Prelims

UPSC Mains Essays
UPSC Essay: Science and Mysticism : Are they compatible?

UPSC Essay: My Vision of India in 2050 A.D

India is one of the world’s oldest civilizations, with a rich cultural heritage and tremendous diversity across its people. As a developing country with the world’s second largest population, India faces various social, economic and environmental challenges. Yet India also holds great promise, given its large, young population and rapid economic growth. By imagining India in 2050, three decades from now, we can envision the possibilities for India to evolve into a prosperous, secure and sustainable society.

In 2050, I envision an India that has effectively addressed issues like poverty, corruption and pollution to become a global leader in technology, education and sustainable development. The India of 2050 will be more urban while also preserving its villages. With economic opportunities reaching small towns and rural areas, the gap between urban and rural India will shrink. India can also build more livable smart cities rooted in community and nature, improving the quality of life across urban spaces.

In 2050, India will have significantly reduced income inequality and poverty through sound policies focused on health, education and empowering women. Even its poorest communities will have the resources they need to thrive. Rural India will exemplify Mahatma Gandhi’s vision of local self-reliance and sustainability. Gandhi stated that “The future depends on what we do in the present.” India’s current investments in human development will shape future prosperity. For instance, Amartya Sen’s capabilities theory will inform policies to uplift human freedom and potential. Sen notes that “India has a long history of skepticism about maxims of prosperity without freedom.” Development policies will enable more equitable opportunity.

India will transform into a knowledge economy built on technology, medicine and creative arts. IT exports now account for billions in revenue. Building on successes in information technology, India can also lead in biotech, renewable energy, sustainable agriculture, and decentralised governance innovations. Indian research institutions will pioneer advances in science and technology to address society’s grand challenges, as envisioned by former president A.P.J. Abdul Kalam: “A land of enlightened people, economically prosperous, socially just and politically democratic.”

Urbanization will increase in sustainable ways, with over half India’s population in cities integrated with nature. Architect Balkrishna Doshi, awarded India’s first Pritzker Prize in 2018, has demonstrated how urban built environments can harmonize contemporary and traditional designs through open, human-centric spaces. Such principles will guide urban planning, along with green technologies like AI and nanotech. Philosopher Jiddu Krishnamurti noted that “It is no measure of health to be well adjusted to a profoundly sick society.” India’s future cities will retain connections to culture, nature and spirituality by design.

Rural India will share in economic advancement through networks of villages with thriving, self-sufficient local economies. Social entrepreneur Dr. Bindeshwar Pathak’s work has demonstrated how village cooperatives and local support can eradicate persistent problems like manual scavenging. Such inclusive business models will be widely replicated. Entrepreneurs will also prosper by leveraging renewable energy tech and selling products online. E.F. Schumacher’s “Buddhist economics” concept of ethical, cooperative business will influence economic patterns.

India’s diverse religious and ethnic communities will make progress toward harmony, despite occasional tensions. While Hindu nationalism has stirred recent controversy, India’s founding vision of secularism, pluralism and equality remains strong. Kerala’s history demonstrates peaceful coexistence between Hindus, Christians and Muslims. The Hindu majority will collaborate with Muslim, Sikh, Christian and other minority groups to nurture interfaith dialogue and cultivate a more tolerant society. Dalit advocacy against caste discrimination will also have achieved greater social equality. As Rabindranath Tagore expressed about Indian nationalism, “The idea of India is against the intense consciousness of separateness.” The India of 2050 will reflect that universalism.

India will balance rapid growth with environmental protection. It will meet climate targets through renewable energy and reforestation. Following Wangari Maathai’s principle that “We owe it to ourselves and to the next generation to conserve the environment,” India’s 2050 economy will operate sustainably within planetary boundaries. Inspiring ecological efforts like Rajendra Singh’s water conservation that turned parched rural Rajasthan into lush green will be replicated. India’s environmental stewardship will set an example.

India will invest heavily in education at all levels to build a knowledge-based society. The country’s demographic dividend gives it the world’s largest population under 25. Ensuring quality education and skill training for youth can secure India’s economic future. Primary school enrollment will be near 100 percent with equal access for girls and boys. Industrialist Ratan Tata has funded programs enabling youth in remote areas to connect with educators worldwide. Such initiatives will bridge the rural-urban divide. Massive open online courses will provide free access to higher education and vocational training for millions. Educational advances now will shape India’s future human capital.

India in 2050 can become a prosperous, environmentally sustainable society by leveraging its cultural strengths and human capabilities. Alleviating poverty, empowering women, developing green technologies, expanding access to education and health care, nurturing local businesses, and supporting ethical policies will help India grow in an inclusive manner. India will play a leadership role in global development while drawing lessons from its rich philosophical tradition to evolve a holistic vision of human progress. With mindful long-term policies and collective effort, India can manifest an inspiring vision of just, equitable and sustainable progress.

March 2024 (70)
February 2024 (300)
January 2024 (372)
December 2023 (429)
November 2023 (565)
October 2023 (568)
September 2023 (732)

Essay Curve

Essay on India In 2050 – Samples, 10 Lines to 1500 Words

Essay on India In 2050: India, a country rich in culture, history, and diversity, is poised to undergo significant changes in the coming decades. In this essay, we will explore what India might look like in the year 2050. From advancements in technology and infrastructure to shifts in demographics and social norms, the future of India is full of possibilities. Join us as we delve into the potential scenarios and challenges that lie ahead for this vibrant and dynamic nation.

Table of Contents

India In 2050 Essay Writing Tips

1. Start by introducing the topic of India in 2050 and why it is important to think about the future of the country.

2. Provide some background information on India’s current status in terms of economy, population, technology, and infrastructure.

3. Discuss the potential challenges that India may face in the future, such as overpopulation, environmental degradation, and economic inequality.

4. Highlight the opportunities that India may have in 2050, such as technological advancements, economic growth, and social development.

5. Discuss how India can overcome the challenges and seize the opportunities to become a global leader in various fields.

6. Talk about the importance of sustainable development and how India can achieve economic growth while preserving the environment and promoting social equality.

7. Provide examples of initiatives and policies that India can implement to ensure a bright future for the country in 2050.

8. Discuss the role of education, innovation, and entrepreneurship in shaping India’s future and driving economic growth.

9. Conclude by summarizing the key points of the essay and emphasizing the importance of planning for India’s future in order to create a prosperous and sustainable society in 2050.

10. Proofread and edit your essay to ensure clarity, coherence, and proper grammar and punctuation. Make sure to cite any sources used in your essay to provide credibility to your arguments.

Essay on India In 2050 in 10 Lines – Examples

1. By 2050, India is projected to be the most populous country in the world, surpassing China. 2. The economy of India is expected to be one of the largest in the world, with a booming middle class and a strong manufacturing sector. 3. Technological advancements in India will be at the forefront, with a thriving IT industry and a focus on innovation. 4. India’s infrastructure will have undergone significant improvements, with modern transportation systems and smart cities. 5. The healthcare system in India will have been revolutionized, providing quality care to all citizens. 6. Education in India will have been reformed, with a focus on quality and accessibility for all. 7. India’s cultural heritage will continue to thrive, with a rich tapestry of traditions and languages. 8. Environmental sustainability will be a key focus in India, with efforts to combat climate change and preserve natural resources. 9. India’s political landscape will have evolved, with a more inclusive and transparent government. 10. Overall, India in 2050 will be a global powerhouse, leading in various sectors and making significant contributions to the world economy.

Sample Essay on India In 2050 in 100-180 Words

India in 2050 will be a thriving and dynamic nation, with a strong economy and a diverse population. The country will continue to be a global leader in technology, innovation, and entrepreneurship. With advancements in infrastructure and education, India will have made significant progress in reducing poverty and improving the quality of life for its citizens.

The population will be more urbanized, with smart cities and sustainable development initiatives in place. India will also be a key player in the fight against climate change, with a focus on renewable energy and environmental conservation.

Culturally, India will continue to be a melting pot of traditions and modernity, with a rich heritage that is celebrated and preserved. The country will be known for its vibrant arts, literature, and cuisine, attracting tourists from around the world.

Overall, India in 2050 will be a nation that is confident, prosperous, and at the forefront of global innovation and progress.

Short Essay on India In 2050 in 200-500 Words

India in 2050 is envisioned to be a thriving, dynamic, and technologically advanced nation. With a population projected to reach over 1.6 billion, India will be one of the most populous countries in the world. The country’s economy is expected to be one of the largest globally, with a GDP that could surpass that of the United States and China. This economic growth will be driven by a young and educated workforce, as well as advancements in technology and innovation.

In terms of infrastructure, India is expected to have a modern and efficient transportation system, with high-speed trains connecting major cities and a network of smart highways. The country’s urban areas will be transformed with smart cities that are sustainable, clean, and equipped with state-of-the-art technology. Renewable energy sources such as solar and wind power will play a significant role in powering these cities, reducing India’s dependence on fossil fuels and mitigating the effects of climate change.

Education and healthcare in India are also expected to see significant improvements by 2050. The government will invest heavily in education, ensuring that every child has access to quality schooling and vocational training. This will create a skilled workforce that is competitive in the global economy. In terms of healthcare, India will have a robust and efficient healthcare system that provides universal coverage and access to affordable and high-quality medical services.

Culturally, India in 2050 will continue to be a diverse and vibrant nation, with a rich tapestry of languages, traditions, and religions. The country’s arts and entertainment industry will flourish, producing world-class films, music, and literature that captivate audiences around the globe. India’s cuisine, fashion, and festivals will continue to be celebrated, showcasing the country’s unique heritage and creativity.

However, India in 2050 will also face several challenges. Rapid urbanization and industrialization will put pressure on the environment, leading to pollution, deforestation, and water scarcity. The government will need to implement sustainable practices and policies to protect the country’s natural resources and biodiversity. Income inequality and poverty will also remain significant issues, requiring targeted interventions to uplift marginalized communities and ensure inclusive growth.

In conclusion, India in 2050 is poised to be a global powerhouse, with a strong economy, advanced infrastructure, and a vibrant culture. While the country will face challenges, its resilience, innovation, and determination will enable it to overcome obstacles and continue on its path to prosperity. India’s future is bright, and the possibilities are endless for this diverse and dynamic nation.

Essay on India In 2050 in 1000-1500 Words

India is a country with a rich history and a promising future. As we look ahead to the year 2050, it is important to consider the potential challenges and opportunities that lie ahead for this diverse and dynamic nation. In this essay, we will explore how India may evolve over the next three decades and what the implications of these changes may be for its people and the world at large.

One of the most significant changes that is likely to occur in India by 2050 is its population growth. With a current population of over 1.3 billion people, India is already the second most populous country in the world, and this trend is expected to continue in the coming years. By 2050, it is projected that India’s population could reach as high as 1.6 billion, making it the most populous country on the planet.

This rapid population growth will have a number of implications for India, both positive and negative. On the one hand, a larger population can be a source of economic growth and innovation, as more people means more potential workers, consumers, and entrepreneurs. India’s young and growing population could help to drive economic development and technological advancement in the coming decades, positioning the country as a global leader in fields such as IT, biotechnology, and renewable energy.

However, the sheer size of India’s population also presents significant challenges. The country will need to invest in infrastructure, education, healthcare, and other social services in order to support its growing population and ensure that all citizens have access to the resources they need to thrive. Failure to do so could lead to widespread poverty, inequality, and social unrest, undermining India’s potential for growth and development.

Another key trend that is likely to shape India in 2050 is urbanization. As more and more people move from rural areas to cities in search of better opportunities, India’s urban population is expected to grow significantly in the coming decades. By 2050, it is estimated that over 60% of Indians will live in urban areas, up from around 30% today.

This rapid urbanization will bring both opportunities and challenges for India. On the one hand, cities can be engines of economic growth and innovation, attracting investment, talent, and resources from around the world. India’s urban centers could become hubs of industry, commerce, and culture, driving the country’s development and prosperity in the 21st century.

At the same time, rapid urbanization can also lead to a host of social, economic, and environmental problems. Cities in India are already grappling with issues such as overcrowding, pollution, inadequate infrastructure, and social inequality, and these challenges are likely to become more acute as the urban population continues to grow. Without effective planning and investment, India’s cities could become overwhelmed by the demands of their residents, leading to widespread poverty, crime, and social unrest.

One of the most pressing challenges facing India in 2050 will be climate change. As one of the world’s largest and fastest-growing economies, India is a major contributor to global greenhouse gas emissions, and the effects of climate change are already being felt across the country. Rising temperatures, changing weather patterns, and more frequent natural disasters are threatening India’s food security, water supply, and public health, and these impacts are likely to worsen in the coming decades.

In order to address the challenges of climate change, India will need to invest in renewable energy, sustainable agriculture, and climate adaptation measures to reduce its carbon footprint and build resilience to the effects of a changing climate. This will require strong leadership, political will, and international cooperation, as well as the active participation of businesses, civil society, and ordinary citizens in the fight against climate change.

Despite these challenges, India also has a number of strengths and opportunities that could help it to thrive in 2050. The country’s young and dynamic population, its vibrant democracy, and its rich cultural heritage are all assets that could help India to overcome its challenges and realize its full potential in the coming decades. By investing in education, healthcare, infrastructure, and sustainable development, India could become a global leader in fields such as technology, innovation, and environmental sustainability, shaping the future of the world in the process.

In conclusion, India in 2050 is likely to be a country of great promise and potential, but also of significant challenges and uncertainties. By addressing the issues of population growth, urbanization, climate change, and social inequality, India can build a more inclusive, sustainable, and prosperous future for its people and the world at large. With strong leadership, political will, and international cooperation, India could become a global powerhouse in the 21st century, driving economic growth, social progress, and environmental sustainability for generations to come.

Related Essays

Essay on A Visit To A Fair – 10 Lines, 100 to 1500 Words

Value of Games And Sports – Essay in 10 Lines, 100 to 1500 Words

Essay on Importance of Teacher – 100, 200, 500, 1000 Words

Essay on A Visit To A Museum – 100, 200, 500, 1000 Words

Essay on Effect of Social Media On Youth

Essay on Shri Guru Nanak Dev Ji – Short & Long Essay Examples

Essay on Nuclear Family – Short Essay & Long Essay upto 1500 Words

Essay on Anudeep Durishetty – 10 Lines, 100 to 1500 Words

Essay on Non Violence – Samples, 10 Lines to 1500 Words

Covid 19 Responsive School – Essay in 10 Lines, 100 to 1500 Words

India Vision 2050

This paper presents a Vision of a developed India in 2050. Two objectives drive this vision. One is fast catch-up growth that closes the gap with countries which were at the same stage of development as India in the 1960s & 1970s but have moved ahead since then. An understanding and utilization of global & domestic trends is critical to fast growth, which can be used by Indian government and its people to leapfrog to a better life. The second is equality of opportunity for every Indian citizen based on personal motivation & inherent capabilities. Equal access to quality education, skills, public goods, social and governance services is critical to both these objectives. Provision of social services to 1.6 billion Indians, at the quality available to 1.3 billion citizens of the Developed countries, is only possible in 30 years through comprehensive use of digital systems like e-governance, e-learning, tele- medicine, and artificial intelligence. We envision a Hybrid architecture which marries India’s vast human resources to a pervasive digital infrastructure to accelerate structural transformation and inclusive growth. Government will ensure the provision of hard & soft infrastructure to every habitation in India, develop a policy structure that creates competitive markets in which private entrepreneurs can innovate and thrive, and a welfare system that protects the weak & vulnerable while giving ample scope for civil society to provide a multiplicity of non-marketable services. The key policy & institutional reforms required are also discussed.

Download the Paper

Sign-up for Updates

"Advertisement"

My Vision For India In 2050 Essay In 500+ Words

Hello Friend, In this post “ Essay On My Vision For India In 2050 In 500+ Words “, We will read about My Vision For India In 2050 as an Essay in detail. So…

Let’s Start…

Essay On My Vision For India In 2050 In 500+ Words

Slogan:- “Everywhere is happiness, people love each other, India free of hunger & fear, It is the vision of my India 2050”.

Introduction:-

Developing to develop it is the journey of a nation. I to me and my to our is the key of mission 2050. Currently, India is celebrating its seventy-five years of independence.

Everyone has dreams to make the country big and democratically successful. A country where there is equality in all areas and for all genders it witnesses progress.

Like others, I also have a dream for my India and the way it should be so I can proud to live and the coming generations too. Our country in 2050 will be what we create today.

The year 2050 will be the landmark year to look at India through the prisms of development, growth, gender, equality, employment, and other factors.

What we dream is what we see, similarly, how we visualize India of 2050 will determine the revolutions we will adopt over the next twenty-five years.

One wants to see India free from poverty, unemployment, malnutrition, corruption, and other social evils. over the next twenty-five years, India should transform into a powerful nation both internally and externally.

Over this, our foremost target as a developing nation should be to work on economic fronts and make our economy stronger by bringing in some major reforms.

Besides the economic sphere, there is a need to work towards gender equality and providing equal opportunities for all irrespective of their background.

The next twenty-five years will be extremely crucial not just for our country but also for us as citizens of India.

Paragraph On My Vision For India @ 100 years

Essay On My Vision For India @ 100 years In English

My vision for India in 2050:-

The India of my vision where women are safe and walk freely on road. Also, It will be a place where there is freedom of equality to all and everyone. It would be a place where there is no discrimination of caste, color, gender, social or economic status, and race.

I see it as a place that sees an abundance of development and growth.

Women Empowerment:-

There is a lot of discrimination against women. But, still, the women are sleeping out of their houses and making a mark on different fields and on society. My vision for India in 2050 is to become women more powerful and self-dependent.

we have to work hard to change the mind of society. My vision is India is a country that sees women as its assets, not as liabilities. Also, I want to place women on an equal level as men.

Education:-

Government work to promote education. but there are many people who do not realize its true importance. the India of my vision in 2050 will be a place where education will be mandatory for all.

Caste Discrimination:-

India got independence in 1947 still we are not able to get complete independence from caste, religion, and creed discrimination. My vision for India in 2050 is where there is no discrimination of any kind.

Employment opportunities:-

There are many educated people in India . but, due to corruption and many other reasons they are unable to get a decent job. My vision for India in 2050 will be a place where the deserving candidate will get the job first rather than reserved candidates.

Health and Fitness:-

My vision for India in 2050 is to improve the health system by providing good facilities to people. people are also aware of health to fitness.

Corruption:-

Corruption is one of the major reasons that are hindering the growth of the nation. So, my vision for India is in 2050 where the minister and official are dedicated to their work and wholly for the development of the country.

Conclusion:- {My Vision For India In 2050 Essay}

The India of my vision in 2050 will be an ideal country, where every citizen will be equal. Also, there is no discrimination of any type. In addition, It will be a place where women are seen as equals to men and respected equally.

20 thoughts on “My Vision For India In 2050 Essay In 500+ Words”

❤❤❤❤ly words for India

Extremely proud to be an Indian and extremely thanks for you❤

Extremely useful to us

Good bro I think it is also helpful for us

Thanks,this site help so much for my holiday homework

This is very very useful for completing holiday Homework

It’s so useful to complete holiday homework, cuz we don’t know what to write but all that stuff to u! My friend

So now let’s take our aim to complete our dreams

do tell us about vision for the whole world

It will help me to get 25000 rupees

very nice helped for my essay competition

It is helpful for my homework I am so proud to be an indian

Is was really helpful

Use full for me

I AM PROUND TO BE AN INDIAN

THANKYOU SO MUCH

A very helpful paragraph

A VERY HELP FULL PARA

Helps me to bring my essay in my school magazine

India: The future we want in 2050

September 2021
In book: UK Climate Change Conference (COP-26), UK 2021 (pp.20)
Edition: 2021
Publisher: COP-26
This person is not on ResearchGate, or hasn't claimed this research yet.

Ambedkar University Delhi

Discover the world's research

25+ million members
160+ million publication pages
2.3+ billion citations

SCI TOTAL ENVIRON

Muthukumara Mani
Sushenjit Bandyopadhyay

Thomas Mosier

HABITAT INT

C Maisonneuve
Recruit researchers
Join for free
Login Email Tip: Most researchers use their institutional email address as their ResearchGate login Password Forgot password? Keep me logged in Log in or Continue with Google Welcome back! Please log in. Email · Hint Tip: Most researchers use their institutional email address as their ResearchGate login Password Forgot password? Keep me logged in Log in or Continue with Google No account? Sign up

Numbers, Facts and Trends Shaping Your World

Read our research on:

Full Topic List

Regions & Countries

Publications
Our Methods
Short Reads
Tools & Resources

Read Our Research On:

By 2050, India to have world’s largest populations of Hindus and Muslims

In the coming decades, India will have the distinction of having the largest populations of two of the three largest religions in the world – Islam and Hinduism – according to new religious projections data from Pew Research Center.

India is already home to most of the world’s Hindus. In 2010, 94% of the world’s Hindus lived in India, and this is expected to remain true in 2050, when 1.3 billion Hindus are projected to live in the country.

But India also is expected have 311 million Muslims in 2050 (11% of the global total), making it the country with the largest population of Muslims in the world. Currently, Indonesia has the world’s largest number of Muslims.

Population Growth of the World's Largest Religions in India

Muslims are expected to grow faster than Hindus because they have the youngest median age and the highest fertility rates among major religious groups in India. In 2010, the median age of Indian Muslims was 22, compared with 26 for Hindus and 28 for Christians. Likewise, Muslim women have an average of 3.2 children per woman, compared with 2.5 for Hindus and 2.3 for Christians.

Due to these factors, India’s Muslim community will expand faster than its Hindu population, rising from 14.4% in 2010 to 18.4% in 2050. But, even with this increase, Hindus will make up more than three-in-four Indians (76.7%) in 2050. Indeed, the number of Hindus in India will still be larger than the five largest Muslim populations in the world’s biggest Muslim countries (India, Pakistan, Indonesia, Nigeria and Bangladesh) combined.

India also has a number of smaller religious minorities. In 2010, approximately 2.5% of the country’s population was Christian, including members of Scheduled Castes (historically referred to as Untouchables or Dalits) who sometimes identify as Hindu when completing official forms. Christians are expected to make up 2.2% of India’s population in 2050.

Religious turmoil (between Muslims and Hindus, but also involving Sikhs, Christians and others) has long been a fact of life in India. The year the country won its independence from Britain, the Indian subcontinent was partitioned along religious lines , into Muslim Pakistan and Hindu India. Even though the separation was intended to ease religious tensions, it led to a spasm of violence that left up to a million dead and more than 10 million displaced.

In the nearly 70 years since independence, religious violence has claimed thousands more lives, including that of modern India’s founder, Mahatma Gandhi , as well as Prime Minister Indira Gandhi . A recent Pew Research Center report on religious restrictions found India to have one of the highest levels of social hostilities involving religion in the world.

Even India’s current prime minister, Narendra Modi, has been dogged by allegations of religious intolerance, stemming from anti-Muslim violence in the state of Gujarat in 2002, which according to some estimates killed as many as 2,000 people. Modi, who was chief minister of Gujarat at the time, has been accused of not doing enough to stop the killing because he is leader of the Hindu nationalist Bharatiya Janata Party and the violence was perpetrated by Hindus against Muslims.

Correction: An earlier version of this post described Narendra Modi as a former governor of Gujarat. He was formerly chief minister of the state.

Muslims Around the World
Religion & Politics
Size & Demographic Characteristics of Religious Groups

Conrad Hackett is a senior demographer and associate director of research at Pew Research Center .

Many around the globe say it’s important their leader stands up for people’s religious beliefs

How people in south and southeast asia view religious diversity and pluralism, religion among asian americans, in their own words: cultural connections to religion among asian americans, in singapore, religious diversity and tolerance go hand in hand, most popular.

901 E St. NW, Suite 300 Washington, DC 20004 USA (+1) 202-419-4300 | Main (+1) 202-857-8562 | Fax (+1) 202-419-4372 | Media Inquiries

Research Topics

Email Newsletters

ABOUT PEW RESEARCH CENTER Pew Research Center is a nonpartisan fact tank that informs the public about the issues, attitudes and trends shaping the world. It conducts public opinion polling, demographic research, media content analysis and other empirical social science research. Pew Research Center does not take policy positions. It is a subsidiary of The Pew Charitable Trusts .

Essay on “India in 2050 A.D.” for School, College Students, Long and Short English Essay, Speech for Class 10, Class 12, College and Competitive Exams.

India in 2050 A.D.

India is 2050 A.D. will be completely a changed scenario. One can visualize thus. Poverty in the country will have minimized, if not completely abolished. Every citizen of the country, irrespective of caste, colour sex and religion will be entitled to certain basic facilities like, free education, employment, housing, health and Medicare. The state will have taken upon itself the duty to look after every citizen from the cradle to the grave, and in turn, expect all of us to put our best efforts forward for the betterment of the nation. The rules will be much strict for the anti-social elements in any sphere of life.

Workers will have got their rightful due. They will no longer be dependent upon the mercy of their employers. They will be equal partners in the progress of the industry. The unemployment problem seems to have solved to a great extent with the expansion of industries into far off villages along with the modernization of Agriculture. The New Education Policy will have borne its full fruit and the whole system of Education will be vocational zed and there will be no problem of skilled workers and jobs for them.

Hopefully India would be one of the great power of the world in terms of her war-preparedness and the current problems of terrorism and border skirmishes will have died a natural death and everything will be stable with everything. India will have proved to be an electronic giant in terms of the production and export of electronic goods.

Our relations with our neighbours countries will have turned to be fully cordial including China and our efforts to make South Asia a single unity would have borne fruit to a great extent.

Absolute-Study

Hindi Essay, English Essay, Punjabi Essay, Biography, General Knowledge, Ielts Essay, Social Issues Essay, Letter Writing in Hindi, English and Punjabi, Moral Stories in Hindi, English and Punjabi.

This is the west essaay for the students’ thanks

Save my name, email, and website in this browser for the next time I comment.

Essay on Future of India

Students are often asked to write an essay on Future of India in their schools and colleges. And if you’re also looking for the same, we have created 100-word, 250-word, and 500-word essays on the topic.

Let’s take a look…

100 Words Essay on Future of India

The rise of india.

India’s future is bright, full of potential and promise. With advancements in technology, it’s becoming a global leader in various sectors.

Technological Advancements

India’s tech industry is booming. With initiatives like ‘Digital India’, the country is rapidly digitizing, opening new opportunities.

Education and Skill Development

India’s focus on education and skill development is preparing a competent workforce, ready to meet global demands.

Environment and Sustainability

India is also working towards sustainable development, aiming to balance economic growth with environmental preservation.

The future of India is a blend of technological progress, educational advancements, and sustainable practices, promising a prosperous tomorrow.

250 Words Essay on Future of India

The vision of future india.

India, a land of diverse cultures, languages, and traditions, is on the cusp of a new era. The future of India lies in harnessing its potential as a knowledge economy, capitalizing on technological advancements, and nurturing its human capital.

Knowledge Economy and Digital Transformation

The future of India is deeply intertwined with its transition to a knowledge-based economy. With the digital revolution, India has the potential to become a global hub for innovation, research, and development. The government’s Digital India initiative is a step towards this vision, aiming to transform India into a digitally empowered society.

Advancements in technology, particularly in artificial intelligence, machine learning, and robotics, are poised to redefine India’s future. These technologies can revolutionize sectors like healthcare, agriculture, and manufacturing, leading to increased productivity and improved quality of life.

Human Capital and Education

India’s demographic dividend, with more than 50% of its population under the age of 25, presents a unique opportunity. However, it also poses a challenge. The need for quality education and skill development is paramount to prepare this workforce for the future.

Challenges and Opportunities

Despite these prospects, challenges remain. Socioeconomic disparities, infrastructural gaps, and environmental concerns need to be addressed. However, with effective policy measures, robust institutional frameworks, and a commitment to sustainable development, India can overcome these challenges.

In conclusion, the future of India is promising, filled with opportunities and potential. By leveraging technology, investing in human capital, and addressing existing challenges, India can chart a path towards a prosperous and inclusive future.

500 Words Essay on Future of India

The dawn of a new era.

India, a country with an ancient civilization and rich cultural heritage, stands at the cusp of a new era. With a population of over 1.3 billion, it is poised to become the most populous nation by 2027. This demographic dividend, coupled with rapid technological advancements, holds the promise of catapulting India into the league of developed nations.

Technological Innovation

India is rapidly emerging as a global hub for technological innovation. The IT sector, which currently contributes about 8% to the nation’s GDP, is expected to play a pivotal role in shaping India’s future. The proliferation of startups, especially in the fields of artificial intelligence, machine learning, and data analytics, is testament to this trend. These technologies are not just creating new jobs but are also driving efficiencies in sectors as diverse as healthcare, agriculture, and education.

Infrastructure Development

Infrastructure development is another key area that is set to transform the landscape of India. The government’s ambitious ‘Smart Cities’ initiative aims to build 100 smart cities that leverage technology to improve urban life. Additionally, the ‘Bharatmala’ and ‘Sagarmala’ projects aim to improve connectivity and spur economic growth.

Environmental Sustainability

India’s future is also intertwined with its commitment to environmental sustainability. The country is making significant strides in renewable energy, with a target of achieving 175 GW of renewable energy capacity by 2022. The successful implementation of the world’s largest clean cooking fuel program, ‘Ujjwala Yojana’, is another feather in India’s sustainability cap.

Challenges Ahead

In conclusion, the future of India lies in leveraging its demographic dividend, harnessing technological advancements, improving education and skill development, and committing to environmental sustainability. While challenges persist, the spirit of resilience and innovation that characterizes India gives hope for a bright and prosperous future. As India stands on the brink of a new era, it is poised to not just transform itself, but also make significant contributions to global progress.

That’s it! I hope the essay helped you.

If you’re looking for more, here are essays on other interesting topics:

Happy studying!

One Comment

Pls give a essay on “My role in future of india ” in 600 words😊

Case studies

Advanced Manufacturing

How a manufacturer eliminates cost and value leakages with AI-ML

03 Jul 2024 Vinayak vipul

How a young cement company grew 2.5x with organizational and functional transformation

05 Apr 2024 EY India

How a state government transformed into an ecotourism haven

12 Mar 2024 EY India

We bring together extraordinary people, like you, to build a better working world.

Experienced professionals

EY-Parthenon careers

Student and entry level programs

Talent community

At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.

July 2024 recorded PE/VC Investments worth US$2.7 billion across 81 deals: EY-IVCA Report

14 Aug 2024 EY India

EY expands its EY ESG Compass platform with new innovative use-cases

06 Aug 2024 EY India

78% of Indian consumers prefer human customer service support when shopping online: EY Report

No results have been found

Recent Searches

Sustaining India’s long-term economic growth: strengthening role of government finances

Discover the crucial role of government finances in sustaining India's growth and how fiscal strategies can propel long-term economic stability.

How petrochemical industry in India drives growth with investment and innovation

EY highlights how Indian petrochemical companies can navigate rising demands and global competition. Learn more.

How 2024 policy shifts are advancing India’s green hydrogen sector

The 2024 Budget supported green hydrogen development, aligning with India’s energy transition and decarbonization strategy.

Select your location

Portrait of five stages of flower with sky background

Indian economy by 2050: In pursuit to achieve the $30 trillion mark

Photographic portrait of D.K. Srivastava

EY India Chief Policy Advisor

Link Copied

Economy Watch - August 2022 (PDF)

India to reach us$5, 10, 20 and 30 trillion by fy27, fy34, fy43 and fy48, respectively..

The UN World Population Prospects 2022 projects India to have the largest population by 2023.
As per OECD’s baseline projections, India would overtake the US to become the second largest economy in terms of size of GDP in purchasing power parity (PPP) terms by the late 2040s.
However, with suitable supporting policies and altering some of the OECD assumptions, India’s GDP growth path may be modified with a view to taking better advantage of the unfolding population trends.

From population to output

I n the assessment of India’s growth potential, one key determinant as well as an important objective variable is the availability of human resources, which pertains to the size and growth in the working age population of India. The potential contribution of the growing population to India’s GDP growth would depend, among other factors, on the rate of growth and size of total population and its contribution to the size of working age population who may be absorbed in productive employment. It would also depend on increase in labor productivity and the impact of rising per-capita income on savings and capital formation. The working age population is estimated to decline at a rate lower than that of total population. Even as working age population declines over time, its adverse impact on potential growth rate can be overcome by its higher rate of absorption in productive employment and an increase in productivity. Absorption in productive employment and increase in labor productivity would depend an increase in the employment elasticity of output and higher investment in human capital, requiring a significant augmentation of education and health expenditures.

Future share and size of the Indian economy: alternative scenarios

The OECD focuses on projecting the potential or trend output growth based on a long-term model in which the key determinants of growth include growth of capital stock and its productivity, growth of labor force and its productivity, and the pace of technological progress (Guillemette and Turner, 2018; Johansson A. et al., 2013; OECD, 2014) 1 .

Table 1 below gives the estimated growth rates for a selected group of countries in the OECD baseline scenario. In the case of world, China, India and the US, average growth rates progressively fall, decade after decade, although the rate of this decline slows after the 2030s. The main reason for the falling growth rates is the declining marginal productivity of capital and reduced contribution of the technological progress.

period average growth rates from 2022 to 2060

As compared to the average growth rates given in Table 1 for India, we work on alternative growth paths for India, leaving projections for other countries as per the OECD baseline scenario (Table 2). However, the world growth and India’s share in world output changes with each simulation as the share of India in world output increases. In the initial period covering 2022 to 2025 (FY23 to FY26 for India), we have taken a lower average growth for India as compared to the OECD projections based on more recent information (RBI Monetary Policy Review, August 2022 and IMF World Economic Outlook, April 2022).

However, 2026 (FY27) onwards, in each of the three simulations (S1, S2, and S3), there may be a slight increase in India’s assessed average growth as compared to the OECD baseline scenario. This is dependent on India taking fuller advantage of the population growth trends, which results in both increased rate of accumulation of capital stock and increased employment. If India is able to follow suitable growth-supporting policies, its average five-year growth rates would turn out to be higher than those projected by the OECD, especially in the latter decades. However, in each scenario, average five-year growth rates continue to fall, similar to the trend in the OECD baseline scenario. Thus, in the most optimistic scenario (S3), the average growth rate in the 2050s is 4.9% each in the two five-year blocks as compared to the OECD projections of 2.4% and 2.3%, respectively.

period average growth rates for alternative scenarios from 2022 to 2060

Based on these projections, we can work out the size of the Indian economy in market exchange rate and PPP terms as well as the share of the Indian economy in global GDP. Chart 1 below shows the evolving size of the Indian economy in both market exchange rate and PPP terms. In Market exchange rates terms, the Indian economy would cross the thresholds of US$5, 10, 20 and 30 trillion in FY27, FY34, FY43 and FY48, respectively. We expect that by FY48, in PPP terms, India’s GDP may reach the US$40 trillion mark. Consistent with this scenario (S2), the share of India in world GDP is shown in below Chart 2. By 2047 (FY48 for India), India’s share may increase to 19.6%.

Accordingly, India’s per capita GDP which is almost 50% of the world per capita GDP in PPP terms currently (FY22 and FY23) would catch up to the world level by the early 2040s. This would become 1.5 times the world per capita GDP by 2057 (FY58) under S2.

Indian economy: the long picture

We take a long-term view of India’s trend growth rate based on actual growth and estimated potential growth covering a period of more than 100 years from 1951-52 to 2059-60. Growth numbers 2022-23 onwards are based on simulations under alternative assumptions, referred to as S1, S2 and S3. In this long history two major dips occur in 1972-73 and more recently, in 2020-21 pertaining to the year affected by the COVID-19 shock. In the historical period there was a peak in trend growth in 1958-59 and then in 2008-09. In the projection period, in all simulations, a peak in the trend growth rate of close to 7% is reached by 2029-30 after which there is a steady decline just as in the case of OECD projections where growth rate falls for most countries in the long run due to a fall in the contribution of capital stock to growth, among other factors.

How EY can help

Our tax policy professionals can help you stay ahead of potential tax changes, better manage tax risk and understand key tax trends. Find out more.

OECD Multilateral Instrument (MLI)

Our BEPS team can help you navigate the OECD Multilateral Instrument (MLI) and understand what it means to your business and structure. Find out how.

Determining policy priorities

The following policy measures may be critical to sustain India’s growth:

There is a need to increase the size of government expenditure relative to GDP for which augmenting the combined tax-GDP ratio is a pre-requisite. Further, there should be an increase in the share of combined expenditure on education to 6% of GDP and on health to 3% by the mid-2030s, rising subsequently to about 5%.
Alongside, adherence to fiscal responsibility may facilitate higher emphasis on infrastructure investment. Further, the fiscal policy should also ensure a balance on the combined government revenue accounts and utilization of the entire capital receipts, including fiscal deficit for capital expenditure.
Female workforce participation rate in India is still comparatively low. As per International Labour Organization (ILO) data, India’s female labor force participation rate has been declining in recent years. The ILO has estimated this rate to be as low as 18.6% in 2020. Emphasis on female education and health may help tangibly increase their participation in productive activities.
Emphasis on better health provisions may enable an increase in the number of working years for India’s gradually rising old age population.
Investment in education and technological skills would accelerate adoption of global technologies in India, thereby augmenting the contribution of technological progress to growth.
A virtuous cycle of higher per capita income, lower dependency ratio, and higher female earnings in the family may facilitate higher savings and investment, and thereby growth.
Overall, employment intensity of output needs to be increased. To some extent, this would be facilitated by the relatively higher growth of the services sector, which tends to be more employment intensive.
Guillemette, Y. and D. Turner (2018), " The Long View: Scenarios for the World Economy to 2060 ", OECD Economic Policy Papers , No. 22, OECD Publishing, Paris; OECD (2014), “Growth Prospects and Fiscal Requirements over the Long Term”, in OECD Economic Outlook , Volume 2014 Issue 1 , OECD Publishing, Paris; Johansson Å. et al. (2013), “ Long-Term Growth Scenarios ”, OECD Economics Department Working Papers , No. 1000, OECD Publishing, Paris

India in 2050: Future of Work

Digitization and exponential technologies like the Internet of things, big data, blockchain, artificial intelligence, 3D printing, machine learning, and robotics not only disrupt the ways we design, produce, manage and maintain products and services at a fast pace, but also the way we will work in the future. IBM’s Watson technology is already complementing human decision-making in fields such as cancer diagnostics through artificial intelligence. So will Watson and Co replace human labor in 2050? Global thought leaders like Stephen Hawking are warning already that the very technology that has been an enabler for mankind in the past, has the potential to destroy the world, as increasing automation is going to decimate middle class jobs, worsening inequality and risking significant political upheaval.

While emerging technologies bring higher productivity and efficiencies, estimates already suggest that up to 45% of tasks people are paid to do every day could be automated in the future—with big impacts on emerging markets. China is acquiring 160.000 robots this year and a recent report by Citi and the Oxford Martin School shows that the Chinese market has already replaced the US as the largest market for industrial automation. In India, textile giant Raymond is planning to cut about 10,000 jobs in its manufacturing centers in the next three years, replacing them with robots. IT-Giant Infosys has already announced reducing jobs through automation. The future will see business without people, like the fast-food chain Eatsa that requires zero human interaction.

The ‘future of work’ is not only shaped by automation, but also by changing aspirations: Enabled by technology and driven by increasing entrepreneurialism, the idea of ‘employment’ is already changing: The current generation of millennials is increasingly looking for purpose and personal development. The rise of the ‘on demand’ economy gives more power to the individual: Estimates suggest that by 2020, 1 in 2 people in the US and UK will work in a freelance capacity. While routine tasks are expected to be increasingly completed by intelligent machines and technology, creativity, analytical skills and problem solving will be requirements of the job of the future.

Is the picture so gloom? Human history has shown that technology has not only improved working conditions and living standards, increased value creation and raised incomes, it also created life-changing innovations such as the steam engine, the conveyer belt, airplanes or the internet – and yet we fail to predict its implications. “The global demand for cars will not exceed 1 million, one reason being the shortage of drivers,” estimated Gottlieb Daimler in 1901. In the same year, Wilbur Wright, a pioneer in aviation, estimated: “It will not be possible for humankind in the next fifty years to take-off in a metal plane.” The rest is history. We are certain that the future of work is changing, but the effects will not only be negative. These shifts will play out differently in India – and we need to join forces to prepare and make it inclusive.

THE FUTURE OF WORK IN INDIA 2050 – Threat or opportunity?

Job creation is one of India’s biggest development challenges. Unemployment is projected to increase from 17.7 million last year to 17.8 million in 2017 and 18 million next year. The challenge is increasing with one million young Indians entering the labor market every month: The average age of an Indian in next two decades will be an average of 29 years as compared to the age of 37 years for China and 48 years for Japan. Job growth is not keeping up with this pace: According to Labor Bureau data, only 0.13 million jobs have been created in the last year, while 13 million people are added to the workforce every year. So where are the jobs? World Bank estimates that automation could replace up to 69% of jobs as we know them today in India. As per a recent survey, over 25% of employers in India expect to reduce the headcount as a result of digitization. At the same time, India 2050 will have 1.6 billion people connected to a global 9.7 bn market, opening up new opportunities for income generation and the way people engage with ‘work’. So against these trends, how does the future of work look like in India 2050?

WHAT WE DO: Complementing forces – The worker of the future leverages technology

The future will look positive for high skilled labour – but what does it look like for unskilled and semi-skillled labour? In India in 2050, many of the routine jobs will most likely be replaced by technology and cheap labor will cease to be a competitive advantage in India. Agriculture will be one of the sectors most affected by the shift, as 55% of Indians are employed in agriculture. They contribute only 16% net to the GDP, as most farmers are engaged in subsistence farming. Technology advances may change the scenario: In the short term, the farmer of the future will leverage technology to gather knowledge, increase his skills and produce closer to the market requirement, at higher prices and without losses along the value chain. In the long run, the ‘farm of the future’ will be driven by talent that leverages sensors, IoT, robotics and artificial intelligence to increase productivity and reduce cost, hence increasing competitiveness of the sector and potentially leading to another ‘green revolution’.

Similarly, the manufacturing sector will go through a transformation. While India’s share of manufacturing employment is small with just 12% of all jobs , emerging technologies such as 3D-printing, robotics, and artificial intelligence will impact the way we think about “Make it in India” and its impact on employment creation. While in the short-term, automation may replace routine and manual jobs, the factory of the future will be driven by newly skilled professionals leveraging a connected environment of technology and data insights from research and development to production processes, maintenance and repair, creating customized products and responding to shorter product life cycles. Future factories will operate hyper-efficiently: Internet of things, connectivity, artificial intelligence and analytics will create a more agile and flexible shop floor, improving asset efficiency, at the same time requiring new skills from operators. As a result, India’s manufacturing has the potential to boost productivity and hence increase competitiveness.

Likewise, India’s IT industry will experience a major shift: A report released by NASSCOM predicts that the industry will generate $350 billion revenue by 2025, but because of automation, the total number of jobs generated will be 50% less than predicted. At the same time, new type of jobs will be created: While today, the IT-sector has mostly routine-jobs, the sectorwill see a 56% increase in high-skilled jobs that require analytical and problem solving skills. Intelligent technologies will augment existing jobs and enable us to be more productive, make better decisions, produce goods and services faster and closer to the user, and create new jobs. Rather than fearing how automation, robotics and 3D Printing are replacing jobs, the potential for India lies in creating new kind of jobs that combine automation with human interaction, as machines and humans are highly complementary and make use of productivity gains.

HOW WE DO: The “Uberization of labor” and Micro Entrepreneurship 2.0

Mass employment through boosting manufacturing has not been a “silver bullet” to take Indians out of unemployment; however, emerging technologies will act an enabler for generating new employment opportunities. No one has demonstrated this better than Uber: The company’s success in developing a mobile application that allows individuals to submit a trip request to drivers who use their own cars has disrupted not only the transportation sector, but the way we think about exchanging underutilized capacity of existing assets or human resources with close to zero transaction costs.

Talent platforms like Pilot show that the next wave of the ‘on demand’ economy will give more power to the individual and disrupt the way we think about employment. Indian-startup Squadrun provides a platform for individuals to take up tasks remotely such as verifying, categorizing and enriching data for global businesses. OlaCabs , TaxiForSure or Russsh are other Indian examples leveraging ‘on demand’ and providing jobs for India’s underutilized masses and giving rise to a new kind of micro entrepreneur providing services for those who value convenience. The pool of contingent workers may soon include students, single parents, young unemployed and pensioners. According to GSMA , 1 million jobs have been created in 2016 alone by the ‘on demand’ and sharing economy.

HOW WE ORGANIZE OUR WORK: The future of work is decentralized

Enabled by technology, the future of work will strengthen decentralization of work: On the individual level, this means work and value creation can happen from anywhere. Transformation of the workplace is already happening: Remote working, co-working and teleconferencing are today’s drivers empowering the individual and providing new kind of freedom. Mobile and cloud technology allow remote and instant access, democratizing access to jobs and income opportunities. With the shifts is what and how we work in India of the 2050, the way work is organized changes: Roles within companies will change and the way business is organized will shift to more decentralized structures, empowering individuals and teams.

This trend of individuals offering their service on platforms to increase their income opportunities will boost a new form of collaborative economy and give rise to new organizational models: While traditionally, organizations were formed to reduce transaction costs, technology enable new forms of getting work done—to the extent of removing the aggregating entity, the firm, completely and allowing individuals to transact directly with each other. In a system where information can flow easily and emerging technologies can reduce the transaction costs of matching labor and requirements, the individuals can become nodes in a single marketplace and form “just in time” teams and organizations. New collaborative platforms enable a seamless integration into global labor market on one hand, while it strengthens localized market places on the other hand. Token-based payment systems will support individuals to work seamlessly with each other and receive value for their work.

HOW WE NEED TO PREPARE: The future of work is near, but will it be inclusive?

India in 2050 will see new opportunities for those ambitious to learn and engage, while providing opportunities to engage and to offer labor on new kind of market places for those engaged in routine-tasks. To prepare, the task ahead of us requires re-skilling and strengthening of current capabilities to prevent a growing gap between those who have opportunities and those who are excluded. We face the risk of rising class struggles if we don’t take action and prepare. We believe preparing for an inclusive future of work means i) massive efforts in up-skilling through innovative forms of training delivery, ii) new kinds of job discovery for those un- and semi-skilled workers, iii) re-thought incentives for automation in countries with high population like India, and iv) social security structures that support those excluded from opportunities.

Up-Skilling Innovations

The future labour market will reward those who are keen to learn, the problem solvers and creative. But this is not everyone: India can take advantage of new forms of learning, training and skill building to up-skill those willing to learn. Emerging technologies enable customized, and contextual training delivered through videos, text, games and other mediums, independent of centralized educational institutions such as universities. While MOOC-enabled distance education has been around, the future lies in a combination of ‘education on your fingertips’ through formats such as accessible nanodegrees in vernacular languages and more engaging virtual reality-enabled class room education enabled via mobile phones. Platforms like Udemy are already today providing new ways of ‘just-in-time’ skilling and providing trainings on core competencies. In the future, these offerings may have to be broadened to include all part of society.

Job Discovery & Matchmaking Innovations

The micro entrepreneurs of the future require open access platforms to offer their talent. The Facebook is already making headway and providing help to lower skilled people to find jobs. Platforms like US-based Viridis use advanced algorithmic technology to assist students and job seekers with mid-level skills to find jobs. Startups like India-based Shortlist use smart algorithms to match talent, especially young job entrants, with opportunities. Models exist in other forms of the world, like Kenya, where mobile-based platform KaziConnect is connecting informal workers with jobs and offering them the chance to skill up through training courses and mobile education, and offering certifications that can be uploaded onto their profiles. Such platforms offer particular potential to bring women from lower income groups into the workforce, who often find it more difficult to access the job market.

Re-thinking Incentives

While some of thinking of regulating automation, this is not the answer: Policy makers need to encourage innovation and competitiveness; however, they can incentivize the private sector to take part of the re-skilling investment. Private investment is critical to address the re-skilling task, and incentives need to be created to crowd in private capital. In addition, decrease in overall amount of number of jobs is not per se a negative thing, if coupled with other interventions: Countries are already moving to 4 day work week or 20 hour work week, and as long as the income earned pays the bills there is no problem with that. This re-structuring of work provides opportunity to give work to more people and hence counter the effects of job destruction caused by automation.

Protecting those at the Base of the Pyramid

We need to think of new systems to secure income for those who cannot keep up with the speed of technology: Ideas like universal basic income and tailored ways of transferring social benefits to those in need and complementing their incomes will be needed to prevent growing inequality and the rise of a two-tiered society. Innovations are needed that allow those micro entrepreneurs working in the ‘freelance’ and on demand economy to articulate their interests. With the advent of the on-demand economy, the structure and the ability of unions to fight for labor rights will be diminished, due to the latent and flexible nature of jobs. New structures will need to be thought of to empower individuals to raise their voice.

Call for Action: Towards an inclusive future

Will the future of work mean we need to be afraid of machines solving tomorrow’s problems: Not necessarily, if we take action nowt! We do not believe that machines will have replaced humans in doing everything we consider valuable: Eradicating diseases? Erasing poverty? This will be done only with the people-centric innovation economy that uses machines to provide insights at speed, customize solutions, democratize access and change existing systems to elevate the value of people and empowering them. At the same time, we need to jointly work on creating mechanisms to provide opportunities and income to those at the Base of the Pyramid and to create an inclusive futureof work.

Stefanie Bauer:

Stefanie is Associate Vice President at Intellecap. She brings over 10 years of experience in the field of Private Sector Development in Europe, Africa and Asia. At Intellecap, she is currently leading research and consulting engagements around emerging technologies and their impact for social development in emerging markets.

Samruddhi Mulye:

Samruddhi heads HR for Intellecap-Aavishkaar Group. She brings with her over 17 years of HR experience. Her proficiency being in Capacity-Building , Performance Management and Program Development for institutional transformation.

18 April 2018

Meet the private sector startups leading the drive for better solid waste management in india.

Agtech in Southeast Asia: An untapped opportunity

5 Reasons why Technology will fail to disrupt Agriculture Value Chain in India

Connect with us, [email protected], our impact map.

Sign up for our newsletter

Big ideas for India 2050

TOP TRENDING

How could India bolster economic inclusion?

Get to know and directly engage with senior mckinsey experts on india..

Amit Khera and Jaidit Brar are senior partners in McKinsey’s Gurugram office, where Rajat Dhawan is also a senior partner and McKinsey’s India managing partner; Avinash Goyal , Neelesh Mundra , Noshir Kaka , Peeyush Dalmia , Rajat Gupta , and Renny Thomas are senior partners in the Mumbai office; Daniel Pacthod is a senior partner in the New York office; Gautam Kumra is the chair of McKinsey’s offices in Asia and a senior partner in the Singapore office; Kweilin Ellingrud is a director of the McKinsey Global Institute (MGI) and a senior partner in the Minneapolis office; Shivanshu Gupta is a senior partner in the Bengaluru office; Srikant Inampudi is a senior partner in the Detroit office; Sven Smit is the chair of MGI and a senior partner in the Amsterdam office; Tomas Nauclér is a senior partner in the Stockholm office; Tracy Francis is McKinsey’s chief marketing officer and a senior partner in the São Paolo office; and Ulrich Weihe is a senior partner in the Frankfurt office.

According to McKinsey analysis, more than half the population of G-20 countries—about 2.6 billion people —live below what’s called the line of economic empowerment . That means they don’t have enough money to meet the full range of essential needs and begin attaining economic security.

Seventy-seven percent of India’s population—over a billion people—live below this economic-empowerment line. That’s the largest empowerment gap of any G-20 nation. These people may be subsistence farmers who live far from the nearest medical clinic, without access to digital networks or even clean drinking water. Low-income urban residents may live in slums or tenements. Those who are better off financially may still lack the means to meet their basic needs: for example, these people may live in rural areas with entrenched poverty and few job opportunities, or they may be forced to live in small, crowded apartment buildings in unsafe urban neighborhoods, with little privacy and few quiet spots for children to study.

In India, as with other G-20 economies, economic growth and business innovations will be critical to future economic inclusion; in fact, these levers could erase more than 90 percent of the empowerment gap. To put that in human terms, accelerated economic growth and business-led innovation alone could lift about 700 million people above the threshold by 2030.

Circular, white maze filled with white semicircles.

Introducing McKinsey Explainers : Direct answers to complex questions

How could indian companies achieve extraordinary growth.

The private sector will be a crucial partner in helping India achieve the growth needed to bolster economic inclusion. McKinsey analyzed the performance of over 800 publicly traded Indian companies between 2012 and 2022. One in five companies was able to double its revenue every five years and quadruple it in ten. This growth rate is more than two and a half times the GDP growth rate during the same period—and can act as a catalyst for GDP growth more generally.

How could other Indian companies achieve this level of growth? Here are three elements organizations can consider to accelerate the development of their core businesses:

Unleash the full potential of digital and data. Digital transformations are a common accelerator of companies with extraordinary growth. Data and AI can streamline processes and enhance capabilities across the board, including pricing, marketing, and decision making.
Reallocate resources with agility. Companies that expand by maintaining or increasing their exposure to fast-growing, profitable segments can outperform their peers. And organizations facing market headwinds may need to aggressively reallocate their resources. High-growth companies often assess reallocation opportunities with a microscopic view rather than a macro lens.
Invest in the next line of leaders. Empowering leadership throughout the organization can enhance operational efficiency, as top executives are better able to focus on propelling the organization toward innovation and growth. McKinsey has found that investing in culture and leadership can contribute to an improvement in overall organizational health and performance within as little as six months .

High-growth companies often look beyond their core businesses, transferring skills acquired in one field to others. Here are four essential growth factors:

pursuing adjacent opportunities by using existing assets and capabilities
creating new breakout businesses to achieve growth via disruptive innovation and new-business categories
building new export markets worldwide
engaging in strategic mergers and acquisitions to help build organizational capabilities and best practices

What role could India play in achieving net zero?

At COP26 in 2021, India announced its ambition to become a net-zero emitter by 2070. India is the third-largest emitter globally, emitting a net total of 2.9 gigatons of carbon dioxide equivalent (GtCO 2 e) every year as of 2019. About 70 percent of these emissions are from six sectors: power, steel, automotive, aviation , cement, and agriculture.

Achieving net zero will be a big lift in India, as it will be in the rest of the world . McKinsey analysis shows that the benefits of a well-planned, orderly, and accelerated transition could outweigh the downsides, given India’s growth outlook .

McKinsey has isolated four cross-cutting decarbonization opportunities in India:

Green hydrogen . Hydrogen is a versatile energy source. It’s derived from water and has no greenhouse gas emissions. Adoption of green hydrogen could enable an annual abatement of 900 megatons of carbon dioxide equivalent (MtCO 2 e) by 2050. But this depends on the evolution of green hydrogen’s cost competitiveness. At present, green hydrogen is relatively expensive to produce, but production costs are expected to fall by approximately 50 percent by 2030. Costs can be reduced by accelerating R&D, adopting cutting-edge technologies, and ensuring early demand. Hydrogen business building is already under way in India: the energy group Reliance announced an investment of $75 billion for renewables infrastructure, with the intention to first produce cheap blue hydrogen and then transition to green hydrogen.
Carbon capture, utilization, and storage (CCUS). Adoption and scaling of new CCUS technologies could help reduce industrial emissions further, particularly for hard-to-abate sectors like cement, oil and gas, and chemicals . CCUS could help capture 11.4 GtCO 2 e across these sectors cumulatively by 2070. A hub model for CCUS—or centralized infrastructure to connect multiple carbon capture facilities, transportation systems, and storage sites—could increase efficiency further.
Natural climate solutions (NCS). NCS are conservation, restoration, and land management actions that can either prevent emissions or remove carbon dioxide from the atmosphere. In an accelerated scenario, India’s natural resources can sequester 640 MtCO 2 e annually by 2050. Nearly 85 percent of sequestration would come from forests (avoiding deforestation and pursuing reforestation), agroforestry (trees in cropland and regenerative agriculture), and urban tree planting.
Material circularity. India currently generates 750 million to 800 million tons of waste across waste streams, with recycling rates of 13 percent for nonagricultural waste streams. If recycling rates improved to 80 percent, there would be a significant increase in recycled raw materials, which could help abate up to 34 MtCO 2 e by 2070. Recycled raw materials help reduce emissions by between 50 and 95 percent in the production of steel, cement, plastic, aluminum, and other materials. Material circularity would require investment in recycling infrastructure, as well as enforcement of waste management and extended-producer-responsibility regulations.

What role could innovation play in India’s future?

The sheer scale of India’s economy—and the scale of the challenges it faces—means that innovation in any sector stands to have a huge impact. Technological innovation has a major role to play in accelerating equality. “For a country of our size, and with our kind of population and geography, we will never attain financial inclusion without very strong technology backing,” says Arundhati Bhattacharya , CEO of Salesforce India and former chair of the State Bank of India.

Entrepreneurial Indian businesspeople are developing solutions. Nandan Nilekani cofounded the Indian IT giant Infosys and served as its coexecutive chair until 2009, at which point he joined the Indian government to develop population-scale, open-source innovations. Beginning in 2010, he led the rollout of a digital identity card called Aadhaar, named for the Hindi word for “foundation.” Aadhaar is the world’s largest biometric program, enabling previously unbanked people to open accounts and gain financial inclusion at very low or no cost. As of 2022, 1.3 billion people had an Aadhaar ID.

Another financial innovation Nilekani has been involved in is the account aggregator network, which allows individuals to use their own digital trails to get access to credit or personal finance. Small businesses can also use it to obtain working capital. This can help democratize and transform finance in India, says Nilekani .

Innovation can also play a role in the agriculture industry . Flourishing agriculture could boost the economy and significantly improve farmers’ livelihoods and income. By 2030, McKinsey estimates that agriculture could contribute about $600 billion to India’s GDP. Agricultural technology, or agtech, is essential to powering India’s farming transformation. Existing agricultural companies are using digital technologies in the following ways:

Farm supply providers are using technology to create direct-to-farmer sales channels to bypass intermediaries.
Financial-services providers are using technology to better understand farmers, provide targeted products, and reduce loan risks.
Agricultural product procurement, processing, and sales firms have started to integrate backward into the supply chain and create market linkages for the farmer.

As investors, agtech companies, and government agricultural actors continue to innovate, collaboration will be critical. The better they know each other, the better the products they will be able to develop. Ultimately, the agtech ecosystem has the potential to increase Indian farmers’ incomes by up to 35 percent .

How could the Indian banking sector build resilience?

Banks worldwide had a strong year in 2022 but a difficult one in 2023. The growth and profitability of global banking will likely face continuing challenges, given a muted economic-growth outlook and continuing geopolitical tensions.

It’s a different story in India, where banks have withstood interest rate and macroeconomic volatility and provided strong financial returns —and outperformed their global peers on growth and profitability. But for the modern financial institution, strong returns alone won’t guarantee smooth sailing through uncertain waters ahead. To strengthen their defenses and build resilience, Indian banks could engage a broader network of stakeholders, take a broader view of impact, and assess performance more holistically. Here are some essential dimensions for improvement:

Financial performance. Indian banks have led with healthy credit growth of about 10 percent over the past decade. Higher returns on assets than those of global peers have resulted in a valuation premium. To further improve financial performance, Indian banks could build capabilities for digital infrastructure and to serve growing mid- and mass-affluent segments. They can also double down on AI, incorporating generative AI and machine learning into their decisions.
Industry health. Consolidation across public sector banks in recent years has yielded larger, healthier institutions—and greater competition. To outperform in this new climate, banks could focus on building new partnerships, including with fintechs . They could also scale up co-lending partnerships to participate in a national framework intended to promote lending and credit flow to underserved segments of the population. More of these types of partnerships can help banks extend beyond traditional channels, deepen engagement, and reduce operating costs.
Customer experience. Customer centricity has improved, with banks offering new digital journeys and super apps to help maintain their leadership positions against challenges from fintechs and major tech companies. But Indian banks have yet to create frictionless processes across onboarding, underwriting, and servicing touchpoints. There are two major opportunities for growth: increased personalization, as well as better digital and analytics-led data collection to provide a more uniform customer experience.
Societal and environmental responsibilities. Banks in India have played a crucial role in propelling economic inclusion through microfinance and business correspondent coverage (which provides banking and other financial services to underserved or remote areas where bank branches aren’t accessible). They could continue these efforts by serving growing, rural credit demand (rural credit demand has grown by more than 10 percent over the past few years). Environmentally, most banks have yet to lay down strategies for achieving net zero. A significant gap of 75 percent exists between India’s need for climate finance and its current supply. Banks have the chance to become the first movers in important areas of the climate finance agenda, via partnerships and go-to-market models for frontier industries.
Operational resilience. Indian banks can address operational resilience by focusing on tech infrastructure, cybersecurity, data management, and talent management practices to improve operating environments. Banks can also revamp employee value propositions—addressing record-high attrition rates—by empowering employee collaboration, encouraging mentorship, improving work environments, and, yes, reviewing compensation. “A word of appreciation in a group or telling someone that you are grateful for the way things are being done can sometimes be far more valuable to a person than just money and stocks,” says Salesforce’s Bhattacharya.

How is IT evolving in India?

India has been a global IT center for decades. Infosys’s Nilekani says it’s a particularly exciting time for the industry: “It took 30 years for it to become a $100 billion industry in revenue. The next $100 billion came in ten years. The third $100 billion will come in three to four years.” This acceleration, he says, is due in part to the pandemic, which caused an increase in tech spending all over the world. In India, it will propel economic growth and job creation.

One big area of potential? Software as a service (SaaS). As of 2021, over a thousand Indian SaaS companies were bringing in $2.6 billion in revenue. That’s expected to increase to as much as $70 billion by 2030. Bangalore and Chennai are already SaaS hubs, but increasingly SaaS companies are scaling in smaller cities as well. This growth is caused by a few major factors: for one thing, India is unique in the global market in that companies can complete an entire initial go-to-market move there. This is a major advantage in a sector wherein the biggest constraining factor is how rapidly you can induce growth.

Another major factor is India’s massive talent pool. As of 2021, there were over three million developers in India alone. This talent pool is itself a big market for infrastructure tools, which represent about 40 percent of the overall SaaS market.

Freshworks , the India-born SaaS firm that now trades on the Nasdaq, is an example of what Indian enterprises can accomplish. In about ten years, Freshworks reached $300 million in revenue , working from a model of selling and going to market primarily from India.

What is India’s role in global healthcare?

During the COVID-19 pandemic, India’s healthcare and pharmaceutical companies supplied medicine to nearly 160 countries . This response to urgent demand highlighted India’s healthcare sector and its capabilities.

For one thing, India’s healthcare sector can produce drugs and medical devices inexpensively and at scale. Medical science is moving toward cutting-edge treatments like gene therapy, cell therapy, and CAR T-cell therapy that target specific or rare diseases. Indian talent, manufacturing capabilities, and equipment could significantly lower the cost of these therapies, potentially making them available to a much wider market.

Another opportunity lies in clinical development . India is home to a large population of patients who have not previously received any treatments and are therefore eligible for clinical-trial procedures. There’s also a robust hospital network and clear regulatory pathways for clinical development.

India’s competitive landscape gives pharmaceutical companies looking to graduate to the international sphere something of a baptism by fire. “The economics of competing in India,” says G. V. Prasad, cochair and managing director of India-based pharma multinational Dr. Reddy’s Laboratories, “ builds a lot of muscle in an organization, which makes it very competitive in the global arena. To that extent, I think Indian companies have demonstrated that they can be as competitive as anybody in the world.”

For a more in-depth exploration of these topics, see McKinsey’s insights on India . And check out India-based job opportunities if you’re interested in working at McKinsey.

Articles referenced include:

“ Achieving extraordinary growth: Myths and realities ,” February 19, 2024, Jaidit Brar , Raunak Shah, and Shivanand Sinha
“ Why the next decade in healthcare is India’s decade ,” December 12, 2023, Gautam Kumra
“ From India to the world: Unleashing the potential of India’s tourists ,” November 1, 2023, Divya Aggarwal, Margaux Constantin , Kanika Kalra, and Neelesh Mundra
“ From poverty to empowerment: Raising the bar for sustainable and inclusive growth ,” September 18, 2023, Anu Madgavkar , Sven Smit , Mekala Krishnan , Kevin Russell, Rebecca J. Anderson, Lola Woetzel, Kweilin Ellingrud , and Tracy Francis
“ Driving sustainable and inclusive growth in G20 economies ,” August 25, 2023, Abhishek Ahuja , Rajat Dhawan , Amit Khera , and Anu Madgavkar
“ Indian banks: Building resilient leadership ,” August 2, 2023, Ranganathan Badrinarayanan, Ashwaryaa Bhatia, Peeyush Dalmia , Satviek Goel, Siddhartha Gupta, Piyushi Jain, Siddharth Jogidasani, Madhur Maheshwari, and Renny Thomas
“ How agtech is poised to transform India into a farming powerhouse ,” May 10, 2023, Namrata Dubashi , David Fiocco , Avinash Goyal , Ayush Gupta, Nitika Nathani, and Abhik Tandon
“ The future of mobility: Transforming to be ahead of the opportunity ,” October 31, 2022, Jhankar Basu, Brajesh Chhibber , Rajat Dhawan , Shivanshu Gupta , Srikant Inampudi , and Ramesh Mangaleswaran
“ Decarbonising India: Charting a pathway for sustainable growth ,” October 27, 2022, Rajat Gupta , Divy Malik, Shirish Sankhe, and Naveen Unni
“ Green Growth: Capturing Asia’s $5 trillion green business opportunity ,” September 14, 2022, Ashwin Balasubramanian, Jun Hao Chua, Tomas Nauclér , and Daniel Pacthod
“ India as a pharma innovation hub: An interview with Dr. Reddy’s G. V. Prasad ,” August 17, 2022, Gautam Kumra
“ Why Infosys’s cofounder Nilekani is urging leaders to use tech for good ,” July 12, 2022, Gautam Kumra
“ Inside Rishad Premji’s quest to create a high-performing culture at Wipro ,” June 8, 2022, Anuj Kadyan
“ Leading from the heart: How Freshworks’ CEO built a global tech unicorn ,” May 17, 2022, Noshir Kaka
“ Salesforce’s Arundhati Bhattacharya on lifelong learning and talent reinvention ,” May 2, 2022
“ Accelerating India’s sustainability journey in chemicals ,” April 4, 2022, Jakob Fischer, Avinash Goyal , Rajat Gupta , Rupali Jain, Divy Malik, Chris Musso, Nitika Nathani, Naveen Unni, and Ulrich Weihe
“ The state of grocery retail in India ,” January 27, 2022, Surbhi Kalia, Kanika Kalra, and Abhishek Malhotra
“ Turning India into a SaaS power ,” December 23, 2021, Sid Tandon
“ From farm to sky: Feedstocks fuel India’s path to cleaner skies ,” July 6, 2021, Amit Khera , Daniel Riefer, Raman Sharma , and Christoph Wolff
“ A new growth formula for manufacturing in India ,” October 30, 2020, Rajat Dhawan and Suvojoy Sengupta
“ India’s turning point: An economic agenda to spur growth and jobs ,” August 26, 2020, Shirish Sankhe, Anu Madgavkar , Gautam Kumra , Lola Woetzel, Sven Smit , and Kanmani Chockalingam

A mature Indian tourist couple riding in a commuter train in Lithuania, talking, having fun, and looking out the window.

From India to the world: Unleashing the potential of India’s tourists

Doctors team preparing injection with COVID-19 vaccine - stock photo

Why the next decade in healthcare is India’s decade

How Blackstone is helping to build India’s next generation of global companies

SUGGESTED TOPICS
The Magazine
Newsletters
Managing Yourself
Managing Teams
Work-life Balance
The Big Idea
Data & Visuals
Reading Lists
Case Selections
HBR Learning
Topic Feeds
Account Settings
Email Preferences

Is India the World’s Next Great Economic Power?

Bhaskar Chakravorti
Gaurav Dalmia

Historically, the country’s expected rise has remained elusive. Here’s a look at what’s different now.

Is India’s economic rise inevitable? There’s good reason to think that this latest round of Indo-optimism might be different than previous iterations, but the country still has major challenges to address to make good on this promise. In terms of drivers, demand — in the form of a consumer boom, context appropriate innovation, and a green transition — and supply — in the form of a demographic dividend, access to finance, and major infrastructure upgrades — are helping to push the country forward. This is facilitated by policy reforms, geopolitical positioning, and a diaspora dividend. Even so, the country faces barriers to success, including unbalanced growth, unrealized demographic potential, and unrealized ease-of-business and innovation potential.

In 2002, India’s government launched a ubiquitous international tourism campaign known as “Incredible India.” Were it to launch a similar campaign today, it might as well be called “Inevitable India.” Not just enthusiasts within the country, but a chorus of global analysts, have declared India as the next great economic power: Goldman Sachs has predicted it will become the world’s second-largest economy by 2075, and the FT’s Martin Wolf suggests that by 2050, its purchasing power will be 30% larger than that of the U.S.

Bhaskar Chakravorti is the Dean of Global Business at The Fletcher School at Tufts University and founding Executive Director of Fletcher’s Institute for Business in the Global Context . He is the author of The Slow Pace of Fast Change .
Gaurav Dalmia is the Chairman of Dalmia Group Holdings, an Indian holding company for business and financial assets.

Partner Center

IMAGES

My Vision For India In 2050 Essay In 500+ Words » ️
what will India be like in 2050 essay in English#essay #english #india2050
write an essay India in 2050?
Future India (400 Words)
Essay on India in 2050
⇉Dream about Developed Country: India in 2050 Essay Example

COMMENTS

UPSC Essay: My Vision of India in 2050 A.D
In 2050, India will have significantly reduced income inequality and poverty through sound policies focused on health, education and empowering women. Even its poorest communities will have the resources they need to thrive. Rural India will exemplify Mahatma Gandhi's vision of local self-reliance and sustainability.
Essay on India In 2050
India In 2050 Essay Writing Tips. 1. Start by introducing the topic of India in 2050 and why it is important to think about the future of the country. 2. Provide some background information on India's current status in terms of economy, population, technology, and infrastructure. 3. Discuss the potential challenges that India may face in the ...
India Vision 2050
A vision of a developed India in 2050 based on fast catch-up growth and equality of opportunity. The paper discusses the role of digital systems, policy reforms, and social services in achieving this vision.
My Vision For India In 2050 Essay In 500+ Words » ️
Conclusion:- {My Vision For India In 2050 Essay} The India of my vision in 2050 will be an ideal country, where every citizen will be equal. Also, there is no discrimination of any type. In addition, It will be a place where women are seen as equals to men and respected equally. Also Read: Paragraph On My Vision For India @ 100 years. Essay On ...
(PDF) India: The future we want in 2050
in 2050 dep ends on the ch oices we all ma ke today. This repo rt pres ents visi ons of India in 2 050. It brings together: > What is feasible, based on what is known today. through the lens of ...
Five superpowers ruling the world in 2050
In 30 years, most of the world's largest economies will be those that are emerging today, surpassing current behemoths such as the US, Japan and Germany. Top 10 economies in 2050, according to ...
By 2050, India to have world's largest populations of Hindus and
Due to these factors, India's Muslim community will expand faster than its Hindu population, rising from 14.4% in 2010 to 18.4% in 2050. But, even with this increase, Hindus will make up more than three-in-four Indians (76.7%) in 2050. Indeed, the number of Hindus in India will still be larger than the five largest Muslim populations in the ...
Essay on "India in 2050 A.D." for School, College Students, Long and
Essay on "India in 2050 A.D." for School, College Students, Long and Short English Essay, Speech for Class 10, Class 12, College and Competitive Exams. Absolute-Study March 25, 2019 English Essays , Paragraph Writing , Short Speech 2 Comments
Essay on The Past, Present, and Future of India
In essence, India's journey from the past, through the present, and into the future, is a fascinating study of resilience, transformation, and potential. 500 Words Essay on The Past, Present, and Future of India The Past of India. India, a land of diverse cultures and rich heritage, has a history that spans thousands of years.
Vision for India in 2050
Vision. My vision for India, in 2050, is that she is in the top 3 in economies as measured by its GDP. Her economic growth is inclusive, lifts the entire population economically and its GDP per capita is within top 10 percent of the world. It is my vision that India would be within top 10 percent in (a) human development index (b) transparency ...
India as a potential superpower
The economy of India has transitioned from a mixed planned economy to a mixed middleincome developing social market economy and has become the largest South Asian economy with a notable public sector in strategic industries. [11] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the International Monetary Fund (IMF), on ...
Essay on Future of India
500 Words Essay on Future of India The Dawn of a New Era. India, a country with an ancient civilization and rich cultural heritage, stands at the cusp of a new era. With a population of over 1.3 billion, it is poised to become the most populous nation by 2027. This demographic dividend, coupled with rapid technological advancements, holds the ...
Indian economy by 2050: In pursuit to achieve the $30 trillion ...
Chart 1 below shows the evolving size of the Indian economy in both market exchange rate and PPP terms. In Market exchange rates terms, the Indian economy would cross the thresholds of US$5, 10, 20 and 30 trillion in FY27, FY34, FY43 and FY48, respectively. We expect that by FY48, in PPP terms, India's GDP may reach the US$40 trillion mark.
India 2050 : A Roadmap to Sustainable Prosperity
India 2050: A Roadmap to Sustainable Prosperity Ramgopal Agarwala No preview available - 2014. About the author (2014) Dr Ramgopal Agarwala is Chairman of Pahle India Foundation, New Delhi. Dr Agarwala graduated from Presidency College, University of Calcutta, and was a gold medalist in MA Economics. He did his PhD in Econometrics from ...
India in 2050: Future of Work
As per a recent survey, over 25% of employers in India expect to reduce the headcount as a result of digitization. At the same time, India 2050 will have 1.6 billion people connected to a global 9.7 bn market, opening up new opportunities for income generation and the way people engage with 'work'. So against these trends, how does the ...
India 2050: A Roadmap to Sustainable Prosperity
Chapter 1: Ending International Income Apartheid in the 21st Century. Chapter 2: India's Growth Story: A Basis for Confidence but in Need of Course Correction. Chapter 3: A New Paradigm for Sustainable Prosperity. Chapter 4: Growth Prospects: Downside Scenario and Preferred Scenario.
Big ideas for India 2050
Big ideas for India 2050. Vijay Govindarajan & Anant Sundaram / Updated: Jul 22, 2012, 05:35 IST. Follow us. India's growth has slowed. Inflation is back, foreign direct investment has plummeted ...
What is the future of India?
achieving 8 percent GDP growth each year in the next decade and growing India's GDP to $19 trillion by 2047. creating 90 million jobs by 2030 and 600 million jobs by 2047. investing about $600 billion annually to transition to a net-zero world by 2050. raising income sixfold to over $12,000 per capita.
Is India the World's Next Great Economic Power?
Summary. Is India's economic rise inevitable? There's good reason to think that this latest round of Indo-optimism might be different than previous iterations, but the country still has major ...
India in 2050
First, let's deflate the optimists. In a 2011 report, Citigroup predicted India would be the world's biggest economy before 2050. "We expect India's real per capita GDP to grow at 6.4% pa ...
Full article: Scenarios for different 'Future Indias': sharpening
1. Introduction. India is the second most populous country in the world, and the third largest economy measured in purchasing power parity (PPP) (World Bank, Citation 2020).By 2050, India will be the largest country in the world by population, and the second largest economy (OECD, Citation 2020).India is thus projected to account for 27% of the increase in global primary energy demand over the ...
Scientists cheer India's ambitious carbon-zero climate pledge
India's 2070 goal could help limit global warming to 1.5 °C, say researchers — but it will require the nation to juggle steep emissions cuts with lifting a significant proportion of its ...