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India celebrated it's 75th Independence on August 15, 2022. During this celebration, the prime minister, Narendra Modi set an ambitious goal for the country, which is to become a developed nation by the time India celebrates its 100th Independence Day in 2047. India’s per capita income has keep increasing in recent years.
https://i.ibb.co/kG725NY/images-1.png

This is still far behind the per capita income of the developed countries like USA, UK, Japan, South Korea. As at now, India is a lower-middle-income country as per the World Bank classification.

India has to cross upper-middle income economy status before becoming high-income economy. At present, India’s economy is facing several challenges such as inflation and high wealth inequality.

How can India become a developed country:
👉👉The government must put a priority on the social and economic development of the nation, for which appropriate government schemes must be implemented.

👉👉There must be reduction in wealth inequality and improvement in HDI score: The government should increase the spending on public services such as healthcare, education, transportation etc.

👉👉Increasement in foreign investments: This will help to improve economic opportunities of the nation and bring in more foreign investment and more jobs. The government needs to provide a significant boost to the manufacturing sector for economic growth.

Reference: https://www.groupdiscussionideas.com/india-as-a-developed-country-by-2047/

CONCLUSION
Although almost all country are face with inflation recently, some adjustments in the economic sector can help to ease the citizen as well improve the country's development.

Congratulations and happy independence to India.
The goal the prime Minister set is one of those bogus political goals that never get fulfilled, it is on occasions like this that we hear politicians promise things, set goals that they never live up to, or even try to fulfill.
I am not an indian, but I do have a family member there, and let's just hope they work towards achieving the goal, for the good of the country and its citizens.

The truth is that, every country is blessed in their different ways, but the major problem is our politician who know what is right, what to do to lift the country out of its numerous financial problems, but won't do it because they just can't get enough of looting public funds.

It's a bit of a bizarre proclamation to make, being a developed country is a bit more than just reaching a certain level of GDP per person. What's crazy is China has vastly overtaken India in the last couple decades to become a manufacturing hub and used all of that knowledge to slowly upskill their workforce. India has pretty much stood still or even gone backwards in that time, they have a lot of cottage industry but are not thinking strategically when it comes to business planning. With their recent decision to side, or at least make economic gain, with Russia in the war they started against Ukraine - they will increasingly be looked at with suspicion and this can harm their future development for a few short term gains.

From here to there, things will happen that we probably can't even imagine today. Let's imagine, for example, how the use of the Internet in the world was 25 years ago compared to today.

Regarding wealth inequality, I agree that governments should guarantee education for all and access to healthcare, which does not necessarily have to be managed exclusively by the public sector. I hope that with the development of the country, these aspects will improve.

What I tend to believe is that the solution to poverty problems does not usually come from a politician making laws, rather it usually comes from letting people progress with their initiatives without crushing them with taxes and regulations.

If I am not wrong India is already on the track of making it and there is no surprise if the goal reaches sooner than expected because we all know they are becoming more and more powerful in both World politics and economics, governments also support them a lot to lower the supremacy of China in many fields.

1. Most of the countries are already favouring India over other countries for production of raw materials and even finished goods due to better quality and affordable price.
Therefore I do think that big companies are not only targetting India but they are also improving the production as well here, soon enough you won't have to ask your friends from other countries to come and carry around your iphones.

2. India's economic growth is increasing tremendously which also means that after surpassing UK it would soon be able to surpass other countries as well, one should understand that countries like UK are only economically ahead because of the population overexplosion in India, this we need to get it controlled first.

I think, the first and foremost goal is to make India a $5T economy. This will happen through stock market movement. With the current pace of growth of Indian stock market indices, i.e. SENSEX and NIFTY, I think, this is achievable.

I think if we are talking about 25 years ahead, with right set of governance it's a very realistic goal. 25 years is a good enough time to change any nation. It's because 25 years is a time span where atleast two of your school-going population will become the workforce. This means if focused correctly on education these people can become the best brains of the country. Not to forget India is already growing at a good stage only major challenge which we have is Overpopulation which can be turned into an advantage as well if the dependent population can be reduced, second is brain-drain due to which a hell lot of population is moving outside, this needs to be stopped really, third I feel is Lack of cheap healthcare facilities which can be changed easily in the coming years. Given this India can easily become a developed nation.

In my idea I believe India has it takes to be a developed country. The most populated nation in world with good majority of them are youth, this country is well represented in the list of the richest men in the world and has a very industrious nation.

What I think is that the Indian can tap into their national resources with is their number and then really create a very strong empire. The can start to rebrand some of their industries especially their automobile industries, with they Already have TaTa mobile and some other companies. India can begin to export goods that are high in demand and the most important of them All is good governance.

It is very good when the country and its citizens, first of all, understand the real state of affairs in the country here and now. This is important, because without a real picture, it is useless to change something, as wrong decisions will be made.
And secondly, they set a goal to become better. It is very important.
One simple question remains - what, according to your criterion, are the indicators of a DEVELOPED COUNTRY? You can bring, well, let there be 10 points, which, with a probability close to 100%, will indicate that the country is DEVELOPED?
And then it will be possible to discuss how to achieve these indicators, and whether they can be achieved, taking into account the local features of the economy, politics, history and other things.

All economies of the world are divided into developed, developing, Japan and Argentina. The transition from one category to another within the framework of the existing economic paradigm is impossible or extremely difficult.

... well, why is it impossible?
History knows cases of a fairly quick (in historical terms) transition from the level of "backward" to "developing" and to "developed". For example Singapore.
But there are examples and the opposite - from developing or approaching developed. For example North Korea. Or a slightly more northern "great" country, which for some reason is trying to slide into the "Stone Age" as quickly as possible. Or here's another example - Iran, compare the progressive Iran of the 60-70s, and what it has become ....
So everything is possible :)

Overpopulation was the very first thing that came to my mind when I was reading this projection, without a doubt India is a country with a lot of possibilities and potential but the large number of their population is something that plays against them, because in order to become a developed country a great deal of infrastructure will have to be built and the costs will be massive, so India will have to find a way to leverage and take advantage of the huge population they have, and if they don't then it will be very difficult to reach that goal by that time.

It is a rather ambitious goal, not sure when it will happen but it could.  The key to this is going to be infrastructure- new and current deployments and also addressing deficiencies in existing infrastructure.

By the year 2047 India which currently is a developing country, should be able to become among the developed countries of the world, while the currently underdeveloped countries take its place as developing countries of the world. They cannot remain the same forever hence their position as a current developing country must be replaced. A big challenge the economy of India currently faces is the problem of overpopulation, once the government is able to put that in check and arrange amenities/packages that can accommodate the number of citizens they have, then India will be able to be counted as one of the developed countries of the world

Progressive Iran of the 60s and 70s? :) What community can the bourgeois revolutions advance? What do bourgeois revolutions do other than create a handful of elites and capitalists? Iran is certainly not an ideal state in my eyes, but the bourgeois revolutionaries are nothing but snobbish people who look down on their own society. That is why they have failed all over the world. :)

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The whole world is going through difficult conditions caused by the pandemic. We have to have great ideals to overcome the difficult conditions we live in. For this reason, we need to convey our ideals to the public in an objective format by preparing projections that shed light on the following years. Otherwise, we may show psychological reactions that will make us stop resisting the difficulties of life as a society.

When I evaluate the agenda in this direction, I think that the Indian government is following the right policy. I don't care if their targets will be successful or not. I think they took advantage of the classical eastern politics.

India is a developed country as a result of all the civilizational changes that occurred in it throughout its long history with colonialism. India is a country that has suffered from continuous colonization throughout its history by multiple forces.
What it has been doing since the establishment of a good economic system is trying to gain a global position that would enable it to achieve economic gains.
Its biggest problem remains its huge population, in addition to its conflict with its neighbor Pakistan over the disputed region of Kashmir.
When we see its position on the Russian-Western conflict, it seems that it has great prospects for joining the ranks of the great powers.

The country already have a big list of government schemes, but the government schemes reach the people through bribe and not through proper data collection. So, the right person won't get benefitted.

The ruling government follow specific religion and it doesn't insist on equality. So, we can't expect the wealth distribution to take place which can improve living standard.

It provides good support for foreign investment, but taxes heavily. This keeps the investors hesitant to invest into India. The recent one that stopped its investment is Tesla.

Not really. Life expectancy is <70 and there's extreme poverty issues. I wouldn't consider India to be reasonably developed until they can develop their infrastructure to support their projected population growth. Realistically, they would've needed to start developing that infrastructure years ago if they wanted to keep pace with the current population, let alone whatever their future population growth rates are.

Oddly enough, India will surpass China in population growth, but China's economy will still outpace India.

India can easily achieve that goal within the speculated timeline however there is one problem with the Indian infrastructure and the way things work in there. For example, lately I have seen so many news about corrupt politicians and how multi millions of dollars in cash form were ceased from their houses! Imagine if those politicians would have used it for the work which they were intended the development could keep forwarding on success path all the time.

I think they are already on to it so it’s good that some good digging is actually happening.

Hmm... And what's wrong with the changes that lead to progress? Iran has an ancient history, I agree. But the Middle Ages and the beginning of the 20th century have little to boast of. The change of regime has led to an explosive growth of both the economy and DEVELOPMENT, and industries and technologies, and, perhaps most importantly, SOCIETY. And compare with what has become "without elites and capitalists." Are you a supporter of the ideas of socialism communism? :) Believe me, socialism and communism is the biggest shit that can be. And it necessarily turns into a gloomy totalitarianism where a person means nothing at all, and a handful of sadists, kleptomaniacs manages a herd of slaves ... We have already seen "wonderful" examples.
Although ... I do not deny that you like it so much, for example Afghanistan - took and chose the path: "forward to the Stone Age!" and they are so good :)

But "ideals" are also essentially propaganda. There is no need for "ideals", we need specific goals, specific steps and actions. The ideal in the USSR was Lenin and the Communist Party - as a result, tens of millions of their citizens were killed, the destinies of hundreds of millions were crippled, the degradation of countries affected by this bastard ideology and ideals.

I do not think that India should go this way.... India has a huge potential, influence in the region and the world. India has the right and opportunity to be a beautiful developed progressive country

india is close to becoming like china today, they are also manufacturer of many things that are exported in many part of the world. 2047 is a long way, this will give him more time and all they need is just to play it right being neutral in conflicts.

india needs the support of gas supplier to run the industrialization, russia proving gas price discount up to 30% puts the country in the advantage. modi is quite a great leader for them.

India has become a great country now with rapid technological and economic developments in various fields including in the crypto field at this time. This is clearly very impressive for Indian citizens and also citizens of other countries around India, so that residents in rural India can also feel the ease through the use of this developing technology if rural areas in India already have electricity and internet.

A new report (https://www.liputan6.com/crypto/read/5057986/terus-bertambah-investor-kripto-di-india-sentuh-115-juta) released by crypto exchange Kucoin, shows India has around 115 million crypto investors, and the country's crypto economy is growing despite the recent market downturn. The report also features the results of a survey, conducted from October 2021 to June 2022, which the company describes as in-depth research on the development of the blockchain industry and crypto space in India.

India is a huge supplier of gas so economic growth isn't hard for them. They are also open to adoption and economical development, especially in the business industries so their growth is continuous. Yes, they have a good leader which handles their economy well. 2047 is still quite far but they will surely go beyong more developments in the future.

This is possible as that is their ambition. They want to show what they got and they don't want to get left behind. I like the determination that this country is showing. Better than those countries who already gave up and let their economy down thinking they can not do anything to help it running in good condition again.

The only thing I don't like so far in India is their attitude towards crypto. I think cryptos are still banned on this country if I am not mistaken. This is one of the thing which can slow them down. They didn't knew that crypto has some certain benefits which can help them become more developed if many people start using it.

The bourgeois revolution carried out by the happy few in Iran did not give the Iranian people anything. On the contrary, the wealth belonging to the Iranian people was given to others by the collaborationist bourgeois revolutionaries. Please try typing TP-AJAX into Google.


I read Animal Farm by George Orwell when I was 8 years old. I am not a socialist (I believe in a free market economy) but if I am forced to choose between fascists and socialists, I will choose socialists. The problem is not capitalism, we do not have a second option other than capitalism, the problem is that the resources belonging to the people are collected in "a snobbish group that thinks they are elite".


You're accusing me of something I didn't say. I think our talk should end here because I don't want to act like you. Thank you. Also, I have to add that the probability of improvement of the Taliban is higher than that of the colonialists. The lesser evil...

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Back on the topic, the number of people living on $2 a day or less during the pandemic has increased by 75 million.

https://www.pewresearch.org/fact-tank/2021/03/18/in-the-pandemic-indias-middle-class-shrinks-and-poverty-spreads-while-china-sees-smaller-changes/

Modi raises the morale of the people of India by creating promising projections for the years when many Indian citizens will not be alive. I think he is doing the right thing because the peoples of the east have the appropriate social ground for these policies. Greetings to the people of India.

They really have to remain neutral but of course we can't also deny that India is already a power house when it comes to military, they even export some military equipment to other countries. It's good that India is finally having a good time when it comes to their economy, they are being managed perfectly and there's a higher chance for them to be on top as well along with China and USA. Those manufactures who leaves China moved in India and that's a good advantage of being neutral.

I think it's true it's not surprising that the State of India will grow faster than the existing estimates, with the economic development in India which is increasing drastically it seems this is a factor that will make it much faster to develop, and it looks like India will soon become a Countries that will be more developed.

The government know how to benefit out of the people. This is why the country isn't facing any big problems as that of Pakistan and Sri Lanka. More investment that leave other parts of the world are getting into India. The bad relationship between China and USA too a reason for the same. Because, more investment have moved from China to India by the investors from USA.

Being an Indian, I am quite skeptical about the chances of India. The biggest problem facing India right now is overpopulation. Population growth has slowed down in most of the states. But 2-3 states which contribute the most to the population (Bihar, UP.etc) still have very high growth rates. This results in very heavy migration from these states to other states and as a result there is a lot of ethnic tension. And the second major issue is brain drain. Every year, some 100,000 to 150,000 of the most qualified people emigrate outside. Main reasons are sky high tax rates and lack of safety within India. India can't become a developed nation, unless these issues are resolved.

For any country struggles are always part of growth. With the kind of population India has. I think achieving per capita income to the level of developed countries will be a great challenge. However I think Indians focus on education very much and it has helped them a lot. They will keep growing and they might achieve the infrastructure similar to a developed economy, however it's per capita income might not reach to the level of developed countries.

This is great, but there is one thing that comes to mind for us as non-Indians. Where we see social inequality, the caste problem in India which makes social, economic, and cultural inequalities in certain religions will continue to stick where the three castes in India have a limited influence on an economy. I certainly want to know how the government handles culture. Because after all, India has the largest population in the world. Based on Wikipedia sources, India's biggest challenges are still in the sector of gender inequality, child malnutrition, and rising levels of air pollution. The land of India is very diverse, with four biodiversity hotspots. Its forest cover covers 21.7% of its area (https://en.wikipedia.org/wiki/India).

India has enormous human resources, so that major developments in the field of education will have a tremendous impact on the country. On the other hand, if public health becomes a major concern as well, there will be more and more productive people, who have high self-awareness in maintaining cleanliness, and ultimately have a high level of health. especially if it is supported by adequate infrastructure, of course it will further reduce production costs

India is the 3rd largest economy in the world in terms of purchasing power parity, and the 5th largest economy in the world, and the top 10 holders of forex reserves. India is part of the G20, global economic decision making. India's quota has been increased by WB and the IMF. Because this growth, development, and size are different, the economy is growing fast, so it will increase the size of the economy. India's development, so we expect to become a developed country in the future.

Being an Indian, here are my concerns:

1. Only around 1.5% of the population pays income tax. Salaried class is heavily taxed and almost everyone is deep in debt.
2. A large part of the population lives off freebies. Stop the freebies and the government will go down.
3. Caste and religion are important factors when people go out to vote. Merit of the candidate seldom matters.
4. Population explosion is a big concern. In a democracy, groups that increase their population ends up with more power.
5. India imports almost everything, including hydrocarbons, electronics and defense equipment.

The thing that slows a country from developing to developed is corruption...

India is one of the countries with the largest population in the world and its citizens are spread in almost all countries but human resources in India are still low because corruption is still high (just like my country), developed countries have clean governments and are far from corruption, that clearly distinguishes that developed countries have luck because their leaders are not greedy.

My opinion First with assumptions about the population. India's population is increasing. The population is twice that of China. Therefore, its need for earth's resources will increase in the coming years. So obviously India is not as developed as it is now keeping these factors in mind. It may take almost 80-100 years to reach developed countries seeing its current development.

Yes. India needs more foreign businesses to set up in India to save the country's economy and more foreign investment to raise money for their infrastructure.

This is like a necessity for every nation that wants to increase their GDP and economic status. I think political development should be added to this because it's only where every other development gets implemented and maintained

Does reduction in wealth inequality really count. Paying more attention in improving the various sector of their economy should be more considered and also ensure good accountability of every public funds allocated for projects.

Investing in foreign investment and youth development. I don't see job creation as a major concern. In a society where the youths are empowered with trending technologies it will attract investments and development

I hope this would be realized but for now, it was uncertain.
Honestly, it was too hard to imagine what gonna happen 25 years from now, I can't even see it in the crystal ball. I don't want to think negatively in regards to the future of crypto in India but can't hide the doubts as well. Because without the support from the government, business groups, and the community, this way impossible to happen. For now, it was unrealistic but whispering good luck.

This is a clever observation, we know that first world countries consume way more resources than the rest of the nations, if India was able to develop at the speed which is projected then it's fair to wonder how many resources they'll consume? Can the world even support the demands of so many people? So assuming India is able to reach that goal it would be interesting to see how they deal with such a huge problem.

The hard truth, the government will announce such schemes and later if they feel the scheme is profiting people they'll make changes to the scheme. I don't know how far this is true, but it had a good connect. Recently the usage of electric vehicles increased, but India got an opportunity to buy oil at a much lower price. To profit out of it, there were more and more electric vehicles getting into firing problems. The buying of electric vehicles decreased and the fuel usage increased. So, someway government wants money and for the same they'll do all cheap tactics.

The increase in population, such as in India, must also be considered by the government because if it escapes the attention of the government, then the development and the factors needed will be very difficult to build and achieve in conditions like now. India is not so far behind the developing countries or the newly developed countries that it is still easier for India to see other countries that are already developed and also start a better development at this time


From a business and economic point of view, India has that and is still doing very well at the moment so the development will probably be there and it won't take too long for India to make it happen if all businesses and sectors of the economy are always alive.

Maybe for the country of India to be prosperous, the majority of the politicians in your government should care about your country. Your politicians should have a good program not only for the economy but also for the constituents that your government governs there.

And when that happens, I'm sure your economy will gradually rise and there will be a change in your country. As long as your government leaders are not corrupt, your country is not far from being like Japan, Singapore, and others.

Anyway, happy independence to your country. ;)

Every leader has an ambition to its country but Narendra Modi is different, he is very very ambitious and aggressive for India's development. I remember when he just started office, he was setting goals after goals and one of them that caught me by surprise was his plan to send a satellite in space and later a mission to the moon. Modi served long enough that means that many Indians like him. But I am also surprised by the post that Bangladesh until now has higher per capita than India.

1. Regarding the revolution, nothing gave Iran - it's just your statement, not supported by anything. Let's connect argems, backed up by facts and verifiable figures? :) I believe that the indicators of improvements were, and it's easy to check:
- economic development
- attraction of investments
- opening markets
- getting the opportunity to receive a quality education in Western educational institutions
- The status of a country with an actively developing economy
- increase in the standard of living of the population
- freedom
- the absence of strict legislation restricting the rights and freedoms of a person, based on radical Islamism

It seems to me that this is much more attractive than what happened in Iran later ...


2. "I read George Orwell's Animal Farm when I was 8 years old. I'm not a socialist (I believe in a free market economy), but if they make me choose between fascists and socialists, I will choose socialists."
There was no socialism in the USSR, there was red terror, which subsided a little over time, but the repressive system remained at the heart of the state. This was not socialism. It's kind of like war communism. And having made the wrong choice, you are trying to give an example where the choice will be absolutely logical. It's like saying "if I'm offered shit or cheesecake, I'll heroically choose cheesecake." The question can be formulated as follows 6 that you choose fascism or rashism?
I will answer - a normal person with such a choice (fascism or rashism) will not choose either one or the other. Choosing from two evils, you will choose EVIL anyway!


3. "You accuse me of something I didn't say. I think our conversation should end here because I don't want to act like you. Thank you. I should also add that the Taliban are more likely to improve than the colonialists. Lesser evil...
"- no need to twist :) I'm not saying that you said it, I made the example of your choice more contrasting. You consider the change of the totalitarian regime an evil! "The bourgeois revolution carried out by a few lucky ones in Iran did not give anything to the Iranian people. On the contrary, the wealth belonging to the Iranian people was transferred to other collaborationist bourgeois revolutionaries" - are these your words or am I saying something for you? :)
Well, about the lesser evil - see p.p. 2, there is already an answer to this question

There is some good news finally:

https://timesofindia.indiatimes.com/india/fertility-rate-declined-by-20-in-india-in-10-years-srs-data/articleshow/94464169.cms

The fertility rate across India now stands at 2.0, compared to 3.6 in 1991. Overpopulation still remains a big issue in India, and there is large variation across different states. And the birth rate (19.5 per 1,000) is almost twice that of western nations.

This fall in birth rate will probably translate to greater economic growth and more accessibility to resources.

Based on current statistics I don't India is more populated than China. Maybe you are talking about current population growth based on the birth rate. Just like China, the population of India can be used as an economic advantage. Cheap labor is one of the cardinal factors that attract investors to China and India can equally achieve the same feat. India's population can become an advantage if they are educated and empowered with appropriate skills. India has a high number of out-of-school children and most schools face so many infrastructural challenges. 

Compared to so many countries, India is not doing badly economically and that country has the potential to become a developed country by 2047 if its population becomes more educated and skillful.     

I think it is natural that in 2047 or 25 years from now India will become a developed country, they are supported by many things to become a developed country, many students are studying in many European and American countries and the education budget will continue to be increased so it is appropriate that when they are 100 years independent they will become developed countries.