New Delhi, August 4th.
India is expected to become a strong global economy again and meet the necessary criteria to be considered a developed nation by 2047, according to senior government minister Hardeep Singh Puri.
Before the G-20 Leaders’ Summit in New Delhi, India’s president, Puri, spoke about India’s ability to handle heavy lifting and their role in tackling climate change and helping with disaster relief.
Puri was talking as part of an ongoing effort by the government to reach out to the public. The purpose was to compare the achievements and performance of the UPA government in ten years with that of the ruling NDA government in nine years.
The minister used information from British historians to explain how India’s contribution to the world economy decreased from 24. 4% in the 1700s to only 4. 2% in 1950 due to years of being controlled by colonial powers.
“India’s economy is projected to reach 3. 8 trillion dollars by the end of 2023. In comparison, our GDP was only around two trillion dollars by the end of 2014. ” Puri said that experts believe India could become a 26 trillion dollar economy by 2047.
The minister mentioned that India has become the fifth largest economy in the world, after being the tenth largest in 2014. The minister also stated that according to Prime Minister Narendra Modi’s words, India will become the third largest economy in the future. The aim to have a five trillion dollar economy by 2026 is something we are focusing on.
“He said that achieving a goal of a ten trillion dollar economy by 2030 is no longer up for discussion. He believes that India will succeed in meeting the targets set by the UN Sustainable Development Goals, just as developing nations were successful in meeting the Millennium Development Goals. ”
The minister also said that big banks and organizations in the world have predicted that India will have good growth of 6. 1 percent in 2023. This is better than the leading economies in the world that are having difficulties right now.
“We will have all the necessary factors in place to become a developed country by 2047. ”
Take a look at the differences.
“He said that the most revolutionary change is being able to bring the benefits of development to the most vulnerable people, despite the doubts from the Opposition about India’s social, human rights, and economic situation. ”
He said that the Opposition had decided to remain in opposition.
The Union Minister handling urban affairs and petroleum, Puri, stated that the NDA government has spent Rs 19 lakh crore on urban spaces in India over nine years. This is in contrast to the Rs 1,57,000 crore spent by the Congress-led UPA government between 2004 and 2014.
The speaker said that the changes we have seen in the past nine years are very impressive. This is an important year for the election, and the government is working hard to promote what they have accomplished in the past nine years, under the leadership of the Prime Minister.