Developed India 2047: Government’s plan, challenges and prospects
The Government of India has set a target of making the country a developed nation by the year 2047. The government is working rapidly in different areas.
According to the Government of India, by the year 2047, every person living in the country will have enough money to live a respectable life.
Increase in per capita income
Chairman of the 16th Finance Commission, Arvind Panagariya, has said that to make a developed country, it is necessary to increase the per capita income of the nation.
Also, it was told that if the per capita income of the country increases at the rate of 7.3 percent, then by the year 2047, it will reach $14,000.
Government efforts
Many efforts are being made by the government to increase the per capita income. Many schemes are starting to boost the economy. Along with this, the government has also focused on the development of infrastructure.
Let us tell you, the government believes that all these efforts will not only boost the country’s economy but will also increase the per capita income.
Impact on the common man
If the Indian government succeeds in achieving this goal, then the common man will have more money, and everyone will be able to live a better life.
Not only this, poverty will also reduce in the nation and the standard of living will improve.
Challenges
There are many challenges before the government to achieve this goal. At present, poverty and unemployment are a big problem in the country. Furthermore, the government must also ensure that the benefits of development reach all sections of the society.
Disclaimer: The information provided in this article is for general informational purposes only. Readers are advised to refer to official government sources for the latest updates.
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