Namaskar,
We bring podcast on The DD India article titled "The India Growth Story" authored by Navroop Singh, that outlines the remarkable journey of India’s economic rise, positioning it as the world’s fifth-largest economy with a GDP of $3.72 trillion. It highlights how India’s economic composition has evolved, with the services sector now contributing over half of the GDP, followed by industry and a declining share from agriculture. With a strategic target of achieving a $5 trillion economy by 2025, the government is focusing on boosting manufacturing to comprise 25% of GDP. The article emphasizes India’s global standing in purchasing power parity and its growing economic influence across sectors.
The narrative also delves into key policy initiatives that have accelerated this growth trajectory, including "Make in India," "Atma Nirbhar Bharat," and the Production Linked Incentive (PLI) schemes. These reforms are designed to attract foreign investment, increase domestic manufacturing, and foster self-reliance, especially in sectors like electronics, pharmaceuticals, and renewable energy. With over ₹95,000 crore in investments already mobilized under the PLI schemes, the article presents a forward-looking view of India’s ambition to become a manufacturing powerhouse, underpinned by structural reforms and strategic vision.
Do read the article in detail over here
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Niti Shastra
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