Thursday, July 28, 2011

Economic Vision for India 2025


Vision for India 2025
·        India, led by its tremendous economic growth since the start of 21st century, has become third largest economy of the world in Jan 2025 by moving marginally above Germany in GDP size ($6.23trillion).
·        India is also the world’s only major economy to be growing above 5.5%.
·        India is the second largest recipient of FDI and the largest recipient of FIIs.
·        India holds the largest gold reserves in the world by hedging 20% of its Foreign Exchange Reserves as gold assets.
·        Due to rapid rise in manufacturing capacity and industrial growth, India has become the second most industrialized nation of the world.   
·        India has revolutionized the energy sector by its innovative technologies in solar power, hydrogen powered automobiles and harvesting of energy from biological organisms (biotechnology). This has reduced India’s dependence on foreign gas & oil from 85 % in 2012 to 50% in 2025.
·         India is the world leader in pharmaceuticals, biotechnology, software services, healthcare & related products, recycling industry, automobiles and low carbon products.
·        India produces 400 million tonnes of food grains & pulses. It consumes all its fruits and vegetables by processing nearly everything. The life expectancy of Indians has gone up to 76 years due to healthy diets, yoga, affordable healthcare facilities and alternate systems of medicine (Ayurveda, Homeopathy, etc).
·          Following the reforms of 2012-16, India has emerged as the largest producer and supplier of skilled manpower to the world. The remunerative scholarship & research programs of Indian government attract best brains from all over the world. India is the hub of Research & Development due to friendly environment, skilled manpower and huge market for absorbing innovations.
·        India also has the most number of million plus cities. It has excelled in water harvesting, power supply and transmission, urban farming and waste treatment to make Indian cities less carbon intense and clean.

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