Viksit Bharat by 1947-My Projections| Narendra Modi laid a Robust Foundation with a Clear Vision|

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Dear Friends, If I feel confident to put forward my projections for India Growth & Progress by 2047 in next 25 years starting from the base year at 2023, it is possible as a very sound foundation has been laid under an effective, thinking & visionary, people oriented & committed towards national interests as India First , and a deliverable leadership of Narendra Modi bringing transformative reforms and unprecedented positive change in very sphere of Inclusive Development that touched each district and every village of Bharat in last 10 years. With these words I am projecting the following data tracing back what progress Bharat made from 1947 to 2014 and then between 2014 till now in last 10 years drawing a comparison so that keeping reality in mind, exploring inherent capabilities Bharat has coupled with people's never give up attitude and living up to the emerging challenges. The Ripple Effect or a Compounding Effect is now induced in Bharat Economy due to massive capital investments in resilient & sustainable physical infrastructure creation, spiritual & social infra building imbibing civilizational value system that is intertwined in Inclusive Development, so, a rule of 72 could be applied to the progress & growth ahead in next 25 years spanning from 2023. So, Indian Economy shall be doubling each 06 years though correction factor needs to be incorporated due to emerging challenges and unexpected risks that are going to be there, hence, a pragmatic and achievable projections are provided.

1.Bharat -An economy of $ 38-$ 40 Trillion in FY 2047-48 in certainty with Per Capita between $ 25,000 -$ 30,000 and by that time the Share Market of Bharat capitalization shall be worth $ 45- $ 55 Trillion. It must be noted that India's over all wealth increased from $ 5 trillion in 2014 to $ 13 trillion in 2024 with in last 10 years and economy from $02 trillion to $3.25 trillion by Mar 2023 and its ranking improved from last 05 fragile economies to 05th largest economy. So, Bharat over all wealth by 2047 shall be $ 100-$110 trillion. India shall be 3rd largest economy by FY 28 and $ 10 Trillion Economy FY 32. Bharat needs to accelerate the growth of its Normal GDP to 13 %-15 % for next 02 decades so that to push GDP to be 8 % plus. Life Style or Wellbeing is indeed is very much a part of this economic model. The environment friendly or sustainability had always been a center point of Indian economy and circular economy remained its pivot.

2. Bharat -A No.1 Economy between FY 2075-FY 2080 with Per Capita between $50,000-$55,000

3. No. 1 biggest road network, railway network , metro-network , water planes, air taxi and Hanging Rail Bus, Innovation Hub & Technology Adoption, start up eco-system, Semiconductor and Aviation Infrastructure, Pharma & Vaccine Production, skilled talent pool, 6G , auto-mobile industry, and 2nd to none in Space, Nuclear, AI adoption & AI Analytics services, Indian Defense Forces as 2nd to none with weaponry & state of art Future Fighting platforms, including Space Forces and Under Unmanned Under Surface Vehicles/ Autonomous Submerged Vehicles and Integrated Strategic Missile Systems, Space Weapons , Drones / UAVs and Robotics, SMRs, An efficient & accountable governance system achieving Self-reliance nearly in each sphere , Agriculture Outputs, Exports, Ethanol & FPOs

4. 85 % indigenous manufacturing of Defense Sector and Defense Exports shall be between $ 1.5 - $2.0 Trillion.

5. 65 % -75 % of manufacturing / production under Make in India achieving self-reliance in all the other sectors

6. At present Bharat has 01 % rich, 27% middle income group and 72 % poor, so, Bharat shall have a minimum of $ 15,000 - $ 18,000 Per Capita of 72% poor and it shall bring Bharat to have a minimum of $ 38 trillion economy by 2047. So, Bharat shall improve the Per Capita of 90% population at low income in comparison to 10 % upper.

7. Only 15 Mn -20 Mn shall be in Agriculture by 2047,hence, rest 110-120 Mn people shall be moving out from Agriculture to Agri-based industry, FPOs and to other industries. So, the biggest change shall be in agriculture sector as it shall move to Natural Farming and Organic Farming and increasing Agri-Export.

8. India shall be providing nearly 45 % work force or skilled manpower globally by 2047 as it has youngest Demographic Dividend and skilled young talent pool.

9. India shall be launching a Manned Mission to Moon by 2030, shall have its own manned space station by 2040 and a Manned Mission to Mars by 2047.

10. About $ 20-$ 25 trillion shall be New Economy by 2047 i.e. new services, new manufacturing, new renewables, green energy transition, nuclear energy, new pharma & vaccines, new defense exports, new Agri-based products & FPO products, health & well being, space, skilled manpower, space, data management & GCC operations, Technology Adoption & Quality Education, Tourism, Real State, Exports, Banking Sector & FinTech, PSUs, and Industry, Private Players & Wealth Creators, Maritime Trade, Smart Villages Initiative,

11. No child labor and women workforce shall be between 48 % to 55%.

12.Green Energy Transition--100 GWe Nuclear, 800-1000 GWe Renewable and rest coming from Bio-Fuels, Ethanol Blending, Green Hydrogen, CNG/PNG etc and EV & battery storage adoption in order to reach #NetZero by 2055-60, so 10 years in advance to the set target by 2070.

13. India shall in first 05 as largest manufacturing base of Merchant Vessels and also in producing Civil Airplanes.

14. Thrust / Focus shall be AI & other technology adoption, Agriculture provides a share of about 15 % to 20% in Bharat GDP by 2047. So, Smart Villages Development, Use of Demographic Dividend efficiently, playing a crucial role in geo-politics and ensuring sustainability.

15. Bharat GST collection shall be about $1.5 -$ 2.0 trillion by 2047 and Direct Tax collection shall be $1.2 trillion

16. Bharat FDIs shall be about $ 3 trillion by 2047 and Gold Stock shall be 4500 to 5000 tones

17. Tolls collection shall be $ 100-$120 billion

18. Zero illiteracy by the same time and Good Quality of Life with base Per Capita Income of $10,000 by 2047

19. India progress and prosperity shall flow out of villages & towns in next 23 years and this areas where maximum population resides shall contribute to the new source to contribute towards GDP

20. India shall be pouring in $ 01 trillion in Research & Innovation and Technology Missions and Adoption by 2047.

21. Indians wealth as household savings that was just 23 lakh crores in 2013-14 has gone up at 50 lakh crore in last 10 years in 2022-23. So, it is indeed phenomenal and it is going to go up now onwards with compounding effect and it is also an input data that shall ensure that Bharat is growing 12 to 13 times its GDP at $38- $40 trillion by 2047 and per capita at $25 k to $30 K.

It is indeed tall order so how to achieve it. So, it is possible as Indians aspirations are all time high and they are getting united to provide sound stability so that a confident governance model continues and Modi team ( he plus his competent ministers ) shall be taking this mission ahead in next 10 years and by that time India shall be a $ 12.5 - $13 trillion economy. So, get on target and then next team takes over for another 03 terms to achieve these projected targets. It is also mentioned that Bharat progress needs to be the contrary to what Economists Say that " World Economy Run by Riches and Poor Stand at a Charity" and "99% people have no role in Global Governance".

What is needed to be there is appended below :

1. Review of all the projects & schemes of GoI every six months and outcomes to be measured in real terms and No Optics through big -4 or any other consultants but with a real feedback system from the ground. So, real time data collection, its analysis, intelligence gathering, refinement by AI Analytics and running predictive projections through AI tools. So, that cost is kept at optimum utilization by delivery in time. This is the Indigenous Economic Model Bharat needs to adopt. India has to revive Temple Based Economy where temples are in a control of economic activity.
2. Major reforms such as UCC, Population Control Bill, Wakf Abolition Bill, One Nation One Election, One Nation One Syllabus as Private Schools to have the same syllabus, Judicial Reforms, Police Reforms, CAA & NRC adoption in all states & UTs, Tax Reforms, Duty & Responsibilities towards nation for citizens, deporting Rohingyas, Administrative Services Reforms, Continuous support to PSUs & PSBs and no selling of these assets, so , managing them most efficiently and they are performing now as an efficient governance model is provided, Corruption Free Governance Model, Aadhar to be linked with each property, No tax rebates to farmers having lands more than 100 acres. Adulteration & Duplication must be made Non-Bal able offence, Strict Law against conversion and infiltration, some extremely strict law to punish people against the interests of the nation,
3. Integration of industry, investments, next level of EODB, policies and export opportunities.
4. Skilling, Reskilling and New Skilling is must and most crucial effort in achieving the projected targets. India needs to develop top class business leadership and entrepreneurs not only for Bharat but for the world. The Demand Driven Skilling model shall be the pivot of skilling campaign.
5. Risk handling mechanism in place as was done in Covid Time as to encounter the Climate Change generated effects, natural & possibilities of man made disasters. Also, to meet threat out of emerging technologies and also balancing Innovation & Associated Risks.
6. Indian Defense Forces capabilities building always in par with economic progress
7. Modernize Paramilitary forces and Police Force in new Avtar.
8. Farm Sector Reforms and assured MSP to farmers that how to leverage the potential of India farming. India has a fixed 350 lakh acres of agriculture land and the farm out put is very low per acre, so, how to increase productivity at least 03-04 times standing amongst first five nations in yield globally. At present nearly 40% population of Bharat is involved in farming that needs to be reduced to only 15 million people and other productive manpower needs to be moved out to other sectors for jobs and agriculture oriented entrepreneurship in a big way. The trends are changing as Madhya Pradesh & Bihar are doing very well and taken over Haryana, Punjab and Uttar Pradesh. Farm Sector real time data collection is must as sowing acres of each crop and expected output etc must be available to the government so that MSP could be given to all crops having an advance knowledge of production and how the pattern is changing each year as government is facilitating farmers with many schemes. So, the District Magistrate must decimate entire information to the farmers as put on big posters on connecting road sides in each village and each Pradhan must know all the schemes meant for farmers.
9. We must audit 100 Smart City Initiative and bring midway changes for building modern and sustainable urban cities. Similarly run a Smart Villages Initiative to reach to each village as it shall be the worlds biggest development initiative over taken ever on this planet and it shall generate nearly 30 % -40% new Indian economy.
10. In order to beat Middle -Income Trap, Bharat needs to bring all the reforms as needed in place at the earliest so that it grows its GDP in double digits for next 01 decade starting from FY 28.
11. Judicial Reforms are must as it has been pulling back Bharat GDP at least by 3% -4% as laws are week and it take many years even over decade or two to settle cases where assets / value are involved as pending cases are never exhausted. It is one area that need utmost attention to increase the judges strength at least by 50% with in next 05 years and making effective and strict laws on many issues. NCLT and even IBS cases got delayed and assets / money / value got locked with no output for a long time. Lie needs to be made a non-ball able offence.
12. The taxation Policy must foster higher investments and economic growth in all sectors that is needed to support new economy.
13. Wealth creator has to contribute a lot as they must create opportunities on jobs creation with world class products in best quality in all the sector. Side by side they need to be Green Businesses by 2035. They all must support Self-reliance agenda with a unhindered focus and rock solid commitment.
14. NTPC is contributing towards Nuclear Energy Progression similarly ONGC, Indian Oil, and other PSUs that are associated with fossil fuels must invest in Green Energy Transition.
15. Some PSUs , such as LIC, PF etc. must invest in Innovation & Research in Emerging Technology Areas extending support to the Start Up Ecosystem.
16. So, Bharat has to make sure that a minimum of $100 billion pouring in to Bharat annually and 50 top US companies operate in India, increasing PLI towards manufacturing till Bharat attains no.1 position. The dependency on China has to reduce at the earliest. Bharat has to have 10 %-12 % unique investors that has faith in Private Enterprise of Bharat.
17. Power of Demand in Bharat shall be dominated by Internal Demands and Bharat needs to ensure that it become epi-center of material & spiritual assets.
18. India is only society that worship women power so it is going to make a big multiplier impact on India progress till 2047.
19. More reforms as needed in each areas of concern to make sure that Bharat growth engines keep firing to full potential for next 30 years.
20. More money for education, health & well being, technology adoption, research & innovation is needed as India has done in creation of world class infrastructure in last 10 years. Bharat has moved nearly 400 million out of poverty, so, remaining 120 million are to be moved out by FY 2027 when we are aiming to become 3rd largest economy.
21. Tourism & Medical Tourism has potential to grow 10X by 2035
22. Efficiency of Economy is working very hard as to abolish redundant laws, shutting down redundant & defunct organizations & companies, protected monuments audits, so, the process reforms and structured reforms are moving in right direction though it may be expedited as time is essence in this Bharat pursuit of becoming A Viksit Bharat by 2047. Bharat use to contribute nearly 26% -28% of Global GDP some centuries before and time has come to regain the same status by 2075 as Bharat is going to have maximum skilled youth to run global economy by 2050 contributing 40% productive manpower.