Govt set to release the India@2047 blueprint to accelerate economic growth

The blueprint focuses on ten different economic sectors and will be announced by 15th August 2022.

April 25, 2022

To commemorate India’s 100 years of Independence, the Indian government is devising a blueprint for India @2047.

The blueprint is focused on key sectors, such as agriculture, commerce, infrastructure, industry, urban landscape development, security and defence, technology and governance.

The blueprint will also include an introduction to innovative agriculture techniques to address issues such as climate change, water scarcity, and lack of cultivable land.

For India to achieve the self-reliant title, the foreign defence acquisitions need to be cleared up, which is also one of the focal points of the blueprint.

To commemorate India’s 100 years of independence, the Indian government is devising a blueprint for India @2047. The plan focuses on ten different economic sectors and will be announced by 15th August 2022, the 75th anniversary of Indian independence. 

There are several members involved in the planning and the finalisation of the blueprint. A sectoral group of secretaries (SGoS), the Prime Minister’s Office, the Cabinet, and the Secretariat. Members outside the government along with some institutional experts have also helped in formulating the blueprint. 

The blueprint is also focused on key sectors, such as agriculture, commerce, infrastructure, industry, urban landscape development, security and defence, technology and governance that are responsible for the overall economic development of the country. 

Aligning international standards of work with global standards is also an important area to benchmark regulations. Helping India transform as a hub for green energy, merging and restructuring public sector banks to create 3-4 megabanks, and developing 3-4 global champions in each sector by merger or restructuring. 

The blueprint will also include an introduction to innovative agriculture techniques to address issues such as climate change, water scarcity, and lack of cultivable land. This will further accelerate the crop productivity per field. It also focuses on producing climate-resilient crops, advanced farm equipment and better seeds etc.

The India @2047 plan consists of blueprints and targets that can be achieved in the next 25 years. For India to become self-reliant, foreign defence acquisitions need to be cleared up. The main focus of the plan is also to help India become a skill capital.