New Delhi:
Prime Minister Narendra Modi addressed the media in the Parliament complex before the budget session started on Friday. During this time, he once again reiterated the resolve to make India a developed nation. He said that with the cooperation of 140 crore countrymen, this goal will be achieved by India. For this, he gave the mantra of reform, performance and transform. How will this dream of developed India fulfill and how much growth rate will be needed for it, Lokjanta spoke to the 16th Finance Commission chief Arvind Panagadia on all these questions. He also expressed confidence that India would achieve this goal.
What is the roadmap of developed India
Lokjanta Editor -in -Chief Sanjay Puglia had asked Arvind Panagadia how to take economic steps to make India a developed nation. On this question, Panagadia said that to make India a developed nation by 2047, it is necessary that our copy is necessary. Person income should be 12800-12900 dollars. He said that in 2022-2023, India’s per capita income was around two and a half thousand dollars, to reach up to 13 thousand dollars by 2047, a growth rate of 7.6 percent in per capita income is needed. But if we look at our GDP growth, it has been 7.9 percent in real sense. He said that the value of the rupee has increased inside the dollar, so GDP has increased. In view of this, we feel that in the next 25 years we will achieve this goal and the growth rate of our GDP will be up to 8 or 8.2 percent. He said that improvements have already been done in many areas.
Obstruction of developed India
On the question of the obstacles in the way of developed India, Panagadia had said that he does not think that there will be international obstacles in this path. He said that in the last term of Donald Trump, the US-China tariff war took place and after the attack on Ukraine, many restrictions were imposed on Russia, even after this, trade growth in the global economy continued.
Panagadia said that before Kovid, there was a 19 trillion dollar mercury and about six trillion service sector export market. Despite all kinds of problems after Kovid, the market of Mercandise Export rose to $ 25 trillion and the export market of the service sector reached seven trillion dollars. He said that this export market of $ 32 trillion is a very big export market. . In this, India’s share is two percent in mercandege and about four percent in the Sarve sector, we can increase it. We have this opportunity. Looking at this, it seems that we do not have any possibility of any obstruction. He said that as far as disastrous incidents are concerned, not only us but all people will be affected by it.