Connect with us

India

Why India’s economy could overtake that of the United States by 2075

Published

on

Mumbai, July 11, 2023 – In a bold projection, economic experts and analysts are pointing towards a potential milestone in India’s economic trajectory, indicating that India’s economy could surpass that of the United States by the year 2075. The forecast is based on a combination of factors, including demographic trends, technological advancements, and strategic policy decisions.

India, with its vast population of over 1.3 billion people and a growing middle class, has long been considered a major player in the global economy. Over the past few decades, the country has witnessed remarkable economic growth, becoming one of the world’s fastest-growing major economies. The latest projections suggest that this upward trajectory may continue and ultimately propel India to the top spot.

Experts argue that India’s youthful population will be a significant driving force behind its economic rise. With a median age significantly lower than that of developed nations, India is set to benefit from a large working-age population that can contribute to sustained economic growth, productivity, and innovation.

Technological advancements and digitalization are also expected to play a pivotal role in India’s economic expansion. The country has seen rapid developments in various sectors, including information technology, e-commerce, and digital services. These advancements are likely to continue driving innovation, boosting productivity, and enhancing competitiveness on the global stage.

Furthermore, strategic policy decisions and reforms aimed at improving ease of doing business, attracting foreign investment, and fostering entrepreneurship have set the stage for India’s economic leap. Initiatives such as “Make in India” and the implementation of a goods and services tax (GST) have already begun transforming the business landscape and promoting economic integration.

Advertisement

However, experts caution that several challenges must be addressed for India to achieve this ambitious goal. Key areas that require attention include infrastructure development, education and skill enhancement, income inequality, and sustainable resource management. Tackling these challenges effectively will be crucial to sustaining India’s economic growth and ensuring equitable benefits for all sections of society.

While projections extend into the distant future, economists emphasize that these predictions are subject to various uncertainties. Global economic dynamics, geopolitical developments, and unforeseen events can significantly influence the trajectory of any economy. Therefore, the attainment of such a milestone is contingent upon India’s ability to navigate these challenges effectively and maintain a favorable growth trajectory.

The potential of India’s economy outpacing that of the United States has captured the imagination of economists, policymakers, and business leaders alike. It highlights the remarkable potential of a country with a rich cultural heritage, a diverse and dynamic workforce, and a commitment to inclusive growth.

As India continues its journey towards becoming an economic powerhouse, the government, private sector, and civil society will need to collaborate closely to ensure sustainable and inclusive growth, while addressing the evolving needs and aspirations of the Indian populace.

General News Platform – https://ihtlive.com/
Entertainment News Platforms – anyflix.in
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
Podcast Platforms – https://anyfm.in

Advertisement

India

Amit Shah will preside over a high-level Manipur meeting.

Published

on

Monday night’s meeting to assess the security situation in Manipur will be facilitated by Union Home Minister Amit Shah. This is the first high-level gathering of its kind held by the central government since Prime Minister Narendra Modi’s National Democratic Alliance (NDA) was re-elected earlier this month.

Senior representatives from the federal government, state governments, including chief minister N Biren Singh, the army, and other security agencies are anticipated to attend the meeting at 4 p.m., according to people with knowledge of the development.

Manipur has seen fighting between the Kukis and Meiteis communities since May 3 of last year. The fighting has resulted in at least 225 deaths to far and the displacement of almost 50,000 people, the majority of whom are still living in relief shelters.

The previous few weeks have seen new acts of violence in the northeastern state, including the burning of a school facility close to Moreh and the discovery of the beheaded body of a missing individual.

In the Kangpokpi district last week, armed terrorists assaulted the vehicle of Manipur Chief Minister N Biren Singh’s enhanced security team, injuring a security officer and a civilian driver.

Dr. Mohan Bhagwat, the chief of the Rashtriya Swayamsevak Sangh (RSS), stated on June 10 that Manipur has been waiting for peace for a year and that this problem has to be given priority.

Bhagwat emphasised the importance of putting aside political hyperbole and concentrating on the issues confronting the country.

Dattatreya Hosabale, the general secretary of the RSS, called the current violence in Manipur “painful” and “worrisome.”

The Sangh, according to a statement, feels that the only way to solve any issue is “through mutual dialogue and expression of brotherhood in a peaceful atmosphere.”

In an attempt to mediate peace, Shah had earlier travelled to Manipur last month and convened nine talks with leaders of the Kuki and Meitei groups. Despite this, the violence has not decreased.

General News Platform – https://ihtlive.com/
Entertainment News Platforms – anyflix.in 
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
Podcast Platforms – https://anyfm.in/

Advertisement
Continue Reading

India

Uttar Pradesh: PM Modi’s visit to the Kashi Vishwanath temple in Varanasi is well underway.

Published

on

On Tuesday, Prime Minister Narendra Modi will travel to Varanasi, his home district in the Lok Sabha. This will be his first trip to the sacred city since taking office as the nation’s third prime minister.

At the historic Kashi Vishwanath temple, PM Modi is expected to engage with farmers and take part in Ganga Aarti.

What is currently known regarding Prime Minister Narendra Modi’s visit to Varanasi is as follows:
For 4.5 hours, Prime Minister Modi will be in Varanasi. At roughly 4 p.m., he will touch down at Babatpur’s Lal Bahadur Shastri International Airport.

Prior to releasing the 17th installment of the Samman Nidhi, which is intended to benefit 2,76,665 farmers in Kashi, PM Modi will attend a “Kisan Samelan.”

In order to commemorate the farmers in the area, PM Modi will meet with 21 of them at the Kisan Samelan and evaluate their products. BJP party officials are preparing for the visit.

The visit of Prime Minister Modi is a source of pride for the people of Varanasi, according to BJP president Dilip Patel. “We are all proud that Prime Minister Narendra Modi has taken the oath of office three times—once as the nation’s prime minister and once as a member of the Varanasi assembly.”

Advertisement

Following his meeting with the farmers, Prime Minister Modi is scheduled to attend the Ganga Aarti at Dashashwamedh Ghat at the Kashi Vishwanath temple.

Vishwa Bhushan Mishra, the CEO of the Kashi Vishwanath temple, stated in an interview  that they have a process for the Prime Minister’s visit. PM Modi is anticipated to spend about twenty-five minutes inside the temple.

Ajay Rai, Modi’s previous opponent for the Varanasi seat, criticised him, claiming that Modi was displacing natives with Gujaratis by handing all employment to them. Regarding the purported dearth of factories and development in the city, he questioned Modi.

General News Platform – https://ihtlive.com/
Entertainment News Platforms – anyflix.in 
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
Podcast Platforms – https://anyfm.in/

Advertisement
Continue Reading

India

Sunita Kejriwal is requested by the Delhi High Court to remove Arvind Kejriwal’s court footage from social media.

Published

on

The wife of chief minister Arvind Kejriwal, Sunita Kejriwal, has been ordered by the Delhi High Court to remove a video of her husband speaking to a Delhi court from her social media accounts. The social media companies have also been ordered by the court to remove posts that contain links to the video.

In addition, the high court has sent notices to all parties involved in the PIL, which was filed by lawyer Vaibhav Singh, alleging that Kejriwal’s appearance before Delhi’s Rouse Avenue Court on March 28 violated the court’s regulations regarding video conferencing.

Among the five people requested to remove the social media posts is Sunita Kejriwal.

The court has set July 9 for the hearing.

On March 28, Arvind Kejriwal personally addressed Special Judge (PC Act) Kaveri Baweja after being brought before the court a second time after being arrested by the Enforcement Directorate in connection with the Delhi liquor policy case.

Sunita Kejriwal reposted the images after the audio and video recordings of the speech went viral on social media.

When films with comparable content are brought to their attention, the Delhi High Court ordered X, YouTube, Facebook, and Instagram to remove them.

The notice on the PIL filed by the Delhi-based attorney Vaibhav Singh was issued by a division bench made up of Justices Neena Bansal Krishna and Amit Sharma.

After he disregarded nine summonses from the Enforcement Directorate, Arvind Kejriwal was taken into custody on March 21 in relation to the excise policy fraud. Subsequently, the Delhi High Court affirmed the agency’s decision.

Later, Arvind Kejriwal petitioned the Supreme Court to overturn his arrest.

In order to enable Kejriwal to campaign for his Aam Aadmi Party during the Lok Sabha elections, the Supreme Court granted him temporary release in May for a period of 21 days.

On June 2, he turned himself in to the Tihar Jail officials per the Supreme Court’s directive.

The former bureaucrat Sunita Kejriwal had spent a great deal of time campaigning for the AAP during the Lok Sabha elections. But the party was unable to secure a single seat in the nation’s capital.

General News Platform – https://ihtlive.com/
Entertainment News Platforms – anyflix.in 
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
Podcast Platforms – https://anyfm.in/

Advertisement
Continue Reading

Trending

Copyright © 2023 India Hot Topics. Powered with Passion.