Economic Growth Archives - VisionViksitBharat https://visionviksitbharat.com/tag/economic-growth/ Policy & Research Center Sat, 27 Jun 2026 12:27:48 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://visionviksitbharat.com/wp-content/uploads/2025/02/cropped-VVB-200x200-1-32x32.jpg Economic Growth Archives - VisionViksitBharat https://visionviksitbharat.com/tag/economic-growth/ 32 32 How India’s Road Revolution is Reshaping Economic Geography and State Capacity https://visionviksitbharat.com/how-indias-road-revolution-is-reshaping-economic-geography-and-state-capacity/ https://visionviksitbharat.com/how-indias-road-revolution-is-reshaping-economic-geography-and-state-capacity/#respond Sat, 27 Jun 2026 05:16:04 +0000 https://visionviksitbharat.com/?p=2362 “Infrastructure is not merely about building roads; it is about building markets, mobility, productivity and national confidence.” Over the the last twelve years, India has undertaken one of the most…

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“Infrastructure is not merely about building roads; it is about building markets, mobility, productivity and national confidence.”

Over the the last twelve years, India has undertaken one of the most ambitious infrastructure transformations witnessed by any major economy in the twenty-first century. Under the leadership of Prime Minister Shri Narendra Modi and the stewardship of Union Minister for Road Transport and Highways Shri Nitin Gadkari, India’s highway sector has transitioned from incremental expansion to strategic nation-building, fundamentally altering the country’s economic geography, logistics ecosystem and developmental trajectory.

This transformation extends beyond the construction of roads and expressways. It represents a structural shift in governance philosophy—viewing infrastructure as an instrument of economic competitiveness, regional integration, national security and social inclusion. Between 2014 and 2026, India not only expanded its highway network at unprecedented speed but also developed a new institutional architecture that combines scale, technology, financing innovation and execution efficiency.

As India advances toward the vision of Viksit Bharat, the country’s road infrastructure revolution offers important lessons in state capacity, public investment strategy and infrastructure-led growth.

Infrastructure as an Engine of Economic Transformation

Economic literature has long established a strong relationship between transportation infrastructure and economic growth. Studies by the World Bank, Asian Development Bank and OECD indicate that every 1 percent increase in public infrastructure investment can generate long-term GDP gains ranging between 1.5 and 2.5 percent through multiplier effects.

For India, the challenge was particularly acute. Prior to 2014, high logistics costs, estimated at 13–14 percent of GDP compared to 8–9 percent in developed economies, reduced industrial competitiveness and constrained economic integration. The response was a paradigm shift: moving from isolated road projects to integrated economic corridor development.

The results have been remarkable:

  • National Highway network expanded by over 61 percent.
  • Highway construction speed nearly tripled.
  • Multiple access-controlled expressways transformed inter-city mobility.
  • Logistics efficiency improved significantly.
  • Regional disparities in connectivity began narrowing.

This transformation has positioned transportation infrastructure as one of the principal drivers of India’s economic expansion.

Bharatmala Pariyojana: Reimagining India’s Economic Geography

Among the most transformative initiatives undertaken by the Government of India is the Bharatmala Pariyojana, approved in 2017 with an estimated investment of ₹5.35 lakh crore. Unlike conventional road-building programmes, Bharatmala was conceptualized as an integrated economic connectivity framework designed to optimize freight movement and reduce logistics costs across the national economy.

The programme envisages the development of 34,800 km of strategic highway corridors, including:

  • Economic Corridors
  • Inter-Corridor and Feeder Routes
  • National Corridor Efficiency Projects
  • Border Roads
  • Coastal Roads
  • Port Connectivity Projects
  • Greenfield Expressways

As of March 2026:

Indicator Achievement
Planned Network 34,800 km
Projects Awarded 26,425 km
Projects Constructed 22,590 km
Estimated Investment ₹5.35 lakh crore

The significance of Bharatmala lies in its strategic approach to infrastructure planning. Rather than merely connecting cities, it seeks to connect economic activity centres, manufacturing clusters, ports, logistics hubs and consumption markets. This approach aligns with global evidence demonstrating that corridor-based infrastructure investments generate significantly higher economic returns than fragmented transport projects.

The Great Expansion: India’s National Highway Network

The expansion of India’s National Highway network during the last decade represents one of the largest infrastructure scaling exercises undertaken by any democratic nation. From approximately 91,287 kilometres in 2014, the network expanded to over 146,572 kilometres by FY 2025–26, an increase of nearly 61 percent. This expansion has produced multiple developmental outcomes:

Economic Impact

  • Reduced transportation costs.
  • Improved market access.
  • Enhanced industrial competitiveness.
  • Increased agricultural integration.

Social Impact

  • Better healthcare access.
  • Improved educational connectivity.
  • Enhanced mobility for rural populations.
  • Greater regional inclusion.

Strategic Impact

  • Improved border infrastructure.
  • Enhanced disaster response capabilities.
  • Strengthened national integration.

By connecting previously underserved regions with economic growth centres, highway expansion has become an important instrument for reducing regional disparities.

From 11 km to 34 km Per Day: Building State Capacity

Perhaps the most remarkable achievement of India’s highway transformation has been the dramatic increase in construction speed.

Year Construction Pace
2013–14 11.6 km/day
2025–26 Nearly 34 km/day

This threefold increase reflects not merely higher expenditure but a fundamental improvement in governance and implementation capacity.

Several reforms contributed to this achievement:

  • Digital project monitoring systems
  • Faster land acquisition mechanisms
  • Hybrid Annuity financing models
  • Institutional strengthening of NHAI
  • Greater private sector participation
  • Adoption of advanced construction technologies

A study conducted by the Indian Institute of Management Bangalore found that improved highway connectivity significantly reduced transportation costs between factories, suppliers and consumers, thereby enhancing industrial productivity and competitiveness.

The expansion of highway infrastructure has therefore become not merely a transportation success but a case study in institutional reform and state capability enhancement.

Delhi–Mumbai Expressway: India’s Economic Super Corridor

The Delhi–Mumbai Expressway, spanning approximately 1,386 kilometres, represents India’s most ambitious expressway project to date.

Developed at an estimated cost of nearly ₹1 lakh crore, the expressway connects six major states:

  • Delhi
  • Haryana
  • Rajasthan
  • Madhya Pradesh
  • Gujarat
  • Maharashtra

The corridor is expected to:

  • Reduce travel time by almost 50 percent.
  • Lower logistics costs.
  • Generate industrial clusters.
  • Promote manufacturing investment.
  • Create employment opportunities.
  • Accelerate urbanization along growth corridors.

Economists increasingly view mega-corridors such as the Delhi–Mumbai Expressway as instruments for reshaping national economic geography, similar to the impact of interstate highways in the United States and high-speed logistics corridors in East Asia.

Delhi–Meerut Expressway: The Economics of Regional Mobility

The Delhi–Meerut Expressway, developed at a cost of approximately ₹8,346 crore, demonstrates how high-quality regional infrastructure can transform urban ecosystems.

The 82-km corridor has:

  • Reduced travel time dramatically.
  • Lowered congestion in the National Capital Region.
  • Increased economic integration.
  • Improved commuting efficiency.
  • Stimulated real estate and industrial development.

The project illustrates the growing importance of metropolitan connectivity infrastructure in supporting India’s urban transition.

Dwarka Expressway: Building the Future of Urban Transport

The Dwarka Expressway, developed at nearly ₹9,000 crore, represents a new generation of urban infrastructure characterized by:

  • Multi-level transportation systems
  • Intelligent traffic management
  • Advanced engineering design
  • Access-controlled mobility

By improving connectivity between Delhi and Gurugram, the expressway addresses one of India’s most pressing development challenges: urban congestion and productivity loss. According to various estimates, traffic congestion costs India between 4 and 8 percent of GDP annually. Investments in urban mobility corridors therefore represent both transportation policy and economic policy.

Bengaluru–Mysuru Expressway: Infrastructure as a Regional Growth Multiplier

The Bengaluru–Mysuru Expressway, inaugurated in March 2023, demonstrates how strategic infrastructure can transform regional economies. Developed at a cost of ₹8,480 crore, the 118-km corridor reduced travel time from approximately three hours to just 75 minutes.

Its impact extends beyond transportation:

  • Increased tourism flows.
  • Enhanced industrial connectivity.
  • Improved logistics efficiency.
  • Expanded labour market integration.
  • Accelerated regional investment.

The corridor reflects the global experience that reducing travel time effectively expands economic geography and productivity.

Delhi–Dehradun Economic Corridor: Towards Sustainable Infrastructure Development

Perhaps the most significant evolution in India’s highway strategy has been the integration of environmental sustainability into infrastructure design.

The Delhi–Dehradun Economic Corridor, inaugurated in April 2026, represents this transition.

Developed at a cost of approximately ₹12,000 crore, the 213-km corridor:

  • Reduces travel time from over six hours to approximately 2.5 hours.
  • Incorporates one of Asia’s longest elevated wildlife corridors.
  • Includes environmentally sensitive engineering solutions.
  • Demonstrates coexistence between development and ecological conservation.

The project signals a broader policy shift toward sustainable infrastructure development and climate-sensitive engineering practices.

Beyond Roads: Building India’s Logistics Competitiveness

The true significance of India’s highway revolution lies not in kilometres constructed but in the creation of an integrated logistics ecosystem.

High-quality road infrastructure directly supports:

  • The National Logistics Policy.
  • PM Gati Shakti.
  • Manufacturing competitiveness.
  • Export growth.
  • Supply chain resilience.
  • Regional industrialization.

As India’s economy moves toward the $10 trillion aspiration, reducing logistics costs from approximately 13–14 percent of GDP to single digits will become essential for maintaining competitiveness. Infrastructure investment, therefore, is increasingly becoming industrial policy by other means.

Policy Challenges for the Next Decade

1. Road Safety: India’s Greatest Infrastructure Challenge

While India has built one of the world’s fastest-expanding highway networks, road safety remains a major concern. According to the Ministry of Road Transport and Highways’ Road Accidents in India 2023 report, India recorded over 4.8 lakh road accidents, resulting in approximately 1.72 lakh fatalities, making it one of the countries with the highest road accident deaths globally. Nearly 60% of fatalities occur among individuals aged 18–45 years, representing a significant loss of productive human capital. The World Bank estimates that road crashes cost India around 3–5% of its GDP annually, amounting to economic losses exceeding ₹8–10 lakh crore every year. Despite national highways constituting only about 2% of the road network, they account for a disproportionately high share of fatal accidents due to higher speeds and traffic volumes.

Addressing this challenge requires a paradigm shift from road construction to a comprehensive “safe systems approach.” The government has initiated measures such as the identification of over 13,000 accident black spots, implementation of the Motor Vehicles (Amendment) Act, 2019, and mandatory road safety audits for national highway projects. However, future policy must prioritize intelligent speed enforcement, AI-enabled traffic monitoring, advanced driver assistance systems, emergency trauma care networks, and integrated road-user education. Achieving the target of reducing road fatalities by 50% by 2030, aligned with the UN Decade of Action for Road Safety, will require sustained investment, stronger institutional coordination, and technological innovation.

2. Sustainable Financing: Beyond Traditional Public Spending

India’s infrastructure ambitions under the PM Gati Shakti National Master Plan and the vision of a developed nation by 2047 require unprecedented financial resources. The government has estimated infrastructure investments exceeding ₹143 lakh crore under the National Infrastructure Pipeline (NIP), with roads accounting for one of the largest shares. While budgetary allocations for the Ministry of Road Transport and Highways have increased substantially—from approximately ₹33,000 crore in 2013–14 to over ₹3 lakh crore in 2025–26—public finances alone cannot sustain the scale of future infrastructure expansion. Rising fiscal pressures and competing social sector expenditures necessitate diversified financing mechanisms.

The next decade will therefore require a transition toward innovative financing models. Instruments such as Infrastructure Investment Trusts (InvITs), Toll-Operate-Transfer (TOT) models, green bonds, municipal bonds, sovereign infrastructure funds, and public-private partnerships (PPPs) will play a crucial role. The National Highways Authority of India (NHAI) has already demonstrated success by monetizing highway assets through InvITs and TOT bundles, raising tens of thousands of crores for reinvestment. Future strategies could also include climate finance mechanisms, pension fund investments, and blended finance models that combine public and private capital. Building a sustainable financing ecosystem will be critical to ensuring that infrastructure expansion remains fiscally responsible while supporting long-term economic growth.

3. Climate Resilience: Building Highways for a Changing Climate

Climate change poses a growing threat to transportation infrastructure worldwide, and India’s highways are increasingly vulnerable to extreme weather events. According to the Intergovernmental Panel on Climate Change (IPCC) and various domestic assessments, India is experiencing more frequent floods, heatwaves, cyclones, landslides, and extreme rainfall events. In recent years, several highway corridors in the Himalayan region, northeastern states, and coastal areas have suffered extensive damage due to climate-related disasters, resulting in substantial economic losses and disruptions to supply chains. The vulnerability of transport infrastructure threatens not only mobility but also national economic resilience.

Future highway development must therefore integrate climate adaptation and resilience at every stage of planning and execution. This includes adopting climate-resilient engineering standards, strengthening drainage systems, using heat-resistant pavement materials, constructing elevated corridors in flood-prone regions, and incorporating nature-based solutions for slope stabilization and erosion control. The government has already begun integrating sustainability measures through green highways initiatives, use of recycled materials, and carbon reduction strategies. However, achieving climate-resilient infrastructure at scale will require dedicated financing frameworks, climate risk assessments, advanced geospatial monitoring systems, and close coordination between environmental and infrastructure agencies.

4. Asset Maintenance: From Construction to Lifecycle Management

India’s rapid expansion of highways has created an equally significant challenge: maintaining an increasingly vast and complex road asset base. The country now possesses more than 1.46 lakh kilometers of National Highways, compared to approximately 91,000 kilometers in 2014, while the overall road network exceeds 6.7 million kilometers, making it one of the largest in the world. As infrastructure assets mature, maintenance expenditures will inevitably rise. International experience demonstrates that inadequate maintenance often leads to exponentially higher reconstruction costs, reduced road safety, and lower economic efficiency.

The next phase of India’s road sector transformation must prioritize asset lifecycle management rather than focusing exclusively on new construction. This requires expanding performance-based maintenance contracts, introducing digital asset management systems, deploying drones and IoT-based monitoring technologies, and establishing dedicated maintenance financing mechanisms. Predictive maintenance enabled by artificial intelligence can significantly reduce costs and improve asset longevity. Additionally, the development of a comprehensive national road asset registry and condition monitoring framework can support evidence-based investment decisions. Sustaining the quality and functionality of India’s highway network will ultimately determine the long-term returns on the country’s infrastructure investments.

5. Technology Integration: Building Smart and Connected Highways

The future of transportation infrastructure will be defined not merely by physical connectivity but by digital intelligence. India has already made substantial progress through initiatives such as FASTag, which has transformed toll collection by enabling over 98% electronic tolling penetration on national highways. Similarly, the government’s investment in digital public infrastructure and geospatial technologies under PM Gati Shakti has laid the foundation for integrated transport planning. However, India’s highway system remains in the early stages of adopting advanced intelligent transportation technologies.

Over the next decade, highways will need to evolve into smart mobility corridors equipped with artificial intelligence, real-time traffic management systems, autonomous monitoring technologies, vehicle-to-infrastructure communication networks, and integrated logistics platforms. AI-enabled predictive traffic management can reduce congestion, optimize freight movement, and enhance safety outcomes. Emerging technologies such as digital twins, satellite-based monitoring, connected vehicles, and autonomous freight corridors will reshape transportation systems globally. For India to maintain its competitive advantage, investments in intelligent transport systems (ITS), cybersecurity frameworks, electric vehicle charging infrastructure, and 5G-enabled transport ecosystems must become standard components of highway development. The highways of the future will not simply connect destinations—they will function as intelligent economic and strategic infrastructure networks.

The Road to Viksit Bharat 2047

The transformation of India’s road sector over the last twelve years represents more than an infrastructure success story. It reflects the emergence of a new developmental state capable of executing large-scale public investments with unprecedented speed and scale. From Bharatmala Pariyojana to the Delhi–Mumbai Expressway, from record construction rates to environmentally sustainable corridors, India’s highway revolution has redefined connectivity, competitiveness and national ambition.

As India advances toward Viksit Bharat 2047, highways will no longer be viewed merely as transportation assets. They will serve as strategic economic corridors, instruments of national integration and foundations of prosperity. The story of India’s roads, therefore, is ultimately the story of a nation building not just infrastructure, but its future.

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भारतीय अर्थव्यवस्था के सामने रफ्तार बनाए रखने की चुनौती https://visionviksitbharat.com/the-challenge-of-sustaining-indias-economic-momentum/ https://visionviksitbharat.com/the-challenge-of-sustaining-indias-economic-momentum/#respond Thu, 25 Jun 2026 09:19:47 +0000 https://visionviksitbharat.com/?p=2351 बीते सप्ताह भारतीय अर्थव्यवस्था से जुड़ी दो महत्वपूर्ण खबरें रहीं। पहला, जीडीपी के आंकड़े और दूसरा, भारतीय रिजर्व बैंक की मौद्रिक नीति समिति (एमपीसी) की बैठक। जीडीपी के आंकड़ों में…

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बीते सप्ताह भारतीय अर्थव्यवस्था से जुड़ी दो महत्वपूर्ण खबरें रहीं। पहला, जीडीपी के आंकड़े और दूसरा, भारतीय रिजर्व बैंक की मौद्रिक नीति समिति (एमपीसी) की बैठक। जीडीपी के आंकड़ों में जहां उत्साह था, वहीं आरबीआई ने अर्थव्यवस्था को लेकर कुछ महत्वपूर्ण चेतावनियां दीं। सांख्यिकी मंत्रालय द्वारा जारी आंकड़ों के अनुसार, वित्त वर्ष 2025-26 में भारतीय अर्थव्यवस्था की अनुमानित वृद्धि दर 7.7 प्रतिशत आंकी गई। यह संख्या इसलिए महत्वपूर्ण है क्योंकि पिछले कुछ समय से भारत की विकास क्षमता को लेकर विभिन्न प्रकार की शंकाएं व्यक्त की जा रही थीं। कभी उपभोग में कमजोरी की बात कही गई, तो कभी निजी निवेश की गति पर प्रश्न उठाए गए। ऐसे माहौल में यह वृद्धि इस बात का संकेत देती है कि भारतीय अर्थव्यवस्था की बुनियादी संरचना वैश्विक सुस्ती में भी अपेक्षाकृत मजबूत बनी हुई है।

विशेष रूप से जनवरी-मार्च तिमाही का प्रदर्शन उल्लेखनीय रहा। इस तिमाही का अंतिम महीना (मार्च) ऐसे समय में था जब पश्चिम एशिया में बढ़ते तनाव ने वैश्विक व्यापार, ऊर्जा बाजारों और आपूर्ति श्रृंखलाओं को लेकर नई चिंताएं पैदा कर दी थीं। इसके बावजूद इस तिमाही में 7.8 प्रतिशत की वृद्धि यह दर्शाती है कि भारतीय अर्थव्यवस्था को घरेलू मांग और आंतरिक आर्थिक गतिविधियों से मजबूत समर्थन मिल रहा है। इससे यह भी स्पष्ट होता है कि हाल के वर्षों में भारत ने बाहरी आर्थिक झटकों के प्रति अपनी सहनशीलता (रेजिलिएंस) को काफी मजबूत किया है। लेकिन इसी बिंदु पर आरबीआई का तत्कालीन आकलन ध्यान आकर्षित करता है। जीडीपी के उत्साहजनक आंकड़ों के बावजूद आरबीआई ने आगामी वित्त वर्ष के लिए विकास दर के अनुमान को घटाकर 6.6 प्रतिशत कर दिया है, जबकि महंगाई के अनुमान को बढ़ाकर 5.1 प्रतिशत कर दिया है। यह भविष्य को लेकर केंद्रीय बैंक की बढ़ती चिंताओं का संकेत है।

दरअसल, किसी भी अर्थव्यवस्था का आकलन दो आधारों पर किया जाता है- वह आज कहां खड़ी है और आने वाले समय में किस दिशा में बढ़ रही है। जीडीपी के हालिया आंकड़े हमें बताते हैं कि भारतीय अर्थव्यवस्था ने बीते वर्ष वैश्विक अनिश्चितताओं और बाहरी दबावों के बावजूद उल्लेखनीय मजबूती दिखाई। वहीं संशोधित आकलन संकेत देता है कि आगे का आर्थिक परिदृश्य चुनौतीपूर्ण हो गया है। वैश्विक भू-राजनीतिक तनाव, ऊर्जा कीमतों में वृद्धि और बाहरी मांग में कमजोरी जैसे कारक भारतीय आर्थिकी को प्रभावित कर रहें हैं। इसलिए आज वास्तविक प्रश्न यह नहीं है कि भारतीय अर्थव्यवस्था ने पिछले वर्ष कैसा प्रदर्शन किया, बल्कि यह है कि बदलती वैश्विक परिस्थितियों के बीच वह अपनी विकास गति को किस प्रकार बनाए रखे।

बढ़ानी होगी घरेलू मांग

किसी भी अर्थव्यवस्था की दीर्घकालिक मजबूती का आधार अंततः घरेलू मांग ही होती है। भारत की सबसे बड़ी ताकत उसका विशाल घरेलू बाजार है, लेकिन इसकी क्षमता तभी साकार हो सकती है जब करोड़ों परिवारों की क्रय शक्ति मजबूत बनी रहे। उंची ऊर्जा कीमतें और खाद्य महंगाई यदि आय का बड़ा हिस्सा निगलने लगें, तो उपभोग और मांग दोनों पर दबाव बढ़ता है। मौजूदा वैश्विक परिस्थितियों में ऐसे जोखिम दिखाई भी दे रहे हैं। इसलिए सरकार को समय रहते ऐसे कदमों पर विचार करना होगा जो मांग को सहारा दें। हालांकि यह भी ध्यान रखना होगा कि आज की स्थिति कोविड जैसी नहीं है; इसलिए समाधान भी उसी प्रकार के व्यापक राहत पैकेज नहीं, बल्कि अधिक ‘लक्षित’ होने चाहिए।

यहीं भारत की डिजिटल सार्वजनिक अवसंरचना एक नई संभावना प्रस्तुत करती है। जनधन, आधार और यूपीआई के रूप में देश ने ऐसा ढांचा विकसित कर लिया है जो सरकार को न्यूनतम लीकेज के साथ लक्षित सहायता पहुंचाने की क्षमता देता है। भविष्य में यदि मांग कमजोर पड़ती है, तो डिजिटल रुपया (सीबीडीसी) आधारित ‘टार्गेटेड कंजम्पशन सपोर्ट’ पर विचार किया जा सकता है। उदाहरण के लिए, सरकार सीमित अवधि के लिए निम्न आय वर्ग के परिवारों को ‘डिजिटल ट्रैवल कूपन’ उपलब्ध करा सकती है, जिन्हें केवल रेलवे टिकट, होटल, पर्यटन सेवाओं या अन्य निर्धारित क्षेत्रों में ही खर्च किया जा सके। चूंकि यह डिजिटल रुपया प्रोग्रामेबल होगा, इसलिए इसका उपयोग केवल अधिकृत सेवाओं और तय उद्देश्यों तक सीमित रहेगा, जिससे लीकेज और दुरुपयोग की संभावना लगभग शुन्य होगी।

ऐसी योजना का लाभ केवल सहायता प्राप्त करने वाले परिवारों तक सीमित नहीं रहेगा। जब लाखों परिवार यात्रा करेंगे, स्थानीय सेवाओं का उपयोग करेंगे और विभिन्न क्षेत्रों में खर्च बढ़ेगा, तो पर्यटन, आतिथ्य, परिवहन और छोटे व्यवसायों में नई मांग पैदा होगी। इससे आय, रोजगार और उत्पादन को भी बल मिलेगा। अर्थशास्त्र की भाषा में यह एक ‘मल्टीप्लायर इफेक्ट’ होगा, जिसमें सरकार द्वारा खर्च किया गया सीमित संसाधन व्यापक आर्थिक गतिविधियों को गति देगा। राजकोषीय दृष्टि से भी इसे ‘फ्रीबी’ नहीं कहा जा सकता। इस तरह की लक्षित सहायता के माध्यम से मांग, उत्पादन और रोजगार को सहारा मिलेगा। इसलिए सरकार को छोटी अवधि में मांग को बल देने के इए ऐसे आर्थिक मॉडल का प्रयोग करना चाहिए।

निवेश और रोजगार का चक्र टूटने न पाए

घरेलू मांग को मजबूत बनाए रखने के साथ यह भी आवश्यक है कि अर्थव्यवस्था में निवेश की गति कमजोर न पड़े। पिछले पांच वर्षों में केंद्र सरकार ने लगभग 44 लाख करोड़ रुपये का पूंजीगत व्यय किया है, जिसने भारत की विकास दर को महत्वपूर्ण सहारा दिया है। सड़क, रेलवे, बंदरगाह, ऊर्जा और शहरी अवसंरचना पर होने वाला यह खर्च केवल रोजगार सृजित नहीं करता, बल्कि एक आर्थिक वृद्धि के लिए एक इकोसिस्टम तैयार करता है। नतीजतन आर्थिकी में उत्पादकता बढ़ती है, लॉजिस्टिक्स लागत घटती है और निजी निवेश को प्रोत्साहन मिलता है। अर्थशास्त्र की भाषा में इसे ‘क्राउडिंग इन’ प्रभाव कहते है, जब सरकारी निवेश निजी क्षेत्र के निवेश को प्रोत्साहित करता है।

हालांकि केवल पूंजीगत खर्च की रणनीति प्रयाप्त नहीं होगी। विकास की वास्तविक मजबूती छोटे और लघु उद्योग क्षेत्र से आती है, जो रोजगार और आय का सबसे बड़ा आधार है। लेकिन बाहरी झटकों का पहला असर भी इसी क्षेत्र पर पड़ता है। ऊर्जा कीमतों में वृद्धि, परिवहन लागत में बढ़ोतरी और वैश्विक मांग में कमी का पहला प्रभाव छोटी और मझोली इकाइयों पर ही पड़ता है। ऐसे समय में एमएसएमई को दो चीजों की सबसे अधिक आवश्यकता होती है- पूंजी और बाजार। सस्ती कार्यशील पूंजी और बेहतर ऋण सुविधाएं उपलब्ध कराना सरकार की जिम्मेदारी है, जबकि बाजार उपलब्ध कराना नागरिकों की भी जिम्मेदारी है। यदि नागरिक स्वदेशी उत्पादों और स्थानीय उद्यमों को प्राथमिकता दें, तो यह क्षेत्र कठिन परिस्थितियों में भी टिक सकता है।

हमें समझना होगा कि भारतीय अर्थव्यवस्था अब तक वैश्विक अनिश्चितताओं के बीच भी मजबूती दिखाने में सफल रही है। लेकिन वास्तविक चुनौती अब शुरू होती है। पश्चिम एशिया में जारी तनाव के कारण ऊर्जा कीमतों पर दबाव बना हुआ है, जबकि अल नीनो का खतरा खाद्य महंगाई को बढ़ा सकता है। ऐसे में आने वाला वित्त वर्ष भारतीय अर्थव्यवस्था की सहनशीलता की नई परीक्षा होगा। इसलिए सरकार को समय रहते ऐसे लक्षित उपायों पर काम करना होगा जो मांग, उपभोग और निवेश के चक्र को सक्रिय बनाए रख सकें।

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Building a Future-Ready Workforce in the Age of AI, Automation and Global Talent Mobility https://visionviksitbharat.com/building-a-future-ready-workforce-in-the-age-of-ai-automation-and-global-talent-mobility/ https://visionviksitbharat.com/building-a-future-ready-workforce-in-the-age-of-ai-automation-and-global-talent-mobility/#respond Thu, 25 Jun 2026 07:38:27 +0000 https://visionviksitbharat.com/?p=2338 India stands at a historic demographic crossroads. With nearly 65% of its population below the age of 35, the country possesses one of the world’s largest reservoirs of human capital.…

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India stands at a historic demographic crossroads. With nearly 65% of its population below the age of 35, the country possesses one of the world’s largest reservoirs of human capital. However, demographic advantage does not automatically translate into economic prosperity. It requires sustained investments in education, skills, employability, and lifelong learning. Over the last decade, India has undertaken one of the world’s most ambitious skill development transformations, moving from fragmented vocational training initiatives to an integrated, technology-enabled and industry-driven skilling ecosystem.

Through flagship interventions such as the Skill India Mission, Pradhan Mantri Kaushal Vikas Yojana (PMKVY), National Apprenticeship Promotion Scheme (NAPS), Skill India Digital Hub (SIDH), PM-SETU, SOAR, and the Prime Minister Internship Scheme (PMIS), India is laying the foundation for a workforce capable of competing in an increasingly digital and knowledge-driven global economy. This article evaluates India’s skilling architecture, its achievements, emerging challenges, and policy pathways toward realizing the vision of Viksit Bharat 2047.

The Global Skills Challenge

The Fourth Industrial Revolution is fundamentally reshaping labour markets. According to the World Economic Forum’s Future of Jobs Report, nearly 40% of current workforce skills are expected to undergo significant transformation within this decade. Artificial Intelligence, robotics, automation, green technologies, cybersecurity, data analytics, and advanced manufacturing are altering the nature of work across sectors.

Simultaneously, developed economies face severe labour shortages due to aging populations. Countries across Europe, North America, East Asia, and the Gulf are increasingly competing for skilled workers. This presents India with a unique opportunity to emerge as the world’s largest supplier of skilled human capital.

Yet the challenge remains substantial. Historically, India’s workforce has been characterized by a high degree of informality and low levels of formal vocational training. Bridging this gap requires institutional reforms, industry partnerships, digital infrastructure, and large-scale investments in human capital.

Skill India Mission: The Foundation of Workforce Transformation

Launched in 2015, the Skill India Mission (SIM) represented a paradigm shift in India’s approach to workforce development. Unlike earlier vocational initiatives focused primarily on training delivery, SIM emphasizes employability, industry alignment, entrepreneurship, and continuous upskilling.

The mission operates through multiple complementary schemes:

  • Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
  • Jan Shikshan Sansthan (JSS)
  • National Apprenticeship Promotion Scheme (NAPS)
  • Craftsmen Training Scheme (CTS)
  • Industrial Training Institutes (ITIs)
  • Skill India Digital Hub (SIDH)

Together, these programmes form a comprehensive ecosystem covering school students, youth, workers, entrepreneurs, women, rural populations, and emerging technology sectors.

PMKVY: From Certification to Employability

More importantly, PMKVY has evolved from an incentive-based certification scheme into a demand-driven, outcome-oriented framework.

The latest phase incorporates:

  • Artificial Intelligence
  • Drone Operations
  • Green Energy Technologies
  • Electronics Manufacturing
  • Industry-based On-the-Job Training
  • National Skill Qualification Framework (NSQF) alignment

This shift reflects global evidence showing that employability improves significantly when vocational training is linked with practical industry exposure and standardized competency frameworks.

Democratizing Skills: Jan Shikshan Sansthan

One of the most important but often underappreciated reforms has been the revitalization of Jan Shikshan Sansthans (JSS).

Since 2018:

  • 36.48 lakh beneficiaries have been trained.
  • More than 26,500 tribal beneficiaries have successfully completed training.
  • Localized courses have enabled livelihood creation in tailoring, handicrafts, food processing, and health services.
  • Integration with the UdyamKart digital marketplace has expanded market access for artisans and micro-entrepreneurs.

This model demonstrates that skilling is not merely about industrial jobs; it is equally about strengthening local economies, preserving traditional crafts, and promoting inclusive growth.

Apprenticeships: Bridging the Education-Employment Gap

International evidence consistently demonstrates that apprenticeship-based systems produce superior employment outcomes.

Countries such as Germany, Switzerland, and Austria maintain some of the lowest youth unemployment rates globally largely because of strong apprenticeship ecosystems.

India’s National Apprenticeship Promotion Scheme (NAPS) seeks to institutionalize similar pathways.

Key Achievements

  • 54.41 lakh apprentices engaged since 2016.
  • Participation across automotive, manufacturing, retail, electronics, and IT sectors.
  • Government stipend support through Direct Benefit Transfer.
  • Introduction of Certificate of Proficiency (CoP) in 2025.

The apprenticeship model addresses one of India’s most persistent labour market challenges: graduates possessing qualifications but lacking practical workplace experience.

Reinventing ITIs through PM-SETU

Industrial Training Institutes have historically been the backbone of vocational education in India. However, many suffered from outdated infrastructure and curricula.

The launch of PM-SETU in 2025 marks perhaps the most ambitious ITI modernization initiative in independent India’s history.

Key Features

  • ₹60,000 crore investment.
  • Upgradation of 1,000 Government ITIs.
  • Hub-and-Spoke institutional model.
  • Industry co-management through Special Purpose Vehicles.
  • National Centres of Excellence in five NSTIs.
  • Curriculum redesign aligned with labour market needs.

This reform mirrors successful international models where industry plays an active role in curriculum design, equipment modernization, and trainee assessment.

Preparing for the AI Era: SOAR Initiative

Artificial Intelligence is expected to become a foundational skill similar to digital literacy.

Recognizing this early, India launched SOAR (Skilling for AI Readiness) in 2025.

The initiative introduces AI awareness and foundational AI skills to students from Classes 6–12 through:

  • AI to be Aware
  • AI to Aspire
  • AI to Acquire

Educators receive specialized training in AI ethics, machine learning concepts, and classroom integration.

Partnerships with IBM, Microsoft, and Cisco provide global industry exposure, helping ensure that Indian students are prepared for future jobs rather than merely current occupations.

This aligns with OECD recommendations emphasizing early exposure to computational thinking and AI literacy.

Prime Minister Internship Scheme: Creating Employability at Scale

One of the most significant innovations in India’s workforce strategy is the Prime Minister Internship Scheme (PMIS).

The initiative directly addresses employer concerns regarding graduate readiness.

Highlights

  • 63,000+ internship opportunities.
  • Financial assistance of ₹9,000 per month.
  • One-time grant of ₹6,000.
  • Coverage across 730+ districts.
  • Joint certification by Government and industry.

The experience of interns such as Avi Rana demonstrates how structured workplace exposure develops professional competencies, confidence, communication skills, and organizational understanding.

Research across labour markets indicates that internship participation significantly improves job placement outcomes and wage prospects.

Skill India Digital Hub: Creating a Digital Public Infrastructure for Skills

India’s digital public infrastructure approach has transformed payments, governance, and service delivery. The same philosophy now extends to skills.

The Skill India Digital Hub (SIDH) represents a unified platform connecting:

  • Learners
  • Employers
  • Apprentices
  • Training Providers
  • Government Schemes

As of May 2026

  • 1.89 crore registered users.
  • 1.38 crore e-KYC verifications.
  • Access in 23 languages.
  • More than 1,000 courses.
  • Integration with DigiLocker, UIDAI, e-Shram, PFMS and NCS.

By reducing information asymmetry and transaction costs, SIDH creates a scalable and transparent labour market infrastructure.

SANKALP: Institutionalizing Skill Governance

While training numbers often dominate public discourse, institutional capacity remains equally important.

The World Bank-supported SANKALP programme focused on governance reforms rather than merely training outputs.

Major outcomes include:

  • District Skill Committees expanded from 248 to 776.
  • District Skill Development Plans increased from 223 to 746 districts.
  • 21,602 enterprises established.
  • 20,875 Udyam registrations facilitated.
  • Over 20,575 wage employment opportunities generated.
  • More than 25,000 candidates placed in international job markets.
  • AR/VR-based e-Skill labs established.

SANKALP demonstrated that effective skill development requires decentralized planning aligned with local economic realities.

Emerging Challenges

Despite remarkable progress, several challenges remain.

Quality versus Quantity: Training numbers alone cannot guarantee employability. Continuous quality assurance and outcome measurement remain essential.

Rapid Technological Disruption: AI and automation are transforming job roles faster than traditional curriculum revision cycles.

Industry Participation: While improving, employer participation in curriculum design, apprenticeships, and assessment needs further strengthening.

Global Skills Certification: India must align more skill standards with international frameworks to enhance workforce mobility.

Lifelong Learning: Future workers will need continuous reskilling rather than one-time training interventions.

India’s skill development journey over the past decade represents one of the largest workforce transformation initiatives in the world. The transition from isolated training programmes to a comprehensive ecosystem encompassing digital platforms, apprenticeships, AI readiness, internships, entrepreneurship, and industry partnerships reflects a mature and forward-looking policy vision.

The challenge ahead is not merely creating jobs but creating a workforce capable of adapting to technological disruption, participating in global value chains, and driving innovation-led growth. If sustained and continuously refined, India’s skilling architecture can become the cornerstone of Viksit Bharat 2047—transforming the country’s demographic dividend into a decisive economic advantage and positioning India as the world’s leading source of skilled talent in the twenty-first century.

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The Demographic Challenge: How Population Changes are Reshaping Bharat and Europe https://visionviksitbharat.com/the-demographic-challenge-how-population-changes-are-reshaping-bharat-and-europe/ https://visionviksitbharat.com/the-demographic-challenge-how-population-changes-are-reshaping-bharat-and-europe/#respond Tue, 09 Jun 2026 06:53:07 +0000 https://visionviksitbharat.com/?p=2314 The Government of Bharat has constituted a High-Level Committee to study the demographic changes arising from illegal immigration and other abnormal reasons, and to suggest measures to deal with these…

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The Government of Bharat has constituted a High-Level Committee to study the demographic changes arising from illegal immigration and other abnormal reasons, and to suggest measures to deal with these demographic changes. Prime Minister Shri Narendra Modi had announced the “High-powered Demography Mission” on 15 August 2025. The Union Cabinet gave its approval to this proposal on 11 September 2025. Justice Prakash Prabhakar Navlekar (Retired) will be the Chairman of the Committee. In addition to the Census Commissioner, three distinguished experts — Shri Durga Shankar Mishra (Retired IAS), Shri Balaji Srivastava (Retired IPS), and Dr. Shamika Ravi — will be members of the Committee. The Joint Secretary (Foreigners-I), Ministry of Home Affairs, will be the Member Secretary of the Committee.

Why infiltration is anti humanitarian

The infiltration has nothing to do with humanitarianism; contrary, promoting infiltration is anti-humanitarian. I say this because not only Bharat, but many European nations, including the United States, are feeling the heat from Muslim infiltration. Rapes, looting, and other antisocial actions are on the rise. The area they penetrate becomes unstable, aggressive, and full of illegal activity, and as their strength develops, the local culture and laws disappear. The locals begin to find it impossible to live in the infiltrators’ neighbourhood, so they either flee or experience daily harassment from these infiltrators. The infiltrators seize control of everything and modify the demographics based on their ideology, forgetting that they were permitted on humanitarian grounds.

They have no affection for that nation and do not think that its laws or constitution should be followed because they are not its citizens. In the long run, this mindset weakens the country’s security, particularly for women, socioeconomic viewpoint, unsanitary behaviour, violence becoming the new norm, social unrest, attacks on or prohibitions against other cultures, and an exponential rise in drugs, prostitution, and other illicit activities that devastate young people. They are given unlawful government certificates so they can participate in free government programs and even cast ballots, and the local government and politicians exploit them for their avaricious intentions. They steal local residents’ jobs.

How massive infiltration, religious conversion and TFR affects Bharat

Bharat is the most affected by these infiltrators from Bangladesh, Myanmar, and Pakistan. The border districts have had a significant impact on border security and are a major threat in the event of a war with neighbours. Our governments and armed forces are concerned about the unnatural and exponential change occurring in the border districts of Assam, West Bengal, Jammu & Kashmir, Ladakh, and the northeastern states. Hindus are now a minority in numerous regions, cities, and villages. Hindus have either fled, forcefully converted to Islam, or accepted Christianity. Various governments have provided different data at different times, indicating an increase in population every decade.

The infiltration is not restricted to border areas, but has spread to isolated villages and cities across Bharat, changing the demographics of the area. In 1997, Home Minister Indrajit Gupta stated that 1 crore Bangladeshis reside in Bharat; in 2004, during Congress rule, Shriprakash Jaiswal, a minister, stated that 1.2 crore Bangaladeshi reside in Bharat; and in 2016, Kiren Rijeju, a minister in the Modi government, stated that 2 crore Bangaladeshi reside in Bharat. The Rohingya and Pakistani Muslims are not counted. Can we comprehend the perils of such a massive invasion into our 1.4 billion-strong nation? It is time to recognise the Modi government’s efforts to assess and implement necessary measures to protect the nation and its citizens.

The forced religious conversion of large numbers of people to Islam and Christianity, creating a majority minority, is the second facet of demographic shift. The north eastern states, Kerala, part of Tamilnadu, Andhra Pradesh, Telangana, Assam, West Bengal, Jharkhand, Chhattisgadh, Madhya Pradesh, Bihar, UP, Punjab and so forth. A society that despises Hindu culture and customs is being developed in these areas, which are turning into the center of anti-national activities. A society that loves Pakistan and despises Bharat, or that adores the missionary culture that undermines the nation and society. The impoverished SC, ST, and OBCs are targeted by emotional traps or by providing them with meagre food or cash in order to trick them into becoming converts. To complement the robust actions taken by governments, society must take decisive action and support. To secure the area and nation, these organisations’ anti-humanitarian efforts to convert people to Islam and Christianity through unethical tactics must end immediately.

The Hindu TFR (Total Fertility Rate) is 1.94, below the replacement level of 2.1 (the rate necessary to maintain population stability from one generation to the next), according to the National Family Health Survey (NFHS-5). At 2.36, the Muslim TFR is still much higher. Parts of the nation are beginning a phase of rapid population ageing because the Hindu fertility rate has fallen below the replacement level. Decades ago, fertility rates in states like Kerala, Tamil Nadu, Andhra Pradesh, and Karnataka—which are predominantly Hindu but have different sociocultural structures—were much below replacement level (between 1.5 and 1.7). Their populations are increasingly ageing. Little higher fertility rates are maintained in northern states like Bihar and Uttar Pradesh. This means that the Hindu population will stabilise and then decline in absolute numbers considerably sooner than other communities. While the majority of Muslims still adhere to Shariah, marry frequently, and have numerous children despite living in poverty, many Hindus only have one kid or, in many cases, follow the no-child policy. The constitution, the law of the land, Hindus, and the sovereignty of our wonderful nation may all suffer as a result of this severe demographic shift.

How Europe is affected

Local demographic structures are being actively altered by the arrival of sizable Muslim populations, which are mostly from areas with higher traditional fertility rates in the Middle East, South Asia, and North Africa. According to Eurostat data, the foreign-born or irregular migrant stock is heavily concentrated in younger demographics (almost 76% are of working or childbearing age), whereas the native European population is ageing quickly into retirement. Hundreds of thousands of people avoid state integration, language training, and civic alignment programs because these inflows take place outside the legal structures. High concentrations of undocumented or badly integrated Muslim populations have changed public spaces in places like Malmö (Sweden), London (UK), portions of Saint-Denis (Paris, France), and localised districts in Germany. As a result, localised, unofficial religious arbitrations have supplanted established European legal and cultural institutions, causing significant conflict with indigenous cultural values. These areas are experiencing instability and unrest due to an increase in violence, rapes, and illicit activity.

Hindu population growth decreased from 84.1% to 79.8% between 1951 and 2011, while Muslim population growth increased from 9.8% to 14.2%. The nation will witness startling and concerning growth patterns following the current census, which is being conducted throughout Bharat. Therefore, any unnatural demographic change occurring in various parts of Bharat to weaken Bharat should be dealt with firmly in accordance with constitutional provisions in order to protect our nation and our wonderful culture.

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India’s Quantum Future: Powering the Next Wave of Deep-Tech Innovation https://visionviksitbharat.com/indias-quantum-future-powering-the-next-wave-of-deep-tech-innovation/ https://visionviksitbharat.com/indias-quantum-future-powering-the-next-wave-of-deep-tech-innovation/#respond Tue, 09 Jun 2026 05:41:41 +0000 https://visionviksitbharat.com/?p=2311 Recently, under the National Quantum Mission, India successfully demonstrated a 1,000-km quantum communication network in less than two years since the mission’s launch. This is among the longest quantum communication…

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Recently, under the National Quantum Mission, India successfully demonstrated a 1,000-km quantum communication network in less than two years since the mission’s launch. This is among the longest quantum communication networks in the world. The achievement is particularly significant because the mission originally aimed to develop a 2,000-km quantum communication capability over a period of eight years, whereas India has achieved this remarkable progress at an exceptionally rapid pace.

In the twenty-first century, technological capability is increasingly determining geopolitical influence, economic resilience, military preparedness, and strategic autonomy. Just as the industrial revolution shaped the nineteenth century and the digital revolution transformed the twentieth, the coming decades are expected to be defined by mastery over frontier technologies such as Artificial Intelligence (AI), semiconductors, quantum computing, quantum communication, biotechnology, and high-performance computing. Among these, quantum technology is emerging as one of the most strategically consequential sectors in the world.

Quantum technology operates on the principles of quantum mechanics, including superposition, entanglement, tunnelling, and quantum interference, enabling computational and communication capabilities far beyond those of classical systems. Broadly, quantum technologies are divided into four major domains: quantum computing, quantum communication, quantum sensing, and quantum materials and devices. Their applications are expected to transform defence systems, cybersecurity, healthcare, logistics, climate science, finance, AI, and space technologies. Quantum systems can enable ultra-secure military communications, advanced cryptography, molecular simulations for drug discovery, high-resolution climate modelling, portfolio optimisation, and next-generation satellite communication systems.

The economic potential of quantum technology is equally enormous. According to McKinsey & Company, quantum technologies could generate economic value exceeding $1 trillion globally by 2035, while industry estimates project the global quantum computing market to surpass $125 billion by 2030. Meanwhile, Boston Consulting Group estimates that governments worldwide have already announced more than $40 billion in public investments in quantum technologies. Major technology companies including IBM, Google, Microsoft, and Intel are investing billions of dollars into quantum research, infrastructure, and hardware development. IBM has already unveiled quantum processors exceeding 1,000 qubits, while countries such as China and the United States are rapidly expanding quantum communication and computing ecosystems.

Against this backdrop, India has begun positioning itself not merely as a technology consumer, but as a major participant in the global deep-tech ecosystem. Under the leadership of Narendra Modi, India’s investments in quantum technologies, semiconductors, AI, supercomputing, and indigenous innovation reflect a broader strategic vision aimed at technological sovereignty and long-term national competitiveness.

India’s National Quantum Mission

Recognising the transformative potential of quantum technologies, India approved the National Quantum Mission (NQM) with an outlay of approximately ₹6,003 crore for the period 2023–2031. The mission aims to develop quantum computers with 50–1000 physical qubits, satellite-based quantum communication systems, inter-city Quantum Key Distribution (QKD) networks, quantum sensors and metrology systems, and advanced quantum materials and devices.

The National Quantum Mission represents one of India’s most ambitious scientific and technological programmes since the country’s space and nuclear initiatives. Its significance extends beyond scientific advancement because quantum technologies directly intersect with national security, cybersecurity, defence preparedness, and digital sovereignty. The mission seeks to reduce dependence on foreign technologies, strengthen indigenous intellectual property ecosystems, build sovereign cybersecurity infrastructure, and enhance India’s long-term technological resilience.

A major strategic concern globally is that future quantum computers may eventually become powerful enough to break classical encryption systems currently used in banking, military communications, digital governance, and financial infrastructure. Consequently, countries capable of developing quantum-safe communication systems early may gain substantial geopolitical and cybersecurity advantages.

India’s Quantum Communication Breakthrough

One of the most significant milestones achieved under India’s emerging quantum ecosystem has been the successful demonstration of 1,000 km secure quantum communication, completed in less than half the originally projected timeline. This breakthrough is strategically important because quantum communication enables encryption systems that are theoretically resistant to interception, hacking, and cyber espionage.

Quantum communication derives its security from the laws of physics rather than computational complexity. Using principles such as quantum entanglement and photon-based transmission, these systems can automatically detect interception attempts, making them fundamentally more secure than classical communication systems.

The implications are substantial for secure military communications, defence intelligence protection, financial systems, digital governance, and critical infrastructure security. As cyber warfare increasingly becomes central to geopolitical competition, quantum communication is likely to emerge as one of the defining strategic infrastructures of the future.

India’s Emerging Quantum Startup Ecosystem

India’s National Quantum Mission is also catalysing a new generation of deep-tech entrepreneurship. Multiple startups have received support under the mission, including investments of up to ₹30 crore per startup in areas such as quantum computing, quantum sensing, quantum communication, quantum hardware, and quantum software stacks.

This is strategically important because globally successful innovation ecosystems are built through collaboration between academia, startups, government laboratories, industry, and venture capital networks. India has also witnessed the emergence of indigenous quantum hardware initiatives, including one of the country’s first full-stack quantum computing systems featuring superconducting qubits.

These developments reflect an important transition from India’s traditional dependence on software services toward high-end hardware innovation and deep-tech capability building. Future industries such as quantum cybersecurity, quantum cloud computing, advanced semiconductor design, smart manufacturing, and precision healthcare are expected to increasingly rely on quantum-enabled systems.

Lessons from Global Quantum Powers

The global quantum race is intensifying rapidly, with major powers treating quantum technologies as strategic assets.

China’s Quantum Strategy

China has emerged as one of the world’s most aggressive players in quantum technologies. Its achievements include the launch of the Micius quantum satellite, the construction of large-scale quantum communication backbone networks, extensive military integration efforts, and massive state-led investments in quantum research infrastructure. China has already demonstrated satellite-based quantum communication over thousands of kilometres and reportedly invested billions of dollars in dedicated quantum laboratories.

China’s model highlights several important lessons for India, including the importance of long-term state-led investment, domestic hardware ecosystems, civil-military integration, talent retention, and institutional coordination. Although India’s democratic innovation ecosystem differs significantly from China’s centralised model, India can still learn from China’s scale, urgency, and strategic planning.

The United States and the National Quantum Initiative

The United States launched the National Quantum Initiative Act to coordinate federal quantum research and maintain technological leadership. The American ecosystem benefits from world-leading universities, strong defence research agencies, deep venture capital networks, Big Tech participation, and semiconductor leadership.

Companies such as IBM and Google have demonstrated major breakthroughs in superconducting and error-corrected quantum systems. The U.S. model demonstrates the strategic importance of public-private partnerships, research commercialisation, startup ecosystems, university-industry collaboration, and strong intellectual property frameworks.

Europe’s Quantum Flagship Programme

The European Union launched the Quantum Flagship Programme with multi-billion-euro investments aimed at long-term quantum research and industrial development. Europe’s strengths include collaborative research networks, advanced photonics research, regulatory preparedness, and strong emphasis on ethical governance and standardisation frameworks.

For India, the European model demonstrates the importance of international collaboration, open innovation ecosystems, and coordinated research partnerships involving universities, government laboratories, startups, and industry.

Semiconductors, Supercomputing, and Computational Sovereignty

Quantum technologies cannot scale without strong semiconductor and high-performance computing ecosystems. The global semiconductor shortage during the COVID-19 pandemic exposed the strategic vulnerability of countries dependent on concentrated chip supply chains. Semiconductors now underpin AI systems, defence electronics, telecommunications, space technologies, electric vehicles, industrial automation, and medical devices.

Recognising this strategic reality, India has intensified efforts to build indigenous semiconductor capabilities through the India Semiconductor Mission and related manufacturing incentives. Semiconductor capability is increasingly viewed not merely as an industrial sector, but as critical strategic infrastructure.

Parallelly, India’s National Supercomputing Mission (NSM), jointly implemented by the Ministry of Electronics and Information Technology and the Department of Science and Technology, aims to establish a nationwide network of more than 70 high-performance supercomputers interconnected through the National Knowledge Network.

High-performance computing (HPC) capability is becoming indispensable for AI model training, climate modelling, genomics, weather forecasting, defence simulations, aerospace research, vaccine development, and advanced materials science. Under the mission, India has already deployed indigenous systems under the PARAM series, including PARAM Siddhi-AI, which ranked among the world’s leading AI-focused supercomputers.

The importance of computational sovereignty is growing rapidly because advanced AI systems and scientific simulations require enormous computing capacity. Countries capable of processing massive datasets, simulating complex systems, and accelerating scientific discovery gain major strategic advantages in defence, cybersecurity, industrial innovation, and scientific leadership. The convergence of quantum technologies, AI, semiconductors, and supercomputing therefore reflects the emergence of a new strategic technology ecosystem in which national competitiveness depends increasingly on computational power.

India’s Structural Advantages

India possesses several structural strengths that could support long-term leadership in frontier technologies. One of its greatest advantages is its large STEM talent base. India produces one of the world’s largest numbers of engineers, scientists, and technology graduates annually. Institutions such as the Indian Institutes of Technology and the Indian Institute of Science are increasingly participating in advanced research in quantum computing, communication, and materials science.

India also benefits from its globally recognised digital public infrastructure ecosystem, including Aadhaar, UPI, DigiLocker, and large-scale digital governance systems. These initiatives demonstrate India’s ability to execute technology-driven programmes at population scale.

Another important advantage lies in India’s tradition of frugal engineering and cost-efficient innovation, which may prove strategically valuable in developing scalable and affordable quantum systems. Simultaneously, India has emerged as one of the world’s largest startup ecosystems, with increasing participation in deep-tech sectors including AI, semiconductors, space technology, and quantum innovation. Supporting these structural strengths is a broader policy direction focused on Atmanirbhar Bharat, indigenous R&D, strategic manufacturing, semiconductor capability, deep-tech innovation, and digital sovereignty.

Challenges India Must Address

Despite rapid progress, India still faces several major challenges in becoming a global quantum leader. One critical concern is talent retention. Quantum technologies require highly specialised expertise in physics, mathematics, cryogenics, materials science, electrical engineering, and computer science. India must prevent migration of top scientific talent by creating globally competitive research ecosystems, advanced laboratories, and long-term scientific opportunities.

Another challenge relates to research funding scale. Although the National Quantum Mission’s ₹6,003 crore allocation is significant, countries such as China and the United States are investing substantially larger sums in quantum research, semiconductor ecosystems, and advanced computing infrastructure. India may eventually require expanded public funding, sovereign deep-tech funds, defence-linked innovation grants, and specialised quantum venture capital ecosystems.

Semiconductor manufacturing capability also remains a critical gap. Quantum computing, AI systems, and high-performance computing infrastructure depend heavily on advanced fabrication capabilities, an area where India still relies significantly on foreign supply chains.

Additionally, India’s research commercialisation ecosystem remains relatively weaker compared to the United States and China. Stronger collaboration between academia, industry, startups, and government laboratories is essential to improve patent commercialisation, startup incubation, technology transfer, and industry-linked research. Finally, India must prioritise large-scale quantum workforce development through specialised education programmes, interdisciplinary research centres, and advanced technical training across universities and scientific institutions.

 

Quantum technologies represent one of the most important strategic frontiers of the twenty-first century. They are poised to transform cybersecurity, defence systems, healthcare, communications, advanced computing, finance, and global digital infrastructure. The countries that dominate quantum technologies, semiconductors, AI, and supercomputing are likely to shape the future global balance of power.

India’s National Quantum Mission, semiconductor initiatives, supercomputing infrastructure, and deep-tech innovation policies indicate that the country is attempting to position itself not merely as a technology market, but as a major technological power with long-term strategic capabilities. The successful demonstration of 1,000 km secure quantum communication, investments in indigenous quantum hardware, support for quantum startups, and expansion of computational infrastructure reflect meaningful national progress.

However, sustaining leadership in the global quantum race will require substantially higher research investment, stronger semiconductor ecosystems, deeper industry-academia collaboration, talent retention, global research partnerships, and long-term institutional commitment.

The global quantum race has only just begun. Yet India’s current trajectory under Narendra Modi suggests that the country is making a serious bid to emerge as one of the leading powers in the coming quantum era, an era in which technological capability may increasingly define economic competitiveness, digital sovereignty, national security, and geopolitical influence.

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Why India’s Smaller Cities Could Decide the Success of Viksit Bharat 2047 https://visionviksitbharat.com/why-indias-smaller-cities-could-decide-the-success-of-viksit-bharat-2047/ https://visionviksitbharat.com/why-indias-smaller-cities-could-decide-the-success-of-viksit-bharat-2047/#respond Tue, 02 Jun 2026 09:52:04 +0000 https://visionviksitbharat.com/?p=2304 “Viksit Bharat 2047” is India’s dream of becoming a developed country by 2047, which is undoubtedly the most ambitious vision for the country’s transformation since Independence. In the past, the…

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“Viksit Bharat 2047” is India’s dream of becoming a developed country by 2047, which is undoubtedly the most ambitious vision for the country’s transformation since Independence. In the past, the growth of India was driven by a few metropolitan cities, Mumbai, Delhi, Bengaluru, Chennai, Hyderabad, Pune, and Kolkata. These cities attracted investment, talent, infrastructure and jobs. But a subtle shift is taking place now. India’s future growth story could well be in Tier-2 and Tier-3 cities rather than its metros. The single question that is now on the minds of the policymakers, economists and investors is ‘Can Bharat (smaller cities and emerging urban centers) be the true driver of Viksit Bharat?

The solution could be the key to India’s goal of becoming a developed nation by the 100th anniversary of independence. The rate of urbanisation in India is unprecedented. World Bank projections predict that by 2036 nearly 600 million people will be living in urban areas, around 40% of the country’s population. These urban centres already account for nearly 70% of the country’s GDP. The success of this urban transition will have a profound impact on India’s development trajectory towards 2047. Economic growth has been focussed in metropolitan India for many years. But the congestion, the skyrocketing property values, pollution, and infrastructure strain are compelling enterprises and citizens to seek alternatives to the traditional urban sites. At the same time, better roads, information technology, airports, industrial corridors and government infrastructure initiatives are making it more appealing to live in smaller cities. Investment and employment hub cities like Indore, Surat, Coimbatore, Bhubaneswar, Lucknow, Jaipur, Kochi, Nagpur, Visakhapatnam, Chandigarh and Raipur are quickly transforming. Lower operating costs, affordable housing, a growing talent pool, and a better quality of life are some of the advantages these cities have over many metropolitan regions.

The growth of Tier-2 and Tier-3 cities is not a demographic phenomenon, but an economic one as well. One of the main reasons for this change is the price. The cost of living in smaller cities is still much less expensive than in metropolitan India. There are many cities like Indore, Lucknow, Coimbatore where the prices of houses are not so high as that of Mumbai or Bengaluru. These cities offer opportunities to middle class families to own homes, get good education, and live a better life without the burden of a big city. These benefits are also becoming apparent to businesses. Traditionally, Global Capability Centres are dominated by cities like Bengaluru, Hyderabad and Pune, and are now increasingly moving to cities like Jaipur, Kochi, Ahmedabad, Coimbatore and Chandigarh. These areas are becoming popular destinations for international companies thanks to the availability of skilled people and the low operating costs.

 

Sources: World Bank Urbanization Report, NITI Aayog Vision Documents, Economic Survey 2025-26, Invest India, PIB releases.

 

Another important factor is infrastructure development. India has been investing in expressways, modernization of airports, railways, digital infrastructure and logistics over the past decade. The distance between smaller cities and major economic hubs has been shortened with projects like the Delhi-Mumbai Industrial corridor, Bharatmala, Dedicated Freight Corridors, and regional airport expansion. This is also reflected in policy dialogues, as the government places greater importance on Tier-2 and Tier-3 cities. Prime Minister Narendra Modi has time and again emphasised the importance of smaller cities acting as new growth centres of the Indian Economy. Likewise, NITI Aayog has emphasised on sustainable urban planning, skill development, and infrastructure development in newly developing urban centres. This has been further speeded up by technology. The young do not have to leave rural areas to join the modern economy as they did in the past. The economic disadvantages of smaller cities have been diminished by remote working, digital commerce, fintech platforms, online education, telemedicine and digital public infrastructure. The success of Unified Payments Interface (UPI), cheap Internet connectivity, and smart phone penetration has helped Bharat’s entrepreneurs gain access to national and global markets.

A start-up from Indore or Bhubaneswar today can cater to the needs of people all over the world. The digital democratization of opportunity is one of the most robust ones that underpin the growth of Bharat. This is reflected in the real estate industry as well. Housing affordability is a problem in metro areas, but Tier-2 cities remain popular destinations for home buyers and investors. According to industry reports, the demand in smaller cities is getting higher because of the improved connectivity, higher employment opportunities, and lower acquisition costs. This is contributing to the development of local ecosystems of consumption, investment and entrepreneurship. The education system is also changing. City-based institutions like Prayagraj, Indore, Mysuru and Bhubaneswar are seeing a rise in the number of multidisciplinary degree courses and industry-oriented curricula. This is helping to diminish the reliance on the historical “educational hubs” that are based in the metro area and allowing for local talent to develop.

However, the rise of Bharat is not without challenges

In many Tier-2 and Tier-3 cities, urban governance remains weak, municipal finances are inadequate, public transport systems are not robust and healthcare facilities are lacking. Larger metros have encountered problems with water supply, waste disposal, air pollution and unplanned urban growth that are likely to be repeated here. Experts believe that to attain the goals of Viksit Bharat, urban governance reforms will be necessary. The cities must be more financially independent, have stronger local institutions, have a better planning capacity and have more citizen involvement in order to effectively manage future growth.

Skill development is also a key challenge. Despite the number of graduates being produced by smaller cities, there are still more industries reporting a lack of job-ready graduates. This will need increased partnership between education, industry and government. Another topic that is not to be ignored involves climate resilience. Urban populations will grow and put pressure on water resource, energy systems, transportation systems and environmental sustainability. The need to address climate adaptation issues in urban planning from the beginning is clear for India to prevent future crises.

Yet despite these challenges, the broader direction is clear

In many countries, economic development has been concentrated in a few big cities, before trickling down to secondary cities. It looks like India is moving towards this second phase. The supremacy of a few metropolitan cities is slowly being replaced by a more diversified model of development in which smaller cities have a bigger role in the development of the country. The vision of Viksit Bharat 2047 cannot be realised through a few megacities alone.A few megacities cannot meet the requirements of the vision of Viksit Bharat 2047. The nation requires hundreds of vibrant, bustling cities that can create jobs, draw investments, encourage innovation and enhance the quality of life. The future of India may not be defined by Mumbai, Delhi, Bengaluru, but perhaps by Indore, Surat, Lucknow, Coimbatore, Bhubaneswar, Nagpur, Kochi, and Visakhapatnam.

The story of Viksit Bharat will thus not be about India vs Bharat. It will be about Bharat being the strongest of the Indian strengths. Tier-2 and Tier-3 cities are no longer the supporting actors in India’s growth story as the nation heads towards 2047. They are now playing a more dominant role as the primary scene where the next chapter in India’s development can be written. With proper policies, investments and governance reforms, Bharat can very well become the Viksit Bharat which India aspires to be.

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Why PM Modi’s Seven-point Pitch is Important for the Economy and Ecology https://visionviksitbharat.com/why-pm-modis-seven-point-pitch-is-important-for-the-economy-and-ecology/ https://visionviksitbharat.com/why-pm-modis-seven-point-pitch-is-important-for-the-economy-and-ecology/#respond Wed, 27 May 2026 06:34:49 +0000 https://visionviksitbharat.com/?p=2292 The world has been in chaos since the conflict began, and the situation has exacerbated as a result of the blocking of the Straight of Hormuz, which has caused supply…

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The world has been in chaos since the conflict began, and the situation has exacerbated as a result of the blocking of the Straight of Hormuz, which has caused supply chain problems. This has resulted in a reduction in the supply of petroleum products and key commodities, affecting the entire planet. The situation in many countries has deteriorated due to a scarcity of petrol, diesel fuel, and fertilisers, which affects the general population as well as commerce and industry. The prices of petroleum goods and essential commodities have risen dramatically, putting pressure on the general populace and the government. Though the Bhartiya government is managing the crisis far better than the industrialised economies, we must consider and act to avoid a similar disaster.

Why foreign exchange reserve is significant?

A foreign exchange reserve is essential for any nation. It benefits the nation in a variety of ways. It aids the nation’s ability to conduct international trade because international trade necessitates the use of dominant currencies such as the USD. Additionally, it contributes to the stability of the local currency, in our case, rupees. The RBI monitors the value of the Bhartiya rupee, and if it falls, it sells some dollars to keep the currency stable. International loans are typically made in currencies such as the US dollar or the Euro, and must be repaid in the same currency. As a result, the foreign exchange reserve is critical, or international agencies may declare the nation to be in default. If the nation has economic turmoil or the world is in recession, the foreign exchange reserve serves as a buffer, keeping the country running and maintaining its reputation on the international stage. Investors are more inclined to invest in countries with bigger foreign exchange reserves because it provides them confidence that their money will be returned in the same currency in which they invested. In a nutshell, the foreign exchange reserve serves as a foundation for economic stability as well as a source of liquidity during difficult times.

Bharat, a nation of 1.4 billion people, is particularly susceptible to sudden spikes in the price of oil since decisions made by nations half a world away quickly affect fuel stations, the bottom lines of its farmers and truckers, and its cost-of-living indices. Even though over 85% of the nation’s crude is now imported, refineries are continuously working to refine crude oil in the background.

7 Points on Which Prime Minister Modi Requested Restraint

  1. Reduce fuel consumption

When global oil prices jump, Bharat feels it quickly. Import bills soar, refinery margins tighten, and the currency weakens. The FY 2024-25 crude import bill touched roughly USD 137 billion, a figure that influences inflation and logistics costs across industries. Analyse how much pressure is placed on foreign currency reserves. To save fuel, we should use public transport such as the metro, trains, buses, or carpooling.

For everyday citizens, this means higher transport fares and commodity prices. For refineries, it means constant attention to crude selection, process efficiency, and maintenance reliability areas where engineering plays a direct role in cost control.

For a huge nation like Bharat, the long-term strategy for energy supply must be built on indigenous resources and require the deployment of an optimal balance of different energy sources. Aside from the environmental difficulties involved with large-scale coal consumption, it is important to highlight that coal deposits are limited. Solar and other non-conventional renewable energy sources play a vital role and should be utilized to the greatest extent possible. The objective is to lessen the risks associated with excessive reliance on oil, not to completely stop using it. One step at a time, Bharat is constructing a more resilient and independent energy future by combining smart imports with cleaner energy bets.

  1. Gold

Bharat purchases more gold than nearly any other country in the world. Every year, the country uses between 700 and 800 tonnes of gold, driven by high demand from homes, weddings, festivals, investment purchases, and rural savings. However, with domestic output restricted to 1 to 2 tonnes per year, Bharat continues to rely on imports for more than 90% of its gold requirements. In 2025, Bharat imported about 72 billion dollars in gold, putting a strain on the foreign exchange reserves. Can we forgo buying gold for a year, as Prime Minister Modi has proposed?

  1. Fertilisers

In 2025, we imported about $15 billion worth of fertiliser. It affects not only the foreign reserves, but also the environment and farmers, so we must transition to Bharatiya farming, which is both financially necessary and beneficial to the ecology and living creatures.

  1. Edible oil

In 2025, we imported about $19 billion in edible oil. PM requested a 10% cut, which would be beneficial even for health.

  1. Foreign travel

In 2025, 3.27 crore Bharatiyas visited overseas, spending 15 to 16 billion USD. Another strain on foreign reserves, which lead to travel within our own country, which has beautiful destinations, cultural heritage sites, and natural attractions. The destination wedding should only take place in Bharat.

  1. Work from home

Another method to cut fuel use is to resume the ‘work from home’ practice that we adopted during the corona pandemic. Virtual meetings and videoconferencing have previously been created. I hope that the industry take the Prime Minister’s call seriously.

  1. Why is self-reliance in Bharat necessary for growth?

Let us clarify things on a larger scale.  For a long time, we were economically and socially decimated by the Mughals, followed by the British.  Even after gaining independence, we were misled into believing that we couldn’t compete with China and other wealthy countries in the manufacturing and service sectors.  We gradually became addicted to Chinese products; just look around our home to see how many commodities are made in China; we even began purchasing idols and worshipping material, a form of mental slavery and dependence on China for our survival and other needs, a country that has always betrayed us, supporting our enemy nation Pakistan and its terrorists in their attempts to kill our civilians and soldiers. China fosters and promotes naxalism in India.  Never supported Bharat on a global scale, but instead opposed and participated in terrorising our people.  They never consider regions of the Northeast and Kashmir to be part of Bharat.  Nonetheless, the regulations and institutions established by our previous governments produced tough situations and actually mental anguish for anyone wishing to start a manufacturing or service sector, keeping our economy significantly weaker than China’s.  Thanks to the tenacity and determination of our pioneers such as Tata, Ambani, Adani, Mahindra, and many more, who instilled pride and faith in Bharatiya about our capabilities even under tough circumstances.

The situation is changing, and more of these products are being encouraged to be produced in-house and promoted with strong emotional linkages to “Make in India” products.  People’s patriotic feelings and pride in Bharatatva have increased, as has their resentment toward adversary nations China and Pakistan.  The better the bond between buyer and seller of Bharatiya-made products, the stronger the economy will be year after year, resulting in more jobs.  This will essentially make us net exporters. The changing global dynamics will see Bharat play a larger role on the economic front in the coming years, in addition to spiritual and holistic growth oriented approaches for the benefit of all and balancing and nurturing the environment. The current government’s pro-business policies, as well as skilled and knowledgeable workforce, will strengthen each sector and propel the economy to new heights in order to compete with China. Simultaneously, Prime Minister Narendra Modi launched the “Aatmanirbhar Bharat” (Self-Reliant India) program by announcing “Vocal for Local.”  We are now heading in the correct path toward India’s self-sufficiency by assisting in the in-house manufacturing of various products.

Though our journey to self-reliance in Bharat is bearing fruit thanks to remarkable measures by the central government and a few states, resulting in increased exports, expanding manufacturing, and service activities, we still have a larger market internally and a larger worldwide market awaits us.  Central government initiatives require the backing of all states, bureaucracy, enterprises, industrialists, researchers, scientists, and society as a whole.

Working on these topics will assist preserve the environment and prevent damage

Bharat, one of the world’s fastest growing economies, is at a crossroads.  On the one hand, there is an urgent need for economic growth, as millions of people rely on development to improve their level of living.  On the other hand, there is a pressing need to address environmental issues like pollution, climate change, and resource depletion. Environmental issues in India are escalating at an alarming pace. The environmental issues are profound and extensive, ranging from suffocating urban air pollution to widespread water contamination and increased soil erosion.

These challenges not only imperil millions of Bharatiyas health and livelihoods, but they also impede long-term development and economic growth. They exacerbate income and social inequality, causing people to relocate from rural areas to cities at a rapid pace. This exacerbates challenges in cities that lack the necessary infrastructure to accommodate growth. Bharat has very high greenhouse gas emissions and is vulnerable to natural calamities and extreme weather events. Its population and economic growth both contributed to environmental degradation.  The various governments, society at large, and citizens should take more decisive action to address environmental challenges.

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विकसित भारत के लिए हर राज्य बनाएं एक्सप्रेसवे इकॉनमी https://visionviksitbharat.com/every-state-must-build-an-expressway-economy-for-viksit-bharat/ https://visionviksitbharat.com/every-state-must-build-an-expressway-economy-for-viksit-bharat/#respond Wed, 13 May 2026 17:37:09 +0000 https://visionviksitbharat.com/?p=2229 बीते महीने देश के प्रधानमंत्री श्री नरेंद्र मोदी ने गंगा एक्सप्रेसवे का उद्घाटन किया। तकरीबन 36,230 करोड़ रुपये की लागत से निर्मित 594 किलोमीटर लम्बे इस छह-लेन एक्सप्रेसवे से मेरठ…

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बीते महीने देश के प्रधानमंत्री श्री नरेंद्र मोदी ने गंगा एक्सप्रेसवे का उद्घाटन किया। तकरीबन 36,230 करोड़ रुपये की लागत से निर्मित 594 किलोमीटर लम्बे इस छह-लेन एक्सप्रेसवे से मेरठ से प्रयागराज की यात्रा, जो कभी 10-12 घंटे में पूरी होती थी अब घटकर लगभग 6 घंटे हो गयी है। लेकिन यह परियोजना केवल यात्रा समय कम करने तक सीमित नहीं है। इसका वास्तविक महत्व इससे कहीं अधिक व्यापक है। इससे माल परिवहन की लागत घटेगी, आपूर्ति शृंखला तेज होगी, और इससे जुड़े इलाकों में औद्योगिक कॉरिडोर निर्माण से स्थानीय विकास और रोजगार के अवसर बढ़ेंगे। एक फायदा यह भी होगा कि किसानों को अपने उत्पाद बड़े शहरों और निर्यात बाजारों तक शीघ्र पहुंचाने का अवसर मिलेगा। अर्थात, यूपी जैसे विशाल राज्य के लिए यह एक महत्वपूर्ण ‘सप्लाई-साइड ट्रांसफॉर्मेशन’ है। लेकिन इसके बावजूद ऐसी बड़ी परियोजनाओं को लेकर कई स्वाभाविक और गंभीर प्रश्न उठते रहते हैं। पहला सवाल इसकी बड़ी लागत और उससे मिलने वाले संभावित आर्थिक प्रतिफल का है। दूसरा प्रश्न यह है कि आखिर एक्सप्रेसवे अर्थव्यवस्था में बदलता क्या है? और तीसरा प्रश्न कि राज्यों को इसकी आवश्यकता क्यों है?

इन सवालों के जवाब के जवाब के लिए हमें अमेरिका की हाईवे निति को समझना होगा। जब 1956 में अमेरिकी राष्ट्रपति ड्वाइट आइजनहावर ने ‘इंटरस्टेट हाईवे एक्ट’ पर हस्ताक्षर किए, तब कई आलोचकों ने इसे ‘कंक्रीट पर फिजूलखर्ची’ कहकर खारिज कर दिया था। लेकिन महज एक दशक के भीतर तकरीबन 65,000 किमी लंबे उस राजमार्ग नेटवर्क ने अमेरिकी अर्थव्यवस्था की तस्वीर बदल दी। इस परियोजना ने अपने निवेश की लागत से दोगुना अधिक आर्थिक योगदान दिया था। आज भी यह बात कही जाती है कि अमेरिका महाशक्ति इसलिए नहीं बना कि उसके पास विशाल उद्योग थे, बल्कि इसलिए बना क्योंकि उसके पास उन उद्योगों, शहरों और बाजारों को जोड़ने वाला विश्वस्तरीय हाईवे नेटवर्क था।

क्यों जरुरी है ‘तेज आपूर्ति शृंखला’?

आर्थिकी के अध्यन में धीमी सड़कों को एक अदृश्य टैक्स (फ्रिक्शन कॉस्ट) की तरह देखा जाता है। यह वह लागत है, जो उत्पादन और उपभोग के बीच की दूरी तय करने में लगती है; यानी किसी वस्तु को कारखाने, खेत या गोदाम से उपभोक्ता तक पहुंचाने की कीमत। दशकों तक भारत इसी फ्रिक्शन के महंगे बोझ तले दबा रहा। एक समय में देश की लॉजिस्टिक्स कॉस्ट जीडीपी के 13-14 प्रतिशत तक पहुंच गई थी, जो अमेरिका और यूरोप की तुलना में लगभग दोगुनी थी। इसका सीधा अर्थ था कि हर 100 रुपये के माल में 13-14 रुपये केवल परिवहन, भंडारण और सप्लाई चेन की अक्षमताओं में खर्च हो रहे थे।

लेकिन मोदी सरकार ने इस स्थिति को बदल दिया है। कभी भारत में राष्ट्रीय राजमार्ग निर्माण की रफ्तार बेहद धीमी थी। वर्ष 2013-14 में राष्ट्रीय राजमार्गों का निर्माण औसतन करीब 12 किलोमीटर प्रतिदिन हो रहा था। आज यह गति बढ़कर लगभग 34-37 किलोमीटर प्रतिदिन के स्तर तक पहुंच चुकी है। इस परिवर्तन के केंद्र में ‘भारतमला’ जैसी महत्वाकांक्षी परियोजना है। वर्ष 2017 में शुरू की गई लगभग 5.35 लाख करोड़ रुपये की इस महायोजना के तहत 34,800 किलोमीटर लंबे सड़क नेटवर्क का निर्माण हो रहा है जो देश के प्रमुख आर्थिक गलियारों, औद्योगिक केंद्रों, सीमावर्ती क्षेत्रों और बंदरगाहों को जोड़ रहा है।

सड़कों के साथ-साथ रेल आधारित माल परिवहन में भी भारत ने बड़ा कदम उठाया है। ‘डेडिकेटेड फ्रेट कॉरिडोर’ ने देश की सप्लाई चेन को नई ताकत दी है। इन कॉरिडोरों पर मालगाड़ियों की यात्रा अवधि में भारी कमी आई है, जहां पहले माल ढुलाई में 60 घंटे या उससे अधिक लगते थे, वहीं अब यह समय घटकर लगभग 35-38 घंटे तक आ गया है। इसके साथ पीएम गतिशक्ति और सागरमाला जैसी पहलें बंदरगाहों, औद्योगिक केंद्रों और आंतरिक बाजारों के बीच बेहतर तालमेल बना रही हैं। नतीजतन वर्तमान में भारत की लॉजिस्टिक्स कॉस्ट घटकर लगभग 7.97 प्रतिशत तक आ गई है। यह निश्चित रूप से एक बड़ा सुधार है।

सड़क और उद्योग का सम्बन्ध

‘इन्फ्रास्ट्रक्चर इकोनॉमिक्स’ में व्यापक रूप से स्थापित सिद्धांत है कि जहां उच्च गुणवत्ता वाला परिवहन गलियारा बनता है, उसके आसपास आर्थिक गतिविधयां स्वतः आकार लेने लगती हैं। आमतौर पर देखा गया है कि किसी बड़े हाई-क्वालिटी कॉरिडोर के 30 से 50 किलोमीटर के दायरे में धीरे-धीरे इंडस्ट्रियल क्लस्टर्स विकसित होने लगते हैं, जिनमें विभिन्न तरह के उपक्रम स्थापित होते हैं। इस प्रक्रिया को अर्थशास्त्र में ‘एग्लोमरेशन इकोनॉमीज’ कहा जाता है। यह सिद्धांत कहता है कि जब कई फर्म्स एक-दूसरे के निकट स्थापित होते हैं, तो वे साझा संसाधनों, प्रशिक्षित श्रमबल और ज्ञान के आदान-प्रदान से सामूहिक लाभ पाते हैं। इससे उत्पादन लागत घटती है, दक्षता बढ़ती है और नवाचार की गति तेज होती है। यही कारण है कि एक उद्योग के आने के बाद दूसरा उद्योग आता है, फिर तीसरा और देखते ही देखते एक पूरा इंडस्ट्रियल इकोसिस्टम विकसित हो जाता है।

इसके अतिरिक्त आधुनिक अर्थव्यवस्था में माल का प्रवाह ही पूंजी का प्रवाह है। किसी वस्तु का एक स्थान से दूसरे स्थान तक तेजी से पहुंचाना केवल व्यापारिक सुविधा नहीं, बल्कि आर्थिक दक्षता का मूल आधार है। उदाहरण के लिए, वाराणसी का एक उद्यमी जो बनारसी साड़ी बनाकर कोलकाता के बाजार में बेचना चाहता है, उसके लिए परिवहन में लगने वाला हर अतिरिक्त दिन उसकी वर्किंग कैपिटल पर पड़ने वाला अनचाहा ब्याज है। माल रास्ते में जितना अधिक समय बिताएगा, पूंजी उतने ही लंबे समय तक फंसी रहेगी। लेकिन यदि वही डिलीवरी साइकिल कम हो जाए तो तस्वीर बदल जाती है। इसका सीधा अर्थ है कि वही उद्यमी एक अतिरिक्त खेप बाजार तक पहुंचा सकता है। अब सोचिए जब यह लाभ हजारों उद्यमों और लाखों कारोबारियों तक पहुंचता है, तब यह केवल व्यक्तिगत लाभ नहीं रहता बल्कि एक पूरे क्षेत्र की रीजनल प्रोडक्टिविटी को नई उंचाई देता है। उदाहरण के लिए वर्ष 1999 में स्वर्ण चतुर्भुज परियोजना शुरू हुई थी, जिसने दिल्ली, मुंबई, चेन्नई और कोलकाता को आधुनिक राजमार्ग नेटवर्क से जोड़ा था। आज इस नेटवर्क से जुड़े जिलों में औद्योगिक उत्पादन में लगभग 49 प्रतिशत की वृद्धि और नए उद्यमों की संख्या लगभग दोगुनी हो गई है।

दुनिया के अनुभव भी इसी दिशा की पुष्टि करते हैं। चीन ने जब अपना विशाल एक्सप्रेसवे नेटवर्क विकसित किया, तो उसका सबसे बड़ा लाभ उन क्षेत्रों को मिला, जो पहले मुख्य आर्थिक धारा से कटे हुए थे। उदाहरण के लिए, हेनान, आनहुई, हुबेई और सिचुआन जैसे प्रांत जो कभी चीन के तटीय औद्योगिक क्षेत्रों की तुलना में अपेक्षाकृत पिछड़े माने जाते थे, बेहतर कनेक्टिविटी मिलने के बाद तेजी से उभरे। आर्थिक शोध बताते हैं कि इन्फ्रास्ट्रक्चर पर निवेश का प्रतिफल, विशेषकर पिछड़े क्षेत्रों में, कहीं अधिक बड़ा और व्यापक होता है। अर्थशास्त्री अल्फ्रेड मार्शल कहते थे कि अर्थव्यवस्था की सबसे बड़ी शक्ति ‘फ्रिक्शन’ को कम करने में है। आज यूपी के तर्ज पर अन्य राज्यों को भी तेज कनेक्टिविटी पर काम करना चाहिए। क्योंकि भारत के 5 ट्रिलियन डॉलर की अर्थव्यवस्था बनने की राह में सिर्फ यूपी ही नहीं बल्कि हर राज्य कि भूमिका निर्णायक है। केंद्र के साथ समनव्य में राज्यों को ऐसे प्रोजेक्ट पर काम करना चाहिए जो देश में आर्थिक गतिविधियों को तेज करें।

राज्य बनाएं एक्सप्रेस इकोनॉमी का मॉडल

गंगा एक्सप्रेसवे पर लगभग 36,230 करोड़ रुपये का निवेश केवल एक सड़क परियोजना पर हुआ खर्च नहीं है, बल्कि यह राज्य की आर्थिक दिशा तय करने वाली एक बड़ी वित्तीय प्रतिबद्धता है। ऐसे में यह सवाल स्वाभाविक है कि क्या इतने बड़े निवेश का प्रतिफल भी उतना ही बड़ा होगा। इसका उत्तर केवल सड़क की लंबाई, लेन की चौड़ाई या यात्रा समय में कमी से नहीं मिलता; इसका उत्तर इस बात में छिपा है कि राज्य इस इन्फ्रास्ट्रक्चर को किस हद तक आर्थिक गतिविधियों में बदल पाता है। आर्थिक इतिहास बताता है कि सड़कें अपने आप विकास नहीं लातीं, बल्कि वे विकास के लिए मंच तैयार करती हैं। अमेरिका में इंटरस्टेट हाईवे सिस्टम के बाद जो आर्थिक उछाल आया, उसके पीछे केवल चौड़ी सड़कें नहीं थीं; उसके साथ अर्बन जोनिंग रिफॉर्म्स, मजबूत इंडस्ट्रियल पॉलिसी और निजी निवेश को प्रोत्साहित करने वाला सक्षम इन्वेस्टमेंट इकोसिस्टम भी था। इसी तरह चीन के एक्सप्रेसवे नेटवर्क ने इसलिए असाधारण परिणाम दिए, क्योंकि वहां एक मजबूत मैन्युफैक्चरिंग बेस पहले से मौजूद था।

इसलिए किसी भी बड़ी परियोजना की सफलता का सबसे महत्वपूर्ण पैमाना ‘स्टेट कैपेसिटी’ है, यानी राज्य की वह क्षमता, जो किसी बड़े इन्फ्रास्ट्रक्चर निवेश को उद्योग, निवेश और रोजगार में बदल सके। उदाहरण के लिए यूपी में सरकार पूर्वांचल, बुंदेलखंड और गंगा एक्सप्रेसवे के किनारे इंडस्ट्रियल टाउनशिप्स, लॉजिस्टिक्स पार्क्स, वेयरहाउसिंग क्लस्टर्स और लिंक हाईवे नेटवर्क पर तेजी से काम कर रही है। राज्य का लक्ष्य इसे केवल सड़क बनाना नहीं, बल्कि आर्थिक गलियारे में बदलना है।
इसलिए अन्य राज्यों को भी यदि सचमुच परिवर्तनकारी मॉडल बनाना है, तो कुछ स्पष्ट नीतिगत कदम उठाने होंगे। पहली जरूरत लैंड एक्विजिशन रिफॉर्म की है। भूमि अधिग्रहण को केवल मुआवजे का विषय न मानकर ‘प्री-एम्प्टिव लैंड बैंकिंग’ और किसानों को दीर्घकालिक लाभ में हिस्सेदारी देने वाले मॉडल से जोड़ा जाना चाहिए, ताकि वे विकास के साझेदार बनें। दूसरी जरूरत इंडस्ट्रियल कॉरिडोर प्लानिंग की है। एक्सप्रेसवे के किनारे उद्योग अपने आप नहीं आते; उनके लिए स्पष्ट इन्वेस्टमेंट रोडमैप, बिजली-पानी जैसी आधारभूत सुविधाएं , नियामकीय सरलता और तेज प्रशासनिक मंजूरियां सुनिश्चित करनी होंगी। तीसरा और सबसे महत्वपूर्ण कदम ‘मल्टीमॉडल इंटीग्रेशन’ का है। आधुनिक अर्थव्यवस्था में सड़क, रेल, जलमार्ग और वायु परिवहन का एकीकृत नेटवर्क ही वास्तविक लॉजिस्टिक्स एफिशिएंसी पैदा करता है। देशभर में बन रहे मल्टीमॉडल लॉजिस्टिक्स पार्क्स इसी दिशा में एक महत्वपूर्ण पहल हैं, जिन्हें राज्यों की आर्थिक रणनीति का केंद्र बनाना चाहिए। तभी सड़कें सचमुच समृद्धि की राह बन सकेंगी।

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India’s Steel Transformation: Growth, Green Transition and Global Competitiveness https://visionviksitbharat.com/technological-sovereignty-and-indias-defence-transformation/ https://visionviksitbharat.com/technological-sovereignty-and-indias-defence-transformation/#respond Tue, 12 May 2026 08:56:40 +0000 https://visionviksitbharat.com/?p=2208 Steel has historically served as the foundational material of industrial civilisation. From transport networks and urban infrastructure to strategic manufacturing and defence production, no major economy has achieved industrial power…

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Steel has historically served as the foundational material of industrial civilisation. From transport networks and urban infrastructure to strategic manufacturing and defence production, no major economy has achieved industrial power without a robust domestic steel ecosystem. In the twenty-first century, steel is not merely an industrial commodity; it has emerged as a strategic resource linked directly with economic sovereignty, infrastructure capacity, manufacturing competitiveness, energy transition, and national security.

India’s steel sector is now witnessing one of the most consequential transformations in its post-liberalisation history. The country’s rise as the world’s second-largest steel producer and second-largest steel consumer reflects a structural shift in the Indian economy driven by infrastructure expansion, industrial growth, urbanisation, and strategic policy reforms. Simultaneously, India’s efforts to reduce import dependency, expand specialty steel manufacturing, secure raw material supply chains, and transition towards green steel production indicate the emergence of a new industrial paradigm aligned with the vision of Viksit Bharat 2047.

The evolution of the sector also demonstrates how industrial policy, trade strategy, logistics reform, climate commitments, and technological innovation are converging to build a self-reliant and globally competitive steel ecosystem.

Steel as the Foundation of India’s Economic Transformation

The steel industry occupies a central position in the architecture of modern economic development. Every major industrial sector — infrastructure, construction, railways, shipping, defence, automotive manufacturing, renewable energy, engineering, and urban development — depends heavily on steel availability and pricing stability.

According to the World Steel Association, India has retained its position as the world’s second-largest crude steel producer since 2018. India’s share in global crude steel production has increased from approximately 5.2 percent in 2014 to nearly 7.9 percent in 2024, signalling the country’s expanding role in global industrial supply chains.

India’s finished steel consumption has simultaneously risen from nearly 77 million tonnes in 2014–15 to around 163.7 million tonnes in 2025–26. This extraordinary growth reflects the scale of India’s infrastructure expansion, urban transformation, industrial manufacturing, transport modernisation, and housing demand.

The steel sector’s growth trajectory is closely linked to flagship initiatives such as the National Infrastructure Pipeline, PM GatiShakti, Bharatmala, Sagarmala, Dedicated Freight Corridors, Smart Cities Mission, renewable energy infrastructure, industrial corridors, and defence manufacturing expansion.

The sector is therefore not merely supporting economic growth; it is actively shaping the structural transformation of the Indian economy.

India’s Rise as a Global Steel Power

India’s emergence as a major steel-producing nation represents a significant shift in the global industrial balance. Traditionally dominated by China, Japan, the United States, and European economies, the global steel industry is now witnessing the steady rise of India as a long-term manufacturing power.

India’s crude steel production increased from approximately 89 million tonnes in 2014–15 to 168.4 million tonnes in FY 2025–26. The sector recorded a compounded annual growth rate of nearly 9 percent between FY 2021–22 and FY 2025–26, reflecting strong domestic demand and expanding production capacities.

The rise in finished steel production from 123.2 million tonnes in FY 2022–23 to 160.9 million tonnes in FY 2025–26 further illustrates the acceleration of industrial output. Simultaneously, finished steel consumption touched 163.7 million tonnes, indicating sustained domestic market expansion.

This growth has been supported by broad-based performance across core segments such as hot metal, pig iron, and sponge iron production. Sponge iron output, in particular, has emerged as a strategic advantage for India because the country remains among the world’s leading producers of Direct Reduced Iron (DRI), supported by domestic iron ore resources and expanding secondary steel capacity.

According to assessments by the International Energy Agency, India is expected to account for a substantial share of future global steel demand growth over the next two decades, driven primarily by infrastructure and urbanisation requirements.

Strategic Importance of Steel Self-Reliance

Steel self-reliance has now become a strategic national priority. Global supply chain disruptions during the pandemic, geopolitical instability, trade restrictions, commodity price volatility, and energy crises exposed the vulnerabilities associated with excessive import dependence in critical industrial sectors.

India’s policy direction under Atmanirbhar Bharat seeks to reduce these vulnerabilities by strengthening domestic production capabilities across the steel value chain. The strategic logic is multidimensional.

First, domestic steel capacity ensures uninterrupted infrastructure development and industrial production. Second, it strengthens India’s manufacturing competitiveness by reducing exposure to global price shocks. Third, a strong domestic steel ecosystem supports defence manufacturing, railway expansion, shipbuilding, renewable energy infrastructure, and strategic industrial projects. Fourth, reduced import dependence improves trade balance stability and foreign exchange resilience.

India’s ambition to achieve 500 million tonnes of steel production capacity by 2047 reflects the scale of industrial planning associated with long-term economic transformation.

Trade Competitiveness and Export Expansion

India’s steel trade performance demonstrates the growing competitiveness of domestic producers in global markets.

Steel exports recorded strong growth in FY 2025–26 while imports declined sharply, indicating enhanced domestic capacity and improved industrial competitiveness. Exports of finished steel rose significantly, while imports witnessed a major contraction of nearly 46 percent during the same period.

Countries such as Vietnam, Belgium, and Taiwan emerged among the leading destinations for Indian steel exports, together accounting for a major share of outbound shipments. This trend reflects several structural advantages emerging within the Indian steel industry.

Competitive labour costs, expanding domestic raw material availability, improving logistics infrastructure, policy support mechanisms, and technology upgrades are collectively enhancing India’s export potential.

According to the Organisation for Economic Co-operation and Development, global steel markets are expected to witness strategic realignment in the coming years due to decarbonisation pressures, carbon border adjustment mechanisms, and supply chain diversification. India’s growing production base positions it advantageously within this changing industrial environment.

Industrial Policy and the Production Linked Incentive Framework

The Production Linked Incentive (PLI) scheme for specialty steel represents one of the most important industrial policy interventions in India’s steel sector. The specialty steel segment is strategically significant because it supports advanced sectors such as defence, automotive manufacturing, aerospace, electrical equipment, renewable energy systems, railways, and strategic infrastructure.

Launched with a financial outlay of ₹6,322 crore, the PLI framework seeks to strengthen domestic manufacturing capabilities in high-value steel products while reducing dependence on imports. The results achieved so far are substantial.

Investments worth over ₹23,000 crore have already materialised under the scheme, generating nearly 2.4 million tonnes of specialty steel output and creating more than 13,000 direct jobs. Additionally, the establishment of approximately 24 million tonnes of specialty steel capacity demonstrates the scale of industrial expansion underway.

The recently announced PLI 1.2 phase, involving 85 projects across 55 companies with proposed investments exceeding ₹11,800 crore, further strengthens India’s ambition to move up the steel value chain. According to policy experts at the NITI Aayog, specialty steel manufacturing will be critical for India’s transition from commodity-driven industrialisation to technology-intensive manufacturing competitiveness.

Logistics, Infrastructure and Steel Corridors

The competitiveness of the steel sector is increasingly dependent on logistics efficiency and multimodal connectivity. Recognising this reality, the government has prioritised the development of integrated steel zones across major industrial corridors including Kalinganagar, Angul, Rourkela, Jharsuguda, Bhilai, Bokaro, Jamshedpur, Durgapur, Vizag, and Nagarnar.

The integration of more than 2,100 steel units onto the PM GatiShakti digital platform marks a major advancement in data-driven industrial planning. The use of geospatial infrastructure planning improves coordination between railways, ports, highways, industrial zones, and logistics networks.

This approach significantly reduces transportation bottlenecks, lowers logistics costs, and improves supply chain efficiency — factors that are crucial for maintaining global competitiveness in steel exports. The strategic importance of logistics reform is particularly significant because transportation costs account for a substantial proportion of steel pricing structures.

Raw Material Security and Import Reduction

One of the most important dimensions of India’s steel policy is securing long-term raw material availability. India’s heavy dependence on imported coking coal has historically represented a structural vulnerability for the steel industry. The National Steel Policy aims to reduce coking coal import dependence from nearly 85 percent to around 65 percent by 2030–31.

The launch of Mission Coking Coal by the Ministry of Coal seeks to increase domestic coking coal production to approximately 140 million tonnes by FY 2029–30. Similarly, reforms such as reduced customs duties on ferro nickel and molybdenum ores, the Steel Scrap Recycling Policy, safeguard duties on select steel imports, and strengthened Steel Quality Control Orders collectively support domestic industrial resilience.

The “Melt and Pour” rule further reinforces self-reliance by ensuring that steel designated as domestically manufactured undergoes the complete production process within India. These measures collectively strengthen industrial sovereignty while supporting domestic producers against unfair trade practices and dumping pressures.

Green Steel and India’s Decarbonisation Imperative

Perhaps the most transformative aspect of India’s steel policy is the transition towards green steel production. The steel sector globally contributes nearly 7–8 percent of total carbon dioxide emissions, according to the International Energy Agency. Therefore, decarbonising steel production is essential for achieving global climate targets under the United Nations Framework Convention on Climate Change and the Paris Agreement.

India’s commitment to achieving net-zero emissions by 2070 has accelerated policy attention towards low-carbon steel manufacturing pathways. In 2024, India became the first country to formally introduce a Green Steel Taxonomy defining emission thresholds for green steel certification. Steel produced with emission intensity below 2.2 tonnes of CO₂ equivalent per tonne of finished steel qualifies under this framework.

This policy innovation positions India among the global leaders in institutionalising industrial decarbonisation standards. As of March 2026, nearly 89 steel units covering more than 12 million tonnes of production had already received green steel certification.

Hydrogen, Carbon Capture and the Future of Steelmaking

India’s long-term steel decarbonisation strategy increasingly focuses on green hydrogen, renewable energy integration, and carbon capture technologies. The use of green hydrogen in Direct Reduced Iron and blast furnace operations has the potential to significantly reduce coal dependence and carbon intensity. Under the National Green Hydrogen Mission, pilot projects are already underway for hydrogen-based steelmaking applications.

Simultaneously, the Union Budget 2026–27 allocated ₹20,000 crore towards Carbon Capture, Utilisation and Storage (CCUS) technologies across hard-to-abate sectors including steel. According to the World Economic Forum, green steel technologies will become central to future industrial competitiveness because international markets are increasingly adopting carbon-sensitive trade frameworks. India’s proactive investments in decarbonisation technologies therefore carry both environmental and economic significance.

Artificial Intelligence and Industry 4.0 in Steel Manufacturing

The integration of artificial intelligence and advanced digital technologies is transforming the operational architecture of the steel industry. India’s newly launched AI in Steel Pavilion reflects a strategic shift towards Industry 4.0-enabled manufacturing ecosystems. The platform connects steel producers with AI solution providers, technology firms, research institutions, and start-ups to address operational challenges across mining, logistics, production, safety, sustainability, and quality control.

Globally, AI-driven predictive maintenance, smart energy optimisation, digital twins, autonomous operations, and advanced analytics are becoming central to modern steel manufacturing competitiveness. India’s adoption of AI-based industrial systems will therefore play a critical role in improving productivity, reducing waste, optimising energy consumption, and strengthening export competitiveness.

Challenges Before the Sector

Despite substantial progress, important structural challenges remain. India continues to face high dependence on imported coking coal, rising energy costs, environmental compliance pressures, global price volatility, and technological gaps in advanced steel production.

Decarbonisation pathways also involve major capital expenditure requirements that may create financial pressures for smaller producers. Additionally, global trade barriers linked to carbon emissions could impact export competitiveness unless Indian steel producers accelerate green transitions. The sector must therefore balance three simultaneous priorities: production expansion, international competitiveness, and environmental sustainability.

This requires coordinated policy interventions involving finance, trade, energy, logistics, research, technology transfer, and workforce reskilling. India’s steel sector is undergoing a historic transformation from a traditional heavy industry into a technologically advanced, strategically significant, and environmentally conscious industrial ecosystem.

The rise in production capacity, expanding domestic demand, increasing exports, specialty steel manufacturing growth, logistics modernisation, and green steel initiatives collectively indicate the emergence of a more resilient and self-reliant industrial architecture. Steel is no longer merely a commodity sector; it is becoming a strategic pillar of India’s economic sovereignty, infrastructure expansion, manufacturing competitiveness, and climate transition.

As India advances towards the vision of Viksit Bharat 2047, the steel sector will remain central to the country’s industrial ambitions. The ability to integrate self-reliance, technological innovation, green manufacturing, and global competitiveness will determine whether India can emerge not only as a leading steel producer, but as a defining industrial power of the twenty-first century.

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Scaling Apprenticeships in India’s MSME Ecosystem https://visionviksitbharat.com/scaling-apprenticeships-in-indias-msme-ecosystem/ https://visionviksitbharat.com/scaling-apprenticeships-in-indias-msme-ecosystem/#respond Sun, 03 May 2026 11:34:20 +0000 https://visionviksitbharat.com/?p=2117 India stands at a critical inflection point in its workforce transformation journey. With over 65% of its population in the working-age group and nearly 12 million youth entering the labour…

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India stands at a critical inflection point in its workforce transformation journey. With over 65% of its population in the working-age group and nearly 12 million youth entering the labour market annually, the challenge is no longer just job creation, but job-readiness. Apprenticeships, long recognized globally as a bridge between education and employability, are emerging as a central pillar in India’s skilling architecture. The recent consultative push by the Ministry of Skill Development and Entrepreneurship (MSDE) to scale apprenticeship adoption within Micro, Small and Medium Enterprises (MSMEs) reflects a strategic shift from policy formulation to execution at scale.

Apprenticeships and the Structural Challenge of Employability

India’s skilling paradox is well documented. According to estimates by NITI Aayog and the International Labour Organization, only about 4–5% of India’s workforce has received formal skill training, compared to 50–75% in countries like Germany and South Korea. Simultaneously, industry reports suggest that less than 50% of graduates are immediately employable in high-productivity sectors.

This disconnect stems from a weak linkage between formal education and industry needs. Apprenticeships offer a practical solution by embedding “learning by doing” within real work environments. Countries with strong apprenticeship ecosystems, such as Germany’s dual system, demonstrate significantly lower youth unemployment rates and higher productivity outcomes.

MSMEs: The Missing Link in India’s Apprenticeship Expansion

India’s MSME sector contributes nearly 30% to GDP and employs over 110 million people, making it the backbone of the economy. Yet, its participation in apprenticeship programs remains disproportionately low. While schemes like the National Apprenticeship Promotion Scheme (NAPS) have expanded the overall apprenticeship base, engagement is still concentrated among large enterprises.

This imbalance is not accidental. Research from the Observer Research Foundation and World Bank highlights several structural barriers:

  1. Compliance Complexity: MSMEs often lack dedicated HR or compliance teams to navigate apprenticeship regulations.
  2. Low Awareness: Many small enterprises remain unaware of incentives, subsidies, and simplified processes.
  3. Perceived Cost Burden: Despite government stipends, MSMEs view apprenticeships as an additional financial and administrative responsibility.
  4. Informality of Operations: A large proportion of MSMEs operate in semi-formal or informal settings, making structured training integration challenging.

The recent MSDE consultations rightly identify that without integrating MSMEs into the apprenticeship ecosystem, India cannot achieve scale.

Policy Innovation: From Fragmentation to Cluster-Based Models

One of the most promising approaches discussed is the adoption of Group Training Organizations (GTOs), a model successfully implemented in countries like Australia. Under this framework, a central entity manages recruitment, training, and compliance, while multiple MSMEs share apprentices.

This cluster-based approach aligns well with India’s industrial geography, where MSMEs often operate in localized clusters such as textiles in Tiruppur, auto components in Pune, or handicrafts in Moradabad. By reducing administrative burden and enabling shared resources, GTOs can significantly lower entry barriers.

Similarly, integrating apprenticeship pathways with higher education through programs like Apprenticeship Embedded Degree Programmes (AEDPs) and Work-Integrated Learning Programmes (WILPs) addresses another structural gap. According to the All India Council for Technical Education, industry-integrated degree models can improve employability outcomes by up to 30–40% compared to traditional classroom-based education.

Inclusion, Equity and the Future of Work

A notable dimension of the policy push is its emphasis on inclusion. Expanding apprenticeship opportunities for women, Persons with Disabilities (PwDs), and marginalized communities is not merely a social objective but an economic necessity. The International Monetary Fund estimates that increasing female labour force participation alone could add significant percentage points to India’s GDP.

Digital and virtual apprenticeships, also discussed in the consultations, open new avenues for inclusion, especially in remote and underserved regions. Hybrid models combining online theoretical training with localized practical exposure can democratize access to skill development.

Strategic Policy Recommendations

To translate intent into impact, India’s apprenticeship strategy must move along five key policy axes:

1. Regulatory Simplification and Digital Integration: A single-window digital platform integrating registration, compliance, and monitoring can reduce friction for MSMEs. The success of platforms like Udyam Registration demonstrates the power of simplified digital governance.

2. Financial Incentivization and Risk-Sharing: Enhanced stipend support, tax incentives, and social security coverage for apprentices can make participation economically viable for MSMEs. Public-private cost-sharing models should be expanded.

3. Sector-Specific Skill Councils and Industry Ownership: Greater involvement of Sector Skill Councils in designing apprenticeship curricula can ensure alignment with evolving industry needs, particularly in emerging sectors like green energy, semiconductors, and AI.

4. Awareness and Behavioral Change Campaigns: Large-scale outreach through industry associations such as Confederation of Indian Industry and Federation of Indian Chambers of Commerce and Industry is essential to shift perceptions and build trust among MSMEs.

5. Data-Driven Monitoring and Outcome Measurement: Robust data systems must track not just enrollment, but completion rates, employment outcomes, and wage progression. This will ensure accountability and continuous policy refinement.

India’s aspiration to become a developed nation by 2047, often articulated as the Viksit Bharat vision, hinges on its ability to transform demographic potential into productive capability. Apprenticeships offer a scalable, market-aligned, and inclusive pathway to achieve this transformation.

The recent policy momentum led by MSDE signals a recognition that the next phase of India’s skilling journey must move beyond schemes to systems, beyond intent to implementation. By placing MSMEs at the center of this transformation, India is not only addressing its employment challenge but also strengthening the competitiveness of its industrial base.

If executed effectively, this shift could mark the transition from a degree-driven economy to a skill-driven one, where learning and earning are not sequential, but simultaneous.

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SVAMITVA at Five: Building a Self-Reliant Rural India https://visionviksitbharat.com/svamitva-at-five-building-a-self-reliant-rural-india/ https://visionviksitbharat.com/svamitva-at-five-building-a-self-reliant-rural-india/#respond Mon, 28 Apr 2025 20:00:09 +0000 https://visionviksitbharat.com/?p=1674 On January 18, 2025, the landmark achievement of distributing 65 lakh SVAMITVA property cards in 10 states and 2 Union Territories further reinforced the scheme’s nationwide impact.   Five years…

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On January 18, 2025, the landmark achievement of distributing 65 lakh SVAMITVA property cards in 10 states and 2 Union Territories further reinforced the scheme’s nationwide impact.

 

Five years ago, a quiet revolution began in India’s villages—one that promised legal ownership, economic empowerment, and dispute-free living for millions. Launched on April 24, 2020, the SVAMITVA (Survey of Villages and Mapping with Improvised Technology in Village Areas) Scheme set out to reshape rural land governance. Today, as SVAMITVA celebrates its fifth anniversary, it stands as a symbol of India’s commitment to making its villages self-reliant and prosperous.

Endorsed by Prime Minister Narendra Modi as pivotal to India’s vision of self-reliant villages and communities, SVAMITVA leverages cutting-edge drone technology and digital tools to grant rural households official property ownership. In doing so, it enables access to credit, fosters economic development, and strengthens grassroots governance.

SVAMITVA: Transforming Vision Into Reality

Implemented by the Ministry of Panchayati Raj with support from the Survey of India and NICSI (National Informatics Centre Services Inc.), SVAMITVA has proven transformative. With a sanctioned budget of ₹566.23 crores from FY 2020-21 to FY 2024-25—and extended through FY 2025-26—the scheme represents a major policy effort to secure the property rights of rural India.

Key achievements so far include:

  • Completion of drone surveys across 3.20 lakh villages, covering an area of over 68,122 square kilometers.
  • Issuance of more than 2.42 crore property cards across 1.61 lakh villages.
  • Full survey coverage achieved in Union Territories like Lakshadweep, Ladakh, and Delhi, and states including Andhra Pradesh, Madhya Pradesh, Uttar Pradesh, and Chhattisgarh.
  • Signing of Memorandums of Understanding (MoUs) with 31 States and Union Territories.

On January 18, 2025, the landmark achievement of distributing 65 lakh SVAMITVA property cards in 10 states and 2 Union Territories further reinforced the scheme’s nationwide impact.

Addressing a Historical Gap: The Need for SVAMITVA

For decades, large sections of rural India operated without formal land records. This absence hindered economic advancement, limited access to institutional credit, and fueled frequent land disputes. SVAMITVA was designed to bridge this historical gap by providing villagers with legal proof of ownership through advanced surveying technologies.

By issuing property cards, SVAMITVA transforms land into a tangible, bankable asset. Villagers can now leverage their homes and lands for credit, invest in their futures, and participate more fully in India’s economic life.

Components Driving the Success of SVAMITVA

The effectiveness of the SVAMITVA Scheme rests on several integrated components:

Establishment of CORS Network: Continuously Operating Reference Stations (CORS) provide critical Ground Control Points to ensure accurate geo-referencing and boundary marking.

Large-Scale Drone Mapping: High-resolution drone surveys generate detailed and precise property maps, forming the basis for property card issuance.

Information, Education, and Communication (IEC) Initiatives: Extensive awareness campaigns educate villagers about the scheme’s benefits and procedures.

Enhancement of Gram Manchitra Application: Spatial planning tools help Gram Panchayats leverage digital land records for preparing better development plans.

Online Monitoring System: A robust dashboard monitors implementation progress in real-time, ensuring transparency and accountability.

Project Management Units: National and state-level units provide technical and managerial support for seamless execution.

Global Recognition: India Leads in Land Governance Innovation

SVAMITVA’s innovative model has captured international attention. The International Workshop on Land Governance, held at Haryana Institute of Public Administration (HIPA) in March 2025, drew senior officials from 22 countries. Participants studied India’s success in drone-based surveys, transparent record-keeping, and digital property card issuance.

At the India International Trade Fair 2024, the SVAMITVA exhibit at Bharat Mandapam showcased how technology is not only resolving long-standing land disputes but also catalyzing rural economic growth. India’s example is now inspiring similar initiatives globally, positioning the country as a thought leader in land governance innovation.

Empowering Villages: Stories of Success

SVAMITVA’s impact is best understood through the lives it has transformed:

Resolving Decades-Old Disputes: In Taropka village, Himachal Pradesh, Smt. Sunita finally gained legal ownership of her ancestral property after 25 years of dispute. Her property card under SVAMITVA brought peace, security, and newfound dignity.

Financial Empowerment: In Falated village, Rajasthan, Sh. Sukhlal Pargi used his property card to secure a bank loan of ₹3 lakh. This access to formal financial services opened new opportunities for his family’s economic advancement.

Such stories echo across thousands of villages, showcasing how SVAMITVA is changing lives by fostering self-reliance and confidence among rural populations.

The SVAMITVA Scheme has, in just five years, laid a strong foundation for a new era of rural empowerment in India. It embodies the spirit of Atmanirbhar Bharat—self-reliant India—by turning land into a source of security, dignity, and opportunity. By addressing historical gaps in land ownership, leveraging cutting-edge technology, and strengthening rural governance, SVAMITVA is not just solving old problems—it is creating new possibilities for generations to come.

As SVAMITVA moves into its next phase, its mission remains clear: to build a future where every villager holds the key to prosperity—literally in their hands.

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Cruise Tourism in India: Steering Towards a Golden Horizon Under Modi’s Leadership https://visionviksitbharat.com/cruise-tourism-in-india-steering-towards-a-golden-horizon-under-modis-leadership/ https://visionviksitbharat.com/cruise-tourism-in-india-steering-towards-a-golden-horizon-under-modis-leadership/#respond Sun, 27 Apr 2025 08:29:06 +0000 https://visionviksitbharat.com/?p=1664 Cruise tourism is about making travel inclusive, sustainable, and accessible. With 7,500 kilometers of coastline, 12 major and 200 minor ports, and a sprawling 20,000-kilometer network of navigable waterways connecting…

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Cruise tourism is about making travel inclusive, sustainable, and accessible. With 7,500 kilometers of coastline, 12 major and 200 minor ports, and a sprawling 20,000-kilometer network of navigable waterways connecting nearly 400 rivers, India holds unparalleled potential.

In the vibrant tapestry of Bharat’s growth story, cruise tourism is rapidly emerging as a powerful new chapter. Under the visionary leadership of Prime Minister Shri Narendra Modi, India’s vast coastlines, mighty rivers, and tranquil backwaters are being transformed into dynamic corridors of connectivity, commerce, and cultural exploration.

Sailing New Waters: A Vision Unfolds

Cruise tourism is not just about luxury voyages; it is about making travel inclusive, sustainable, and accessible. With 7,500 kilometers of coastline, 12 major and 200 minor ports, and a sprawling 20,000-kilometer network of navigable waterways connecting nearly 400 rivers, India holds unparalleled potential. For the first time, serious and structured steps are unlocking this treasure under the Modi government’s focused approach.

The Cruise Bharat Mission: Doubling the Dream

Launched on September 30, 2024, the Cruise Bharat Mission (CBM) symbolizes India’s renewed ambition. It aims to double cruise passenger traffic by 2029. This mission isn’t merely aspirational—it is backed by a comprehensive inter-ministerial framework that ensures seamless coordination among Customs, Immigration, CISF, State Tourism Departments, and local authorities.

By 2029, India anticipates over 1.5 million river cruise passengers across more than 5,000 kilometers of operational waterways—democratizing travel and enriching the economic tapestry of countless communities.

Maritime India Vision 2030: Setting Sail for Global Glory

Under Maritime India Vision (MIV) 2030, the Government envisions India as a leading player in global cruise tourism. With an expected 8X growth in the cruise market over the next decade, the groundwork is being meticulously laid across oceanic, coastal, and riverine sectors.

Forward-looking reforms such as priority berthing for cruise vessels, rationalized port tariffs, waiver of cabotage laws for foreign cruise ships, and the introduction of e-visas and single e-Landing Cards have dramatically reduced bureaucratic hurdles. These bold steps embody the Modi government’s commitment to “Ease of Doing Business” and “Ease of Traveling” alike.

River Cruise Renaissance: A Journey Through India’s Soul

While oceans glisten with promise, India’s rivers are crafting an equally compelling narrative. Initiatives led by the Inland Waterways Authority of India (IWAI) have rejuvenated major waterways like the Ganga, Brahmaputra, Jhelum, and Chenab.

The launch of MV Ganga Vilas—the world’s longest river cruise in 2023—was a global headline and a proud testament to India’s ingenuity. Stretching from Varanasi to Dibrugarh, this luxurious voyage captured the world’s imagination and earned its place in the Limca Book of Records.

Memoranda of Understanding signed with the Governments of Delhi, Jammu & Kashmir, Gujarat, and Madhya Pradesh further underscore a pan-India commitment to developing eco-friendly cruise tourism. Investments worth ₹45,000 crore, announced during the first Inland Waterways Development Council meet, will bolster cruise vessels and terminal infrastructure by 2047.

Infrastructure, Integration, Accessibility, and Policy: The Four Pillars of the Future

The River Cruise Tourism Roadmap 2047 outlines a powerful vision centered on infrastructure, seamless integration, enhanced accessibility, and supportive policy frameworks. More than 30 tourist circuits have already been identified—ensuring that river cruise tourism will not just be a luxury experience, but a mainstream economic driver, weaving prosperity through India’s heartlands.

Modi’s Maritime Magic

The Modi government’s relentless pursuit of unlocking India’s cruise tourism potential is a perfect blend of tradition and modernity. From the sun-dappled backwaters of Kerala to the sacred currents of the Ganga and the Brahmaputra’s mighty flow, India’s waterways are becoming vibrant highways of hope.

With transformative policies, strategic investments, and a passion for inclusive development, cruise tourism is set to become a jewel in India’s tourism crown. The journey is not just about connecting ports—it’s about connecting people, creating livelihoods, and showcasing Bharat’s timeless heritage to the world.

Under Prime Minister Narendra Modi’s leadership, India is truly sailing towards a golden horizon—Viksit Bharat beckons, and the voyage has only just begun.

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India’s Digital Destiny: Building a Tech-Driven Economy for IR4 https://visionviksitbharat.com/indias-digital-destiny-building-a-tech-driven-economy/ https://visionviksitbharat.com/indias-digital-destiny-building-a-tech-driven-economy/#respond Thu, 24 Apr 2025 02:31:32 +0000 https://visionviksitbharat.com/?p=1359   Modi government initiatives democratizes access to high-performance computing, empowering researchers, startups, academia, and industry stakeholders to foster an environment of innovation that is both accessible and impactful.   As…

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Modi government initiatives democratizes access to high-performance computing, empowering researchers, startups, academia, and industry stakeholders to foster an environment of innovation that is both accessible and impactful.

 

As the world accelerates towards a digital-first economy, India is not just participating but actively shaping the digital future. With a strategic focus on Digital Public Infrastructure (DPI), Artificial Intelligence (AI), and semiconductor and electronics manufacturing, India is laying the foundation for a self-reliant and technologically advanced economy. The government’s push for indigenous innovation, global partnerships, and regulatory reforms is propelling India into a leadership position in the digital age.

Semiconductors and electronics serve as the foundation, while Digital Public Infrastructure (DPI) acts as the catalyst driving India’s technological transformation. Through a unique AI framework, India is making artificial intelligence accessible to all, fostering a more inclusive and innovative digital ecosystem.

Digital Public Infrastructure (DPI)

India’s groundbreaking efforts in Digital Public Infrastructure (DPI) have left a lasting impact on the global digital ecosystem. Unlike models dominated solely by corporate entities or state control, India has pioneered a unique public-private partnership approach. Leveraging public funds, the country has built robust digital platforms such as Aadhaar, UPI, and DigiLocker. These foundational infrastructures serve as a launchpad for private enterprises to innovate and develop user-centric applications tailored to diverse needs.

India’s Digital Public Infrastructure (DPI) has revolutionized governance, financial inclusion, and public service delivery. With over 1.3 billion Aadhaar enrollments, India has established one of the world’s largest biometric-based identity systems, ensuring seamless authentication for financial transactions, welfare distribution, and e-governance. The Unified Payments Interface (UPI) has further transformed the fintech landscape, processing billions of transactions monthly and fostering innovation through its open API framework. Additionally, the Open Network for Digital Commerce (ONDC) aims to democratize e-commerce by breaking platform monopolies and empowering small businesses. Platforms like DigiLocker and CoWIN have showcased India’s ability to provide secure and scalable digital services, particularly in health and document storage, reinforcing the nation’s leadership in digital governance.

By leveraging DPI, initiatives like the Mahakumbh event have set global benchmarks for tech-enabled governance, disaster management, and public administration. India’s DPI model is being adopted by other countries, reinforcing its leadership in digital governance. The foundation laid by Aadhaar, UPI (Unified Payments Interface), and the India Stack has transformed the way citizens access financial services, governance, and digital identities.

Artificial Intelligence

India’s AI strategy focuses on leveraging technology for social good, economic growth, and national security. With the establishment of the India AI Mission, the country is making significant investments in AI research, innovation, and ethical governance.

India is making artificial intelligence (AI) more inclusive through an unprecedented AI framework. A crucial step in this direction is the establishment of a common compute facility equipped with 18,000 Graphics Processing Units (GPUs). Offered at a subsidized rate of less than ₹100 per hour, this initiative democratizes access to high-performance computing, empowering researchers, startups, academia, and industry stakeholders. By facilitating the development of AI-driven applications—ranging from advanced healthcare diagnostics to sophisticated machine learning models—India is fostering an environment of innovation that is both accessible and impactful.

Artificial Intelligence (AI) is playing a transformative role in India’s public services, enhancing efficiency and accessibility across various sectors. In agriculture, AI-driven solutions aid in crop yield prediction and smart irrigation, optimizing resource use and boosting productivity. The healthcare sector benefits from AI-powered early diagnosis and telemedicine, ensuring timely medical intervention, especially in remote areas. Governance is also leveraging AI through chatbots for citizen services and crime analytics for improved law enforcement. India’s thriving AI startup ecosystem, supported by premier institutions like IITs and IISc, is driving advancements in deep learning, natural language processing, and computer vision. As AI adoption grows, the government is prioritizing ethical AI frameworks to ensure fairness, transparency, and data privacy. Additionally, AI is being integrated into national security, strengthening cybersecurity, intelligence operations, and defense systems, reinforcing India’s digital sovereignty in an increasingly technology-driven world.

Semiconductor and Electronics Manufacturing

Recognizing the strategic importance of semiconductors, India has launched initiatives to develop a domestic semiconductor manufacturing ecosystem. The Semicon India Programme aims to position India as a global hub for chip design and fabrication. The Digital Personal Data Protection Act has set the stage for robust data governance, and soon we will witness another milestone – the launch of India’s first Make in India chip this year.

India is rapidly strengthening its semiconductor and electronics manufacturing ecosystem to reduce import dependency and establish itself as a global leader. The country already has a robust fabless design industry, with companies like Tata Elxsi, Wipro, and HCL innovating in chip design. To take this further, the government is aggressively promoting semiconductor fabrication plants (fabs) through initiatives like the Production Linked Incentive (PLI) scheme, which offers substantial financial incentives to global manufacturers, attracting investments from giants like Intel, TSMC, and Micron. Additionally, India has forged strategic partnerships with Taiwan, the US, and Japan to enhance supply chain resilience and facilitate technology transfer. The electronics manufacturing sector is also witnessing remarkable growth, with India emerging as the second-largest mobile phone producer, driven by Apple and Samsung expanding their production facilities. These efforts align with the broader Make in India and Atmanirbhar Bharat vision, positioning India as a key player in the global semiconductor and electronics landscape.

A future-ready workforce

India is rapidly emerging as a global hub for research and technological advancement, with new Global Capability Centres (GCCs) being established every week. To sustain this momentum, the focus is shifting towards integrating AI education at all levels—from school curriculums to advanced university programs.

As India develops a future-ready workforce, its AI regulatory framework aims to balance innovation with responsible deployment. Instead of a “heavy-handed” approach that could hinder progress or a “market-driven” model that centralizes control among a few, India is adopting a pragmatic, tech-legal strategy to ensure inclusive and sustainable growth. At the same time, large-scale skill-building initiatives are equipping professionals with the expertise needed to thrive in an AI-driven economy. Recognizing the need for a balanced regulatory approach, India is charting its own path—one that fosters innovation without stifling it and ensures AI governance remains inclusive, accountable, and future-ready.

India’s digital future is being shaped by visionary policies, strategic investments, and global collaborations. By harnessing the potential of DPI, AI, electronics and semiconductor manufacturing, India is not only becoming a global digital powerhouse but also ensuring that technology serves its citizens and economy. The next decade will be crucial in determining India’s role as a leader in the Fourth Industrial Revolution, setting a benchmark for digital transformation worldwide.

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Unlocking India’s BioEconomy Potential: A Pathway to Global Leadership https://visionviksitbharat.com/unlocking-indias-bioeconomy-potential-a-pathway-to-global-leadership/ https://visionviksitbharat.com/unlocking-indias-bioeconomy-potential-a-pathway-to-global-leadership/#respond Mon, 24 Mar 2025 19:38:11 +0000 https://visionviksitbharat.com/?p=1500   In just ten years, India’s bio-economy has grown from a modest $10 billion to $165.7 billion, far exceeding initial target of $150 billion by 2025, which currently contributes 4.25%…

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In just ten years, India’s bio-economy has grown from a modest $10 billion to $165.7 billion, far exceeding initial target of $150 billion by 2025, which currently contributes 4.25% of total GDP. 

 

The bioeconomy is becoming increasingly important economically.  The current global value of the bioeconomy is projected to be at 4 trillion USD, and some projections indicate that it may climb to 30 trillion USD, accounting for one-third of the world economic value. The world is on the verge of a new industrial revolution, powered by bio-innovation.  Among emerging economies, India’s bioeconomy is a fascinating story of innovation, prosperity, and growing global significance.  India’s bio-economy has grown from $10 billion in 2014 to $165.7 billion in 2024, according to Union Minister Dr. Jitendra Singh, who released the “India Bioeconomy Report 2025” (IBER 2025) during the BIRAC Foundation Day ceremony at the National Media Centre today.  This exponential rise, he added, demonstrates the government’s commitment to biotechnology as a vital driver of India’s future economic success.

How is the world moving forward with bioeconomy?

In the evaluation by World Bioeconomy Forum, a biotechnology, bioresource, or bioecology vision approach to the bioeconomy was utilized.  The United States, China, and India have been heavily focused on biotechnology, whereas the EU has been more inclined toward bioresource and bioecology visions.  There are now indicators that approaches are being expanded to be more thorough.  Biotechnology grows in relevance.  As such, the subject is not new.  What is new is that new tools such as digitalisation, automation, and artificial intelligence are accelerating the sector’s development activity, resulting in faster product launches and increased investor confidence.

According to the National Development and Reform Commission of China, the new plan meets the requirements of the 14th Five-Year Plan, which pledged to promote the integration and innovation of biotechnology and information technology, as well as accelerate the development of biomedicine, biological breeding, biomaterials, bioenergy, and other industries to broaden and strengthen the bioeconomy.  According to the plan, the bioeconomy — a model that focuses on protecting and utilizing biological resources while deeply integrating medicine, healthcare, agriculture, forestry, energy, environmental protection, materials, and other sectors — will become a key driving force in promoting high-quality development by 2025.

By 2025, the proportion of bioeconomy added value in GDP will steadily climb, and China is expected to see a large increase in the number of bioeconomy firms with annual revenues of at least 10 billion yuan ($1.5 billion).  By 2035, China hopes to be in the forefront of the global bioeconomy in terms of overall strength.

Why is India’s role crucial in the bioeconomy?

The bioeconomy has the potential to boost India’s economy to $10 trillion by 2030.  China is already taking the required steps to improve its bio economy; but, given our core strength in this area, if the central government’s endeavors are combined with the efforts of state and local governments and society, we will undoubtedly dominate the global market.

How would the bioeconomy help India grow?

Economic Growth: The bioeconomy can help India’s economy grow by generating new industries, enterprises, and job opportunities in sectors such as agriculture and pharmaceuticals, as well as diversifying the country’s economic base.

 Food Security: It can improve India’s food security by increasing agricultural productivity and soil health, generating nutritious, climate-resilient crops, and providing farmers with innovative biotechnologies and biological alternatives such as biofertilizers.

Healthcare: Advancements in bioeconomy can lead to the discovery of new pharmaceuticals, vaccinations, and better the accessibility and cost of healthcare, hence improving health outcomes.  India’s first gene therapy clinical trial for Hemophilia A has been approved, furthering the treatment of genetic blood disorders.

Employment opportunities: The bioeconomy has the potential to generate employment creation in India, particularly in industries such as biopharmaceuticals and bioenergy, while also encouraging entrepreneurship in tier 2 and 3 cities through the development of bio-manufacturing hubs.

The bioeconomy is expected to provide 35 million employment by 2030.

Bio startups: India’s bioeconomy will play a significant part in creating a thriving startup environment.  The number of biotech startups in India is predicted to increase from 8,531 in 2023 to 35,460 in 2030.

 Exports: India is one of the world’s largest exporters of low-cost pharmaceuticals and vaccines; additional expansion in the biologics and biosimilars industries could improve India’s exports.  For example, Indian manufacturers provided 25% of the entire vaccine volume ordered by the World Health Organization (WHO).

Environmental benefits: Bioeconomy promotes circular economy by decreasing waste and maximizing resource efficiency through closed loop production and consumption.  For example, agricultural waste can be transformed into biogas (anaerobic digestion), with the leftovers used as nutrient-rich fertilizer, decreasing waste and encouraging reuse.

  Lowering environmental pollution: Bioeconomy products such as biofertilizers and biopesticides minimize hazardous chemicals in the environment while also improving ecosystem health.

How has India’s bioeconomy progressed during the last ten years under PM Modi?

“In just ten years, India’s bio-economy has grown from a modest $10 billion to $165.7 billion, far exceeding initial target of $150 billion by 2025,” which currently contributes 4.25% of total GDP.  The sector has grown at a CAGR of 17.9% over the last four years, highlighting India’s potential as a global biotech powerhouse.  The government has also announced BioSaarthi, a groundbreaking worldwide mentorship initiative focused at fostering biotech entrepreneurs.  BioSaarthi, designed as a six-month cohort, will facilitate organized mentor-mentee exchanges and provide individualized support to young biotech entrepreneurs.

Government emphasized the recently established BIO-E3 Policy—Biotechnology for Economy, Employment, and Environment—which aims to boost research, innovation, and entrepreneurship in the industry.  Under this program, initiatives such as Bio-AI Hubs, Bio Foundries, and Bio-Enabler Hubs will be established to integrate sophisticated technologies with biomanufacturing.  Assam is the first state to embrace the BioE3 framework, a critical step toward pan-India implementation.

In a tremendous drive for innovation, India’s biotech startup ecosystem has expanded from 50 startups a decade ago to over 10,075 today,  the tenfold rise, owing to  public-private partnerships and a policy-driven approach to building an enabling environment.

Success Stories:

Such as the invention of India’s first indigenous antibiotic, Nafithromycin, which is helpful in treating respiratory infections, and a successful gene therapy study for hemophilia.  He also stressed the importance of India’s whole genome sequencing initiative, which will encompass 10,074 individuals from 99 communities and is expected to transform precision medicine and healthcare in the country.

Another significant achievement is the Department of Biotechnology’s collaboration with the Indian Space Research Organisation (ISRO), which paves the path for space biology and space medicine research.  “As India prepares for its first space station, biotechnology will play a crucial role in ensuring astronaut health and developing futuristic medical solutions. Over the last decade, India’s Gross Expenditure on Research and Development (GERD) has more than doubled, from ₹60,196 crore in 2013-14 to ₹1,27,381 crore in 2024.  This increase in financing demonstrates the government’s commitment to advancing scientific research and innovation.

 

To make good contributions to the larger domains of the United Nations’ Sustainable Development Goals (SDGs), India intends to lead changes in agriculture and industry. This approach may create chances for Indian enterprises to continue their growth trajectory without putting undue strain on the current resource supply. Biotechnology’s industrial and agricultural applications minimize reliance on fossil fuels and energy, boosting resource sustainability and lowering greenhouse gas emissions. With considerable initiatives by the Government of India in capacity building, infrastructure development, and policy formulation and reform, India is progressing toward establishing a strong bioeconomic footprint in the globe.

 

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Incredible India: Turning in to a Global Tourism Powerhouse https://visionviksitbharat.com/incredible-india-policies-and-progress-towards-a-global-tourism-powerhouse/ https://visionviksitbharat.com/incredible-india-policies-and-progress-towards-a-global-tourism-powerhouse/#respond Mon, 24 Mar 2025 17:50:00 +0000 https://visionviksitbharat.com/?p=1495 India climbed to the 34th position in the World Economic Forum’s Travel and Tourism Competitiveness Index in 2019, up from 65th in 2013. India welcomed over 10.93 million foreign tourists…

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India climbed to the 34th position in the World Economic Forum’s Travel and Tourism Competitiveness Index in 2019, up from 65th in 2013. India welcomed over 10.93 million foreign tourists in 2019, contributing approximately $30 billion in Forex with over 2 billion domestic trips recorded annually.

India’s position as a leading global tourist destination has been significantly strengthened in the past decade under the visionary leadership of Prime Minister Narendra Modi. The proactive policies, substantial investment in infrastructure, and innovative initiatives by the government have played a pivotal role in unlocking the immense potential of the tourism sector, making it a driving force in India’s economic growth and global cultural diplomacy.

Transformational Schemes: Swadesh Darshan and Swadesh Darshan 2.0

The launch of the Swadesh Darshan scheme in 2014-15 marked a turning point in India’s tourism strategy. With an investment of ₹5287.90 crore, the scheme focused on developing thematic circuits across the country, thereby improving tourism infrastructure and creating a seamless experience for visitors. As of now, 76 projects have been sanctioned under this scheme, enabling the development of circuits such as the Buddhist Circuit, North-East Circuit, and Tribal Circuit.

The Modi government took this vision a step further by introducing Swadesh Darshan 2.0 (SD2.0), which emphasizes sustainable and responsible tourism. With a budget allocation of ₹791.25 crore, 34 new projects have been sanctioned under SD2.0. This shift towards sustainable tourism aligns with global environmental goals and promotes India’s image as a responsible tourism destination, showcasing the country’s rich heritage while preserving its natural and cultural resources for future generations.

Enhanced Connectivity: Roads, Air, and Beyond

Improving connectivity to tourist destinations has been a cornerstone of the government’s strategy. The Ministry of Tourism, in coordination with various line ministries and state governments, has prioritized developing infrastructure that connects both prominent and lesser-known destinations.

  • Air connectivity has seen a dramatic transformation with the UDAN (Ude Desh ka Aam Nagrik) scheme, which ensures affordable and widespread regional connectivity.
  • Road infrastructure, facilitated by initiatives like the Bharatmala Pariyojana, has enhanced access to remote and rural areas, boosting local tourism and economic activity.
  • The focus on developing inland waterways and rail connectivity has further diversified transport options for tourists.

Incredible India Digital Platform (IIDP): A Technological Leap

On World Tourism Day, September 27, 2024, the Modi government unveiled the revamped Incredible India Digital Platform (IIDP). This platform is a one-stop solution for travelers and stakeholders, reflecting India’s digital transformation in the tourism sector. Key features of IIDP include:

  • Incredible India Content Hub: A rich repository of high-quality images, films, brochures, and newsletters to promote India’s diverse attractions. This resource is invaluable for journalists, researchers, filmmakers, and content creators, amplifying India’s global appeal.
  • Personalized Visitor Experiences: Real-time weather updates, city exploration tools, and essential travel services ensure convenience and satisfaction for travelers.
  • Integrated Bookings: Partnerships with Online Travel Agents (OTAs) facilitate seamless bookings for flights, hotels, cabs, buses, and tickets to ASI monuments.

The Impact of Proactive Policies: Facts and Figures

The Modi government’s initiatives have had a measurable impact on the tourism sector:

  • Foreign Tourist Arrivals (FTAs): India recorded over 10.93 million FTAs in 2019, contributing approximately $30 billion in foreign exchange earnings. Post-pandemic, FTAs have witnessed a robust recovery due to improved infrastructure and marketing efforts.
  • Domestic Tourism: Domestic tourism has surged with over 2 billion trips recorded annually, driven by the development of circuits and better connectivity.
  • Global Rankings: India has climbed the ranks in the World Economic Forum’s Travel and Tourism Competitiveness Index, reaching the 34th position in 2019 (up from 65th in 2013).

Tourism as a Pillar of Viksit Bharat

Tourism is not just an economic activity but a vehicle for India’s cultural diplomacy, global goodwill, and inclusive development. The government’s efforts in revitalizing India’s tourism sector align seamlessly with the broader vision of Viksit Bharat (Developed India) by 2047. Some key achievements include:

  • Promoting lesser-known destinations under Dekho Apna Desh, encouraging Indians to explore domestic locations and boosting local economies.
  • Digitization of heritage sites and the introduction of light and sound shows at monuments to enhance visitor experiences.
  • Leveraging India’s G20 Presidency to showcase the country’s culture and heritage, attracting global attention.

The Modi government’s tourism policies represent a holistic approach to nation-building, blending economic growth, cultural preservation, and sustainable development. By investing in infrastructure, harnessing technology, and promoting responsible tourism, India has positioned itself as a leading global tourist destination.

The journey to transform India into a global tourism powerhouse is far from over. With continued focus on innovation, sustainability, and inclusivity, India is well on its way to achieving its vision of becoming a top travel destination, contributing significantly to the realization of a developed India by 2047.

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GeM Surpasses ₹5 Lakh Crore GMV: A Milestone in Digital Procurement https://visionviksitbharat.com/gem-surpasses-%e2%82%b95-lakh-crore-gmv-a-milestone-in-digital-procurement/ https://visionviksitbharat.com/gem-surpasses-%e2%82%b95-lakh-crore-gmv-a-milestone-in-digital-procurement/#respond Wed, 19 Mar 2025 17:06:09 +0000 https://visionviksitbharat.com/?p=1450   The government’s emphasis on inclusivity and transparency has strengthened GeM as a key procurement channel for over 1.6 lakh government entities, including central and state ministries, public sector enterprises,…

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The government’s emphasis on inclusivity and transparency has strengthened GeM as a key procurement channel for over 1.6 lakh government entities, including central and state ministries, public sector enterprises, panchayats, and cooperatives.

 

The Government e-Marketplace (GeM) has emerged as a game-changer in India’s public procurement system, achieving a remarkable milestone by surpassing ₹5 lakh crore in Gross Merchandise Value (GMV) before the end of the financial year 2024-25. This achievement, accomplished more than 18 days ahead of schedule, underscores the transformative impact of the Modi government’s digital procurement initiatives. Notably, GeM’s rapid expansion is evident from the fact that the leap from ₹4 lakh crore to ₹5 lakh crore was achieved in less than 50 days after crossing the previous benchmark on January 23, 2025.

Strengthening Market Accessibility Through Policy Reforms

One of the key drivers behind GeM’s success is the government’s proactive policy reforms aimed at enhancing market accessibility. Several recent initiatives have made the platform more inclusive and business-friendly, particularly for Micro and Small Enterprises (MSEs), startups, and women-led enterprises. These reforms include:

  • Reduction in Transaction Charges: Lowering costs for sellers has improved affordability and encouraged greater participation.
  • Vendor Assessment Fee Reduction: Streamlining registration for new vendors has simplified the onboarding process.
  • Caution Money Requirement Reduction: Lowering entry barriers has made it easier for smaller businesses to participate in government procurement.

These measures have significantly boosted vendor registration, with over 22 lakh sellers and service providers actively participating on the platform as of February 13, 2025. The government’s emphasis on inclusivity and transparency has strengthened GeM as a key procurement channel for over 1.6 lakh government entities, including central and state ministries, public sector enterprises, panchayats, and cooperatives.

Empowering Startups, Women Entrepreneurs, and Youth Through SWAYATT

The year 2025 marks the sixth anniversary of SWAYATT (Startups, Women, and Youth Advantage Through eTransactions), a pioneering initiative aimed at integrating priority seller groups into the government procurement ecosystem. As of February 13, 2025:

  • Over 29,000 startups have been successfully onboarded onto the GeM platform.
  • 1.8 lakh Udyam-verified women-led businesses are actively participating in procurement processes, reinforcing the government’s commitment to fostering inclusivity and economic empowerment.

Through SWAYATT, GeM has become a catalyst for women entrepreneurs and young innovators, enabling them to access government contracts without unnecessary bureaucratic hurdles.

Leveraging Technology for Procurement Efficiency

Beyond policy reforms, the Modi government’s commitment to digital transformation has played a pivotal role in enhancing procurement efficiency. In the financial year 2024-25, GeM executed one of the largest cloud migrations undertaken by a government organization in India. This technological upgrade has:

  • Improved platform scalability, ensuring seamless operations even with increasing transaction volumes.
  • Strengthened security protocols to provide a reliable and safe procurement environment for both buyers and sellers.

Furthermore, the integration of AI-powered search capabilities through GeM AI has revolutionized the procurement experience. GeM AI continuously analyzes platform data to offer real-time, accurate, and credible insights to stakeholders, enabling faster and more informed procurement decisions.

Transparency, Fiscal Responsibility, and Economic Impact

The Government e-Marketplace is not just a procurement tool but a strategic platform for ensuring transparency, fiscal responsibility, and economic growth. Through its efficient and transparent processes, GeM has facilitated public savings exceeding ₹1,15,000 crore, reinforcing its role in optimizing government expenditure.

By eliminating inefficiencies and middlemen, GeM has positioned itself as a global benchmark for digital procurement. The platform’s transparency mechanisms, competitive pricing structures, and streamlined bidding processes have ensured that public funds are utilized efficiently, ultimately benefiting taxpayers and fostering national economic growth.

GeM: A Pillar of Digital Bharat and Viksit Bharat

The exponential growth of GeM aligns seamlessly with Prime Minister Narendra Modi’s vision of Digital Bharat and Viksit Bharat. The success of GeM is a testament to how technology-driven governance can revolutionize public procurement and create a level playing field for businesses across India.

As GeM continues its upward trajectory, it remains committed to:

  • Enhancing inclusivity by bringing more startups, MSEs, and women entrepreneurs into the procurement ecosystem.
  • Adopting cutting-edge technology to further streamline processes and improve user experience.
  • Strengthening transparency and fostering trust in government procurement.

The Modi government’s emphasis on digital empowerment and ease of doing business has transformed GeM into a cornerstone of India’s economic and governance reforms. With its continued expansion, GeM is poised to play a crucial role in shaping India’s procurement landscape and contributing significantly to the nation’s journey towards becoming a $5 trillion economy.

The achievement of surpassing ₹5 lakh crore GMV before the end of FY 2024-25 is not just a milestone but a reflection of the Modi government’s visionary leadership and commitment to Make in India, Digital India, and Atmanirbhar Bharat. GeM has redefined public procurement, ensuring that businesses—regardless of their size—can thrive in a fair and transparent marketplace. With strong policy support, technological advancements, and a focus on inclusivity, GeM will continue to be a driving force in India’s journey towards economic self-reliance and prosperity.

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PM Modi’s Womenomics: Empowering Women Through Financial Inclusion and Accessibility https://visionviksitbharat.com/pm-modis-womenomics-empowering-women-through-financial-inclusion-and-accessibility/ https://visionviksitbharat.com/pm-modis-womenomics-empowering-women-through-financial-inclusion-and-accessibility/#respond Sun, 16 Mar 2025 06:16:46 +0000 https://visionviksitbharat.com/?p=1429   Financial independence is the language of empowerment; every woman should be fluent in it.   Women are everywhere, from defence to aerospace, from highest-earning CEOs to those holding the…

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Financial independence is the language of empowerment; every woman should be fluent in it.

 

Women are everywhere, from defence to aerospace, from highest-earning CEOs to those holding the top positions in the political system; there is barely any field left unexplored by women. However, this journey of growth, as we witness it today, was not linear. If we look at the 2016 figure, SEBI data shows that only 20 per cent of women were financially literate, around 43 per cent of women had bank accounts before 2014, and only one-third of women had access to digital literacy prior to 2014, and the figure is even more dismal for rural women. However, the Modi government recognized the need to integrate the other half i.e. women, in mainstream development programs and thereby launched a series of targeted schemes. There are two such flagship programs that were instrumental in achieving the targets.

Pradhan Mantri Jan Dhan Yojana (PMJDY)

Launched in August 2014, Pradhan Mantri Jan Dhan Yojana completed a decade last year. The scheme has been instrumental in bringing 54.97 cores unbanked into the formal banking system.  The scheme aimed at opening bare savings bank deposit accounts with zero cost and no maintenance charges, also subject to eligibility, offering up to 10,000 overdraft facilities to cover expenses. It has been successful in being one of the largest financial inclusion schemes in the world. If we look at females’ participation, 30.6 crore accounts, which is around 66 per cent of the total, are women account holders. Furthermore, 37.60 crore Ruppe Cards were issued with an accidental insurance cover of 2 lakhs, which provided Jan Suraksha or micro-insurance to the needy.

Pradhan Mantri Mudra Yojana (PMMY)

For small businesses, arranging for factors of production, particularly capital, is one of the most daunting tasks. The hardships are further exacerbated if the loan seeker is a woman without any collateral support. Sensing the gap and recognizing the need for it, the government launched PMMY with the aim of providing collateral-free loans to micro, small, and medium enterprises, particularly women. As of November 2024, a total of 1.51 crores of women entrepreneurs with a 61.3 per cent share have raised 87,718 crores out of 2.64 total.

PMMY aligns perfectly with the vision of Aatm Nirbhar Bharat by empowering small businesses and building self-sustaining units in the economy. Working with the intention of breaking big and thriving, the scheme helped unleash the potential of MSMEs in the economy, thereby building both resilience and equality. Small businesses in food processing, handicrafts, textiles, pickle papad and incense stick businesses have enormously benefitted from the schemes and have witnessed considerable growth in their earnings.

Creating Impact: Inclusion and Accessibility

These schemes have facilitated small savings amongst women and facilitated access to credit channelled through bank accounts. It led to the creation of formalized banking systems or, more promptly, the ‘Financialization of Savings’. Additionally, the scheme has helped the government roll on the direct benefit transfer [DBT] program wherein the intended beneficiaries received financial aid and subsidies without intermediaries, thereby reducing the leakages in the system. The scheme addresses the major financial inclusion gaps by opening accounts, mobilizing savings to productive sectors, creating credit history and keeping a better vigil on the worthiness of individuals.

Apart from all this, the schemes proved to be a major step in reducing the mental barriers and instil confidence amongst women to lead a more healthy, secure life, to have a better say in family affairs and, more importantly, to raise the standard of their living as well as that of their children and contribute to economic development through wheels of growth. Including women in government policy has helped create mental shifts and move away from the old pattern of thinking that ‘women are not capable enough to make financial decisions’ to the point that they are capable enough.

Barriers in Creating Impact

Although a significant increase in the percentage of women’s participation in these schemes has been witnessed, many challenges remain at the grassroots level.  Barriers to accessing financial services, social mobility constraints, limited financial and digital literacy, and lack of proper identity proof are a few.

Way to Make Schemes More Inclusive

Some of the ways that can be employed by making these two schemes more inclusive is hiring more women business correspondence to expand on the financial inclusion and literacy parts, plus a feedback mechanism can be created where any difficulties concerning them could be resolved. Another way is to create continuous awareness programs through workshops, banners, and posters. Additionally, constantly assessing and re-evaluating the impacts with timely tracking of progress and paradigm policy changes could prove to be beneficial in this regard.

Financial inclusion and access are two very prominent tools in the hands of the government. It holds tremendous potential to create economic and social empowerment. The current progress made in this regard is impressive.  The two schemes have been catalysts in changing the landscape of financial inclusion coupled with access to financial resources, which hold the potential for upward movements in economic trajectory.

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Labour Force Participation of Women from Minority Communities on the Rise https://visionviksitbharat.com/labour-force-participation-of-women-from-minority-communities-on-the-rise/ https://visionviksitbharat.com/labour-force-participation-of-women-from-minority-communities-on-the-rise/#respond Wed, 12 Mar 2025 03:50:04 +0000 https://visionviksitbharat.com/?p=1386 The labour force participation rate (LFPR) among women from minority communities in India has witnessed a steady increase over the past three years, reflecting the impact of targeted government initiatives…

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The labour force participation rate (LFPR) among women from minority communities in India has witnessed a steady increase over the past three years, reflecting the impact of targeted government initiatives and socio-economic transformations. According to the Periodic Labour Force Survey (PLFS) conducted by the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation, the LFPR for females among major religious groups during 2021-22, 2022-23, and 2023-24 has shown a significant upward trend.

Labour Force Participation Trends

The survey estimates indicate a noticeable rise in the participation of women in the workforce across all major religious communities:

Religious Group PLFS 2021-22 PLFS 2022-23 PLFS 2023-24
Hinduism 26.1 30.5 33.3
Islam 15.0 14.2 21.4
Christianity 34.2 35.1 38.3
Sikhism 19.8 23.5 26.7
All 24.8 27.8 31.7

These figures highlight a substantial increase in the LFPR of women, particularly among minority communities. The participation of Muslim women in the workforce has surged from 14.2% in 2022-23 to 21.4% in 2023-24, signaling a positive shift in economic inclusion and empowerment.

Government Interventions and Their Impact

A key driver behind this improvement is the Pradhan Mantri Virasat Ka Samvardhan (PM VIKAS), a flagship initiative of the government aimed at uplifting the six notified minority communities through skill development, educational support, and targeted economic empowerment programs. The scheme integrates five previously independent schemes:

  1. Seekho aur Kamao: Launched in 2014-15, this scheme focuses on enhancing the employability of minority youth (14-45 years) by equipping them with modern and traditional skills. Notably, 57.64% of the total beneficiaries trained under this scheme were women, amounting to over 2.69 lakh individuals.
  2. Upgrading the Skills and Training in Traditional Arts Crafts for Development (USTTAD): Introduced in 2015, this scheme aimed at preserving and promoting traditional arts and crafts while enhancing the capacities of master craftsmen and artisans. A remarkable 89.10% of the total beneficiaries under this initiative were women (19,255 individuals).
  3. Nai Manzil: Operational between 2014-15 and 2020-21, this scheme provided formal education and skill development to minority youth who lacked formal schooling credentials. Over 54,233 women benefitted from this initiative, constituting 54.94% of total beneficiaries.
  4. Nai Roshni and Hamari Dharohar: These schemes focused on women’s leadership development and cultural preservation among minority communities.

Policy Recommendations for Sustained Growth

Despite the progress achieved, there is room for further policy refinements to ensure continued improvement in the labour force participation of women from minority communities:

  1. Expansion of Skill Development Initiatives: Strengthening skill-training programs with greater emphasis on emerging sectors such as digital technology, e-commerce, and financial services can enhance employment opportunities for minority women.
  2. Financial Inclusion Measures: Linking skill development with financial literacy programs, microfinance access, and entrepreneurship support can empower women economically and promote self-employment.
  3. Social Security and Workplace Safety: The introduction of targeted social security schemes such as maternity benefits, workplace safety norms, and insurance for self-employed women can enhance workforce retention and participation.
  4. Encouraging Formalization: Incentivizing businesses to integrate informal sector workers into the formal economy by offering tax benefits, wage subsidies, and flexible work arrangements can help bridge employment gaps.
  5. Real-Time Data Utilization: Leveraging data analytics to assess employment trends, migration patterns, and skill demands can help policymakers design more effective interventions tailored to specific minority communities.
  6. Community-Based Engagement: Encouraging local self-help groups (SHGs), NGOs, and religious institutions to promote vocational training and job placements can lead to greater community acceptance and participation.

The increasing labour force participation of women from minority communities is a testament to the efficacy of targeted government policies and socio-economic transformations. However, sustained efforts are required to further bridge gender disparities and economic exclusion. Strengthening skill development, financial inclusion, and social security frameworks will ensure that minority women not only enter the workforce but thrive in it, contributing to India’s vision of an inclusive and developed economy.

 

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20,000 Crore for Research & Innovation: India Emerges as a Global R&D Leader https://visionviksitbharat.com/20000-crore-for-research-innovation-india-emerges-as-a-global-rd-leader/ https://visionviksitbharat.com/20000-crore-for-research-innovation-india-emerges-as-a-global-rd-leader/#respond Sun, 09 Mar 2025 06:48:00 +0000 https://visionviksitbharat.com/?p=1351 India’s remarkable ascent in research and innovation has been fueled by a series of policy-driven initiatives, strategic investments, and a thriving startup ecosystem. With the announcement of a ₹20,000 crore…

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India’s remarkable ascent in research and innovation has been fueled by a series of policy-driven initiatives, strategic investments, and a thriving startup ecosystem. With the announcement of a ₹20,000 crore allocation for Research, Development, and Innovation (RDI) in the Union Budget 2025-26, the government has reaffirmed its commitment to positioning India as a global R&D powerhouse.

Union Minister Dr. Jitendra Singh, in the Post Budget Webinar on “Investing in Innovation,” emphasized the significance of this initiative, highlighting India’s achievements in scientific research, patent growth, and global rankings. The initiative aims to accelerate research, encourage private sector participation, and drive advancements in sunrise sectors like deep-tech, artificial intelligence, semiconductors, 5G, and quantum computing.

India’s Global Ranking in Research and Innovation

Ranked 3rd in Global Startup Ecosystem: Over the last decade, India has emerged as the world’s third-largest startup hub, driven by a strong innovation ecosystem and proactive government policies.

Ranked 3rd in Scientific Research Output: India’s research output has surged, placing the country among the top three globally in scientific contributions.

Global Innovation Index Surge: India’s ranking in the Global Innovation Index has improved significantly from 81st in 2014 to 39th in 2024, reflecting a robust innovation ecosystem.

Patent Grants Increased 17-Fold: Since 2014, India has witnessed an exponential rise in patent grants, highlighting the surge in cutting-edge research and intellectual property generation.

Strengthening R&D with Government Support

The ₹20,000 crore RDI fund is part of a broader effort to boost private sector-led research and technological advancements. This builds upon the ₹1 lakh crore corpus introduced in the 2024-25 budget to incentivize R&D investments across industries. The government aims to create a globally competitive research environment that fosters innovation, attracts investments, and enhances India’s technological sovereignty.

Expanding the PM’s Research Fellowship (PMRF) Scheme

Recognizing the need to cultivate world-class research talent, the government has expanded the PMRF Scheme, tripling the number of fellowships to 10,000 over the next five years. The scheme, launched in 2018, has already benefited 3,688 scholars, enabling them to undertake cutting-edge research at India’s premier institutions.

“The PMRF is not just about financial assistance; it is about fostering an ecosystem where academic excellence and intellectual curiosity thrive,” stated Dr. Jitendra Singh.

Focus on Deep-Tech and Sunrise Sectors

The government’s innovation drive is directed towards deep-tech industries that will define the future global economy. The focus areas include:

Semiconductor Manufacturing: Strengthening India’s semiconductor industry through fiscal support and global partnerships.

Artificial Intelligence & 5G: Enhancing AI capabilities and 5G deployment for economic and strategic growth.

Quantum Computing: Investing in next-generation computing technologies to maintain a competitive edge.

Strengthening India’s Agricultural and Scientific Security

National Enlarged Gene Bank Replica for Crop Protection

Agricultural security remains a key priority. The government has announced the establishment of a National Enlarged Gene Bank Replica, strengthening India’s position as the second-largest repository of genetic resources, with over 4.7 lakh accessions of 2,147 species. This initiative will enhance food security by preserving traditional crop varieties and biodiversity.

National Geospatial Mission for Infrastructure & Disaster Management

The National Geospatial Mission, launched under the 2022 National Geospatial Policy, is playing a crucial role in infrastructure planning, disaster management, and precision agriculture. This initiative aligns with India’s goal of becoming a developed nation by 2047.

Gyan Bharatam Mission: Digitizing India’s Intellectual Heritage

In an ambitious effort to protect and preserve India’s vast manuscript heritage, the government has launched the Gyan Bharatam Mission, aiming to digitize over one crore ancient manuscripts and create a National Digital Repository. This initiative will provide scholars and researchers with unprecedented access to India’s intellectual and cultural wealth.

Innovation-Led Growth: Towards ‘Viksit Bharat 2047’

The government’s unwavering support for innovation, research, and technology development is part of the broader ‘Viksit Bharat 2047’ vision, aimed at transforming India into a global leader in science, technology, and economic growth.

As Dr. Jitendra Singh concluded, “Investment in innovation is not just about economic growth—it is about empowering young minds, strengthening our technological sovereignty, and securing India’s future on the global stage.”

With substantial investments in research fellowships, deep-tech, digital infrastructure, and agriculture, India is making a decisive push to become a global leader in research, development, and innovation.

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India’s Semiconductor Revolution: Tata Electronics and India Semiconductor Mission Agreement https://visionviksitbharat.com/indias-semiconductor-revolution-tata-electronics-and-india-semiconductor-mission-agreement/ https://visionviksitbharat.com/indias-semiconductor-revolution-tata-electronics-and-india-semiconductor-mission-agreement/#respond Sun, 09 Mar 2025 06:37:56 +0000 https://visionviksitbharat.com/?p=1349 The Tata Electronics semiconductor fab in Dholera Special Investment Region (SIR) is a ₹91,000 crore mega-project with a production capacity of 50,000 wafer starts per month (WSPM). In a landmark…

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The Tata Electronics semiconductor fab in Dholera Special Investment Region (SIR) is a ₹91,000 crore mega-project with a production capacity of 50,000 wafer starts per month (WSPM).

In a landmark move aimed at positioning India as a global semiconductor manufacturing hub, the India Semiconductor Mission (ISM), Tata Electronics Private Limited (TEPL), and Tata Semiconductor Manufacturing Private Limited (TSMPL) have signed a Fiscal Support Agreement (FSA) for India’s first commercial semiconductor fabrication unit in Dholera, Gujarat. The agreement, signed in the presence of Gujarat Chief Minister Shri Bhupendra Patel, marks a crucial step in realizing India’s ambitions of self-reliance in semiconductor manufacturing under the modified programme for semiconductor & display manufacturing ecosystem in India.

91,000 Crore Semiconductor Fab with 50% Fiscal Support

The Tata Electronics semiconductor fab in Dholera Special Investment Region (SIR) is a ₹91,000 crore mega-project with a production capacity of 50,000 wafer starts per month (WSPM). To accelerate its execution, the Government of India, through ISM, has committed to providing 50% fiscal support on a pari-passu basis for eligible project costs, demonstrating an unwavering commitment to building a world-class semiconductor ecosystem in India.

India’s Emergence as a Global Semiconductor Leader

This semiconductor fab is expected to generate over 20,000 skilled jobs, directly and indirectly, and will create a powerful technological alliance with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC). The facility will cater to critical global semiconductor markets, including automotive, computing, telecommunications, and artificial intelligence, marking India’s transition from a technology consumer to a key player in global semiconductor supply chains.

Shri Sushil Pal, CEO of the India Semiconductor Mission, emphasized, “The Government of India is committed to the timely disbursement of fiscal support for the execution of this project. This initiative underscores India’s ambitions in indigenous semiconductor manufacturing. We are confident that Tata Electronics will play a pivotal role in strengthening the electronics value chain and making a significant contribution to India’s overarching goals in this sector.”

“Chips for Viksit Bharat”: A Defining Milestone

Dr. Randhir Thakur, CEO and MD of Tata Electronics, described the FSA signing as a historic moment in India’s journey toward semiconductor self-sufficiency. He stated, “This is a historic milestone for India and Tata Electronics in its journey of establishing a semiconductor manufacturing industry in India. The Fiscal Support Agreement (FSA) solidifies our partnership with MeitY and ISM to realize our Hon’ble Prime Minister’s vision of manufacturing ‘Chips for Viksit Bharat.’ We are grateful to the MeitY and ISM leadership for their unwavering support and resolve in not only defining but operationalizing a globally leading subsidy framework through this FSA. With construction being undertaken with a great sense of urgency, Tata Electronics is deeply committed to building India’s first AI-enabled Fab in Dholera.”

Strengthening India’s Role in the Global Semiconductor Supply Chain

The semiconductor industry is crucial for technological innovation, economic growth, and national security. By establishing its first commercial semiconductor fab, India is not only creating employment opportunities but also strengthening its position as a reliable partner in global semiconductor supply chains.

The strategic fiscal support from the Government of India will accelerate the country’s semiconductor expansion, paving the way for India to become a leading player in the global semiconductor landscape. This transformative initiative is set to drive innovation, enhance supply chain resilience, and propel India into a new era of technological self-reliance, firmly aligning with the vision of Viksit Bharat 2047.

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India’s Circular Economy: A Pathway to Sustainable Growth and Economic Transformation https://visionviksitbharat.com/indias-circular-economy-a-pathway-to-sustainable-growth-and-economic-transformation/ https://visionviksitbharat.com/indias-circular-economy-a-pathway-to-sustainable-growth-and-economic-transformation/#respond Fri, 07 Mar 2025 05:54:34 +0000 https://visionviksitbharat.com/?p=1327   The global circular economy could contribute an additional $4.5 trillion in economic output by 2030. In India, this transformation is expected to bolster GDP growth, improve environmental sustainability, and…

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The global circular economy could contribute an additional $4.5 trillion in economic output by 2030. In India, this transformation is expected to bolster GDP growth, improve environmental sustainability, and enhance job creation.

 

India is at the forefront of a global shift towards a circular economy, an approach that aims to eliminate waste and maximize resource efficiency. With an expected market value exceeding $2 trillion and the potential to create nearly 10 million jobs by 2050, the circular economy is poised to be a key driver of sustainable economic growth. The government, under the leadership of Prime Minister Narendra Modi, has implemented various policies to transition from a traditional linear economy to a more sustainable and resource-efficient model.

Circular Economy and Its Economic Potential

According to estimates, the global circular economy could contribute an additional $4.5 trillion in economic output by 2030. In India, this transformation is expected to bolster GDP growth, improve environmental sustainability, and enhance job creation. As Union Minister for Environment, Forest & Climate Change, Shri Bhupender Yadav, stated at the 12th Regional 3R and Circular Economy Forum, embracing circular principles could be one of the biggest economic shifts since the Industrial Revolution.

Key Government Initiatives Driving Circular Economy

The Indian government has undertaken significant measures to promote the circular economy:

Plastic Waste Management Rules (2016) – Enforcing strict regulations on plastic waste handling, leading to a ban on certain single-use plastics in 2022.

Extended Producer Responsibility (EPR) – Implemented across multiple waste categories, ensuring manufacturers take responsibility for their products’ end-of-life disposal.

Circular Economy Action Plans – Covering 10 waste categories, including electronic waste, construction & demolition debris, and metal recycling.

Swachh Bharat Mission (SBM) – Waste to Wealth – Launched a Project Management System (PMS) portal to track waste-to-energy and other sustainable initiatives.

Eco-Mark Rules Notification – Encouraging demand for environmentally friendly products while promoting energy efficiency.

Innovations in Waste Management

To further strengthen waste management efforts, India has introduced several research-driven and technological initiatives:

MoU between CSIR and MoHUA – Facilitating research and innovation in waste management through scientific collaboration.

IFC Document Reference Guide – Providing economic assistance models for municipal solid waste (MSW) projects, including waste-to-electricity and biomethanation.

CEEW Report on Solid Waste Management – Offering data-driven insights into waste management practices in million-plus cities.

India’s Vision for World Circular Economy Forum 2026

Recognizing India’s commitment to sustainability, the country has expressed its interest in hosting the World Circular Economy Forum (WCEF) 2026, showcasing its progress and leadership in waste management and resource efficiency. The 2025 edition of WCEF is set to take place in São Paulo, Brazil.

Sector-Wise Impact of Circular Economy

1. Manufacturing and Industrial Growth

Adoption of resource-efficient practices in industries can reduce raw material costs by 30%.

India’s automobile sector is integrating remanufacturing and recycling processes, with companies repurposing metals and electronic components.

2. Job Creation and Skill Development

Circular economy sectors could generate 10 million jobs by 2050.

Growth in waste management and recycling industries is driving employment in collection, sorting, and processing sectors.

3. Renewable Energy and Waste-to-Energy Projects

Over 200 waste-to-energy plants operational under SBM, generating electricity from urban waste.

Investments in biogas and biomethanation plants are increasing, with the potential to produce 1.5 billion cubic meters of biogas annually.

Global Best Practices and India’s Roadmap

Countries like the Netherlands, Sweden, and Japan have successfully implemented circular economy models, focusing on closed-loop production systems and waste recovery. India can adopt similar strategies by:

Strengthening public-private partnerships (PPP) to fund waste management projects.

Developing a national circular economy strategy with clear targets and regulatory frameworks.

Encouraging R&D in sustainable materials and waste-to-resource technologies.

Enhancing consumer awareness and participation through education and policy incentives.

India’s ambitious circular economy initiatives reflect a paradigm shift in production and consumption patterns. By integrating sustainability into economic planning, India can achieve a triple-bottom-line impact—economic growth, environmental protection, and social equity. The journey towards a circular economy not only supports the vision of Viksit Bharat 2047 but also cements India’s leadership in global sustainability efforts. Policymakers, industry leaders, and citizens must collectively work towards embedding circular principles in every sector, ensuring a cleaner, more resource-efficient future for generations to come.

 

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India’s Leadership in Circular Economy: A Pathway to Viksit Bharat https://visionviksitbharat.com/indias-leadership-in-circular-economy-a-pathway-to-viksit-bharat/ https://visionviksitbharat.com/indias-leadership-in-circular-economy-a-pathway-to-viksit-bharat/#respond Mon, 03 Mar 2025 14:14:59 +0000 https://visionviksitbharat.com/?p=1307 Under the leadership of Prime Minister Narendra Modi, India has emerged as a global advocate for sustainability through innovative policies and programs. The circular economy model, rooted in the principles…

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Under the leadership of Prime Minister Narendra Modi, India has emerged as a global advocate for sustainability through innovative policies and programs. The circular economy model, rooted in the principles of Reduce, Reuse, and Recycle (3R), is pivotal in achieving resource efficiency, carbon neutrality, and environmental sustainability. The 12th Regional 3R and Circular Economy Forum in Asia and the Pacific, held in Jaipur, marks a significant milestone in India’s leadership in circular economy initiatives and sustainable waste management.

Circular Economy & Principles

A Circular Economy is an economic system aimed at minimizing waste and making the most of resources. It contrasts with the traditional linear economy (take, make, dispose) by keeping products, materials, and resources in use for as long as possible. The circular economy focuses on reducing waste, reusing materials, repairing and refurbishing products, and recycling resources to create a closed-loop system that promotes sustainability. The circular economy is built on three key principles: designing out waste and pollution, keeping products and materials in use, and regenerating natural systems. By focusing on waste prevention at the design stage, businesses can create products and processes that minimize environmental impact from the outset. Extending the lifespan of products through repair, refurbishment, and remanufacturing ensures that materials remain in circulation for as long as possible, reducing the need for virgin resources. Additionally, the circular economy promotes the use of biodegradable materials and ecosystem restoration by returning essential nutrients to the environment, fostering a regenerative approach to sustainability.

India’s Role in the 12th Regional 3R and Circular Economy Forum

The forum serves as a key platform for policymakers, industry leaders, researchers, and development partners to drive sustainable solutions for waste management and resource efficiency. Hosted by the Ministry of Housing & Urban Affairs, the event was attended by dignitaries from various countries, reinforcing India’s commitment to the global sustainability agenda. Prime Minister Narendra Modi, in his special message to the forum, emphasized India’s ‘Pro Planet People’ (P-3) approach, highlighting the nation’s dedication to fostering global knowledge-sharing and collaboration in circular economy practices.

Key Announcements:

Cities Coalition for Circularity (C-3): This is a global initiative announced by India’s Union Minister of Housing & Urban Affairs to promote collaboration between cities worldwide on circular economy practices. The coalition will help cities share knowledge, best practices, and innovative strategies for sustainable urban development. Additionally, it will encourage partnerships with the private sector to drive large-scale implementation of circular economy principles, making urban areas more sustainable and resource-efficient.

CITIIS 2.0 Initiative: The City Investments to Innovate, Integrate, and Sustain (CITIIS) 2.0 program is a significant step in improving urban infrastructure through climate-focused and waste management projects. With agreements worth ₹1,800 crores, this initiative will support 18 cities across 14 states in implementing sustainable urban development strategies. By integrating waste management and climate action into urban planning, CITIIS 2.0 will serve as a model for other cities to follow, ensuring long-term environmental and economic benefits.

Global Plastics Treaty Negotiations: India has reaffirmed its dedication to reducing plastic pollution by actively participating in global negotiations for a legally binding plastics treaty. This initiative aims to establish international guidelines to control plastic waste, encourage recycling, and promote sustainable alternatives. By engaging in these discussions, India seeks to contribute to global efforts in tackling plastic pollution and transitioning toward a circular economy.

India Pavilion & 3R Trade Exhibition: The India Pavilion at the 3R (Reduce, Reuse, Recycle) Trade Exhibition showcased the country’s innovative solutions in sustainable waste management. With participation from over 40 businesses and start-ups, the exhibition highlighted successful waste-to-wealth initiatives, green entrepreneurship, and community-led recycling programs. This platform provided an opportunity for businesses to demonstrate new technologies, exchange ideas, and attract investment in sustainable waste management and circular economy practices.

India’s Landmark Circular Economy Initiatives

1.    Swachh Bharat Mission – Urban (SBM-U)

The Swachh Bharat Mission – Urban (SBM-U) has been a game-changer in India’s urban sanitation and waste management landscape, emphasizing the Reduce, Reuse, and Recycle (3R) principles. As of February 2025, the mission has exceeded expectations, achieving 108.62% of its household toilet construction target, with 6.37 million toilets built against the planned 5.89 million. This has significantly improved access to sanitation, reducing open defecation and promoting hygiene in urban areas.

Additionally, 80.29% of solid waste generated in urban India is now processed sustainably, marking a significant leap toward a circular economy. Through initiatives like source segregation, composting, waste-to-energy projects, and extended producer responsibility (EPR) for plastic waste, SBM-U has transformed waste management into an opportunity for economic and environmental sustainability. The program has also fostered community participation, strengthened municipal capacities, and encouraged public-private partnerships, making urban sanitation more efficient and resilient.

With a continued focus on zero waste cities, scientific landfill management, and circular economy integration, SBM-U is not just a sanitation initiative but a movement driving India towards cleaner, healthier, and more sustainable urban environments.

2.    GOBAR-Dhan Scheme

The GOBAR-Dhan (Galvanizing Organic Bio-Agro Resources-Dhan) Scheme is a key initiative under the Swachh Bharat Mission (Grameen) that promotes a circular economy by converting organic waste into valuable resources like biogas, bio-CNG, and organic fertilizers. This initiative not only enhances waste-to-wealth solutions but also supports rural livelihoods, sustainable agriculture, and clean energy generation.

As of February 2025, the scheme has been successfully implemented in 67.8% of districts across India, with over 1,008 operational biogas plants playing a crucial role in managing cattle dung, agricultural residue, and organic waste. These plants reduce methane emissions, improve sanitation in rural areas, and provide an alternative to chemical fertilizers, benefiting farmers with cost-effective organic manure.

Additionally, the GOBAR-Dhan Scheme aligns with India’s climate action goals by reducing dependency on fossil fuels, promoting decentralized energy solutions, and fostering rural entrepreneurship through biogas-based enterprises. With increasing government support, technological advancements, and community participation, the initiative is set to accelerate India’s journey toward sustainable waste management, rural economic growth, and environmental conservation.

3.    E-Waste Management Rules (2022)

With the rapid expansion of the electronics industry, managing electronic waste (e-waste) has become a critical challenge. India has made significant strides in adopting circular economy principles to ensure efficient e-waste collection, recycling, and resource recovery. By focusing on responsible disposal, refurbishment, and material extraction, the country is moving towards a more sustainable and environmentally friendly approach to electronic waste management.

In FY 2024-25, India collected 5,82,769 metric tons (MT) of e-waste and successfully recycled 5,18,240 MT, showcasing a strong commitment to sustainable waste management. However, compared to FY 2023-24, where 7,98,493 MT of e-waste was collected and 7,68,406 MT was recycled, there has been a decline in e-waste processing volumes, highlighting the need for greater awareness, infrastructure expansion, and policy interventions.

The government’s push for Extended Producer Responsibility (EPR) and the promotion of formal recycling units have played a key role in reducing landfill pollution, recovering precious metals like gold, silver, and copper, and preventing hazardous substances from contaminating the environment. Moving forward, India aims to strengthen its reverse logistics systems, encourage innovations in e-waste recycling technology, and enhance public-private partnerships to establish a more robust and efficient circular economy framework for electronic waste.

4.    Extended Producer Responsibility (EPR) for Plastics

India has taken proactive measures to tackle plastic pollution by enforcing Extended Producer Responsibility (EPR) policies, which mandate industries to manage the plastic waste they generate. Under this framework, manufacturers, importers, and brand owners are accountable for collecting and recycling plastic waste, thereby promoting a circular economy and reducing environmental damage.

A historic milestone in this journey was achieved on July 1, 2022, when India imposed a nationwide ban on single-use plastics. This step significantly curtailed the production and consumption of items like plastic cutlery, straws, plates, and polythene bags, which were among the major contributors to plastic waste. As a result, there has been a notable reduction in plastic pollution, especially in urban centers and water bodies.

Additionally, India is actively promoting waste-to-value innovations, encouraging biodegradable alternatives, and strengthening plastic waste management infrastructure through recycling hubs, material recovery facilities, and awareness campaigns. With continued efforts, India aims to build a sustainable, plastic-free future, aligning with its broader vision of environmental conservation and resource efficiency.

India’s Leadership in Circular Economy at the Global Level

India’s commitment to a circular economy aligns with global sustainability goals, including the UN Sustainable Development Goals (SDGs) and the Paris Agreement. Through proactive policies and innovative strategies, the country is fostering sustainable production and consumption, accelerating progress towards carbon neutrality, and ensuring the responsible utilization of resources.

The adoption of circular economy principles directly contributes to SDG 12 (Responsible Consumption and Production), SDG 13 (Climate Action), and SDG 14 (Life Below Water). By promoting resource efficiency, waste reduction, and sustainable industrial practices, India is addressing key environmental challenges while driving economic growth. Additionally, through its ambitious carbon neutrality targets, India is integrating circular economy strategies to achieve its 2070 net-zero emissions goal, ensuring a long-term transition towards a low-carbon and resilient economy.

India’s leadership in international collaborations further reinforces its commitment to global sustainability. The country plays a crucial role in negotiations for the Global Plastics Treaty, advocating for a legally binding framework to combat plastic pollution. Additionally, its active participation in regional 3R (Reduce, Reuse, Recycle) initiatives highlights India’s influence in shaping sustainability policies and fostering cross-border cooperation in waste management and resource efficiency. Through these concerted efforts, India is emerging as a global leader in the circular economy, setting an example for other nations to follow.

How Circular Economy Strengthens the Vision of Viksit Bharat

Viksit Bharat envisions India as a developed nation by 2047, built on the pillars of economic resilience, sustainability, and innovation. The circular economy plays a transformative role in achieving this vision by ensuring efficient resource utilization, environmental conservation, and industrial progress.

Enhancing Economic Growth: A circular economy reduces reliance on raw materials by maximizing resource efficiency, leading to cost savings for industries and boosting economic stability. By encouraging reuse, recycling, and sustainable production, businesses can reduce waste and improve profitability, contributing to long-term economic resilience.

Creating Green Jobs: Circular economy initiatives, such as waste management, recycling, and sustainable product development, create millions of employment opportunities in emerging green sectors. From e-waste recycling to composting and sustainable packaging, these initiatives empower local communities and drive inclusive economic growth.

Promoting Energy Security: By harnessing waste-to-energy solutions, India can significantly enhance its renewable energy capacity. Programs like GOBAR-Dhan are transforming organic waste into biogas and bio-fertilizers, reducing dependence on fossil fuels and contributing to clean energy generation, thereby strengthening energy security.

Strengthening Environmental Sustainability: Shifting from a linear to a circular economy helps in reducing pollution, conserving natural resources, and mitigating climate change impacts. Sustainable waste management practices, such as extended producer responsibility (EPR) policies and single-use plastic bans, ensure a cleaner and healthier environment.

Encouraging Technological Innovation: The circular economy fosters technological advancements in recycling, material recovery, and sustainable manufacturing. India’s investment in advanced recycling technologies positions the country as a global leader in green innovations, driving sustainable industrial growth and reinforcing its commitment to Viksit Bharat 2047.

India’s leadership in the circular economy is a testament to its commitment to sustainability and inclusive development. Through landmark policies, global collaborations, and innovative initiatives, India is not only addressing its own waste management challenges but also setting a precedent for the world. The 12th Regional 3R and Circular Economy Forum in Jaipur reinforces India’s proactive stance in promoting resource efficiency, climate resilience, and economic sustainability. As the nation moves towards Viksit Bharat, integrating circular economy principles will play a defining role in building a resilient, prosperous, and environmentally sustainable future for generations to come.

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Policy Imperatives for the Mutual Fund Industry in India https://visionviksitbharat.com/policy-imperatives-for-the-mutual-fund-industry-in-india/ https://visionviksitbharat.com/policy-imperatives-for-the-mutual-fund-industry-in-india/#respond Mon, 03 Mar 2025 11:45:42 +0000 https://visionviksitbharat.com/?p=1301 The mutual fund industry has played a significant role in India’s economic expansion, encouraging financial literacy and fostering investment habits among retail investors. Domestic investors are now the primary force…

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The mutual fund industry has played a significant role in India’s economic expansion, encouraging financial literacy and fostering investment habits among retail investors. Domestic investors are now the primary force driving India’s markets, overshadowing the role of Foreign Institutional Investors (FIIs). With assets under management (AUM) approaching Rs 70 lakh crore and projected to reach Rs 100 lakh crore, the industry must embrace its responsibility to protect small investors and maintain market stability.

The Role of Domestic Investors in Market Stability

Post-COVID-19, domestic investors, particularly through systematic investment plans (SIPs), have bridged the gap left by FIIs. According to AMFI data, retail investors now account for nearly 60% of the total AUM, with SIP contributions exceeding Rs 18,000 crore per month as of January 2025. This shift highlights the growing reliance on local capital, which enhances market resilience against external shocks.

However, market volatility remains a concern, driven by large fund inflows, fear of missing out (FOMO), and speculative trading. The mutual fund industry must implement risk management strategies that educate investors about market cycles and long-term investing principles. Policymakers should collaborate with AMFI to establish stricter disclosure norms, ensuring transparency in fund allocation.

Mitigating Volatility and Protecting Small Investors

Market unpredictability has led to financial crises in the past, emphasizing the need for proactive measures to safeguard retail investors. Key recommendations include:

  1. Investor Education and Financial Literacy: AMFI should lead campaigns promoting financial literacy to prevent impulsive investment decisions based on misinformation. Collaboration with educational institutions and digital platforms can enhance awareness.
  2. Stronger Regulatory Oversight: SEBI and AMFI should reinforce guidelines on algorithmic trading and high-frequency trading, which often amplify volatility. Stricter disclosure requirements for large institutional trades can provide more predictability.
  3. Risk Management Mechanisms: Mutual funds should implement strategies such as dynamic asset allocation and counter-cyclical investment approaches to stabilize market fluctuations.
  4. Encouraging Long-Term Investment: The industry must promote long-term wealth creation over short-term speculative gains. Tax incentives for long-term investors can further encourage stability.

Global Context: The Condition of the USA and China

The global economic landscape is undergoing significant shifts, with major economies like the United States and China facing unique challenges. The U.S. financial markets have seen increased volatility due to concerns over inflation, rising interest rates, and geopolitical tensions, impacting investor sentiment. Meanwhile, China is grappling with slowing economic growth, a struggling real estate sector, and regulatory crackdowns on major industries, leading to a decline in foreign investments. These factors have led to capital outflows from emerging markets, including India, reinforcing the importance of domestic investment to ensure market stability and sustained growth.

The Future of Mutual Funds in India

With private capital expenditure rebounding and government investments increasing, India’s financial markets are poised for sustained growth. The mutual fund industry’s role as a wealth creator necessitates a balanced approach that ensures profitability while maintaining a fair and organized market structure.

The industry must work towards achieving deeper financial inclusion by expanding mutual fund penetration in Tier-2 and Tier-3 cities. Digital onboarding, simplified investment processes, and innovative products catering to diverse investor profiles can accelerate this progress.

As India’s economy evolves, domestic investors will remain the backbone of the financial markets. The mutual fund industry must uphold its duty to protect small investors, ensure market stability, and enhance financial inclusion. By prioritizing investor education, enforcing robust regulatory measures, and fostering a culture of long-term investment, the industry can drive India’s economic growth for the next two decades, shaping a resilient and self-reliant financial ecosystem.

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Unified Payments Interface (UPI): A Model for Global Digital Payments https://visionviksitbharat.com/unified-payments-interface-upi-a-model-for-global-digital-payments/ https://visionviksitbharat.com/unified-payments-interface-upi-a-model-for-global-digital-payments/#respond Fri, 28 Feb 2025 18:28:09 +0000 https://visionviksitbharat.com/?p=1297 Prof. Carlos Montes, who leads the Innovation Hub for Prosperity at Cambridge University Business School, is currently on a visit to India to speak at the NXT event at Bharat…

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Prof. Carlos Montes, who leads the Innovation Hub for Prosperity at Cambridge University Business School, is currently on a visit to India to speak at the NXT event at Bharat Mandapam. Prof. Montes highlighted that UPI presents an opportunity for other countries to learn from India’s digital payment revolution and explore ways to adopt similar systems in their own economies.

The Unified Payments Interface (UPI) has emerged as a revolutionary force in India’s digital payments ecosystem. Its rapid adoption, seamless integration with financial institutions, and global expansion make it a benchmark for countries looking to modernize their payment systems. In January 2025 alone, UPI transactions surpassed 16.99 billion, with a total value exceeding ₹23.48 lakh crore, marking the highest-ever monthly record.

UPI’s Impact on India’s Digital Economy

UPI’s adoption has significantly contributed to India’s economic growth by enhancing financial inclusion, reducing cash dependency, and fostering a robust digital payments ecosystem. In FY 2023-24, UPI accounted for 80% of all retail payments, with transaction volumes exceeding 131 billion and a total value surpassing ₹200 lakh crore. The ease of access and real-time processing have made it the preferred payment mode for individuals and businesses alike.

As of January 2025, UPI is supported by 641 banks and more than 80 third-party applications, reflecting its widespread adoption. The distribution of transactions indicates a growing shift toward digital microtransactions, with 62.35% of UPI transactions comprising Person-to-Merchant (P2M) payments and 37.65% accounting for Person-to-Person (P2P) transfers. Notably, 86% of P2M transactions involve amounts up to ₹500, underscoring the trust consumers place in UPI for everyday small payments. These figures highlight that UPI is not just a platform for high-value transactions but a fundamental tool for daily financial activity across diverse demographics.

Global Recognition and Expansion

The success of UPI has attracted international attention. During his visit to India, Professor Carlos Montes, Lead of the Innovation Hub for Prosperity at Cambridge Business School, commended UPI’s achievements. He emphasized that other nations could learn from India’s experience in building a robust digital payments infrastructure.

India’s digital payment revolution is extending beyond its borders, with UPI now live in seven countries, including the UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, and Mauritius. This global expansion facilitates seamless cross-border transactions for Indian travelers, enhances remittance flows for NRIs and expatriates, and strengthens financial inclusion in partner countries. The success of UPI in international markets not only reinforces India’s position as a global leader in fintech innovation but also sets a benchmark for other nations looking to develop efficient and inclusive digital payment ecosystems.

Government’s Role in UPI Evolution

The Indian government has played a pivotal role in UPI’s rapid adoption and expansion by implementing key initiatives that foster financial inclusion, regulatory support, and technological advancements. By ensuring digital payment accessibility across both urban and rural populations, the government has bridged the financial divide, making seamless transactions possible for all. Regulatory measures have enabled low-cost transactions and eliminated barriers to entry for fintech companies, encouraging innovation and competition in the sector. Additionally, continuous technological upgrades, including the launch of a beta version of the UPI App, have enhanced the user experience, further driving adoption and reinforcing India’s leadership in digital payments.

Future Prospects and Innovations

The Indian government and financial institutions are continuously driving innovations to expand UPI’s reach and impact. The integration of UPI with credit products now allows users to make payments directly from their credit lines, enhancing financial flexibility. Efforts to expand digital payment infrastructure into uncovered regions are ensuring last-mile penetration, bringing the benefits of UPI to remote and underserved areas. Additionally, interoperability with global financial networks is making cross-border transactions more seamless, facilitating international trade and business. These advancements reinforce UPI’s role as a transformative force in India’s digital economy and its growing influence on the global financial landscape.

UPI as a Pillar of Viksit Bharat 2047

UPI has transformed India’s digital landscape, driving financial inclusion and economic efficiency. As a model for digital payments worldwide, its continued growth and innovation will be crucial in achieving the vision of Viksit Bharat 2047—a financially empowered and digitally advanced nation. With international adoption on the rise, UPI is set to redefine global financial transactions, placing India at the forefront of the digital payments revolution.

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Empowering Women Entrepreneurs: A Pathway to India’s Economic Growth https://visionviksitbharat.com/empowering-women-entrepreneurs-a-pathway-to-indias-economic-growth/ https://visionviksitbharat.com/empowering-women-entrepreneurs-a-pathway-to-indias-economic-growth/#respond Fri, 28 Feb 2025 17:52:36 +0000 https://visionviksitbharat.com/?p=1295 Women-led entrepreneurship is a key driver of economic growth and social transformation. Recognizing the untapped potential of women in the business landscape, NITI Aayog, under its State Support Mission, recently…

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Women-led entrepreneurship is a key driver of economic growth and social transformation. Recognizing the untapped potential of women in the business landscape, NITI Aayog, under its State Support Mission, recently organized the Third State Workshop on Enabling Women-led Development through Entrepreneurship in Mizoram. The event, conducted in collaboration with the Women Entrepreneurship Platform (WEP) and the Government of Mizoram, marked a significant milestone in fostering women-led businesses, particularly in the Northeast region.

The Significance of the Women Entrepreneurship Platform (WEP) The Women Entrepreneurship Platform (WEP) serves as a catalyst for empowering women entrepreneurs by offering critical support in areas such as financing, mentorship, market access, and skill development. The launch of the WEP Mizoram State Chapter, the first of its kind in Northeast India, is a groundbreaking initiative aimed at strengthening regional support for women entrepreneurs.

Key Highlights of the Workshop

WEP Mizoram State Chapter: The establishment of a dedicated state chapter will provide women entrepreneurs in the Northeast with access to essential business resources, mentorship, and networking opportunities.

New Shop ATR Launch: As part of the Award to Reward (ATR) initiative, this program aims to boost women entrepreneurs in the retail sector. Selected participants will receive training, mentorship, and financial aid to scale their businesses.

Project Maitri Awards: Recognizing outstanding women homestay entrepreneurs, this initiative provides training and mentorship to promote sustainable tourism ventures in the Northeast.

Launch of WEP App (Beta Version): The newly introduced digital platform will streamline access to funding, mentorship, and business resources, ensuring a seamless support system for women entrepreneurs.

Panel Discussions and Workshops: Covering critical topics such as government policies, financial inclusion, and market expansion, these discussions provided valuable insights to over 500 participants, including women entrepreneurs, students, industry leaders, and government officials.

Technology and Innovation Showcase: The SELCO Foundation curated a tech experience center, highlighting innovative sustainable technology solutions developed by women entrepreneurs in the region.

Policy Implications and Economic Impact The workshop’s success underscores the pivotal role of women entrepreneurship in India’s economic transformation. Several policy takeaways highlight how initiatives like WEP can accelerate economic development:

Boosting Economic Growth: Women-led businesses contribute significantly to GDP growth by driving innovation, creating jobs, and fostering economic inclusivity. Strengthening entrepreneurial ecosystems in states like Mizoram will further unlock economic potential.

Enhancing Financial Access: The government’s focus on financial inclusion and skill development ensures that women entrepreneurs receive the necessary support to scale their businesses and compete in national and global markets.

Encouraging Sustainable Development: Programs like Project Maitri, which promote eco-friendly tourism, and tech-based innovations showcased at the event, align with India’s commitment to sustainable economic growth.

Empowering Rural and Regional Economies: By decentralizing entrepreneurship support and focusing on the Northeast region, WEP is driving inclusive development and reducing economic disparities.

Strengthening Digital Infrastructure: The launch of the WEP App will help bridge the digital divide, providing women entrepreneurs with easy access to mentorship, funding, and business resources.

 

The Third State Workshop on Enabling Women-led Development through Entrepreneurship reaffirms India’s commitment to fostering a robust, inclusive, and resilient entrepreneurial ecosystem for women. With continued government support, strategic partnerships, and policy innovations, women entrepreneurs will play a crucial role in shaping India’s economic trajectory towards Viksit Bharat 2047. The success of the WEP Mizoram State Chapter serves as a model for other states to follow, ensuring that women-led businesses flourish, contributing to the nation’s prosperity and self-reliance.

 

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Rail-Sea-Rail (RSR): Enhancing India’s Energy Logistics https://visionviksitbharat.com/rail-sea-rail-rsr-enhancing-indias-energy-logistics/ https://visionviksitbharat.com/rail-sea-rail-rsr-enhancing-indias-energy-logistics/#respond Fri, 28 Feb 2025 17:38:02 +0000 https://visionviksitbharat.com/?p=1292 The Indian government is making significant strides in optimizing coal transportation through the Rail-Sea-Rail (RSR) mode. With coal movement via RSR nearly doubling from 28 million tonnes (MT) in FY22…

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The Indian government is making significant strides in optimizing coal transportation through the Rail-Sea-Rail (RSR) mode. With coal movement via RSR nearly doubling from 28 million tonnes (MT) in FY22 to 54 MT in FY24, this initiative is set to transform India’s logistics landscape, ensuring efficient coal evacuation while promoting sustainability.

The Need for Rail-Sea-Rail (RSR) Mode in Coal Transportation

India’s growing energy demands necessitate a seamless, cost-effective, and environmentally sustainable coal transportation system. Traditionally, the all-rail route (ARR) has been the primary mode of coal transportation, leading to network congestion, higher logistical costs, and increased carbon emissions. The RSR mode, integrating rail and coastal shipping, provides a viable alternative by decongesting the railway network and leveraging maritime infrastructure for bulk cargo movement.

Key Benefits of the RSR Mode

1. Cost Competitiveness and Efficiency

The latest decision by Indian Railways to allow telescopic benefits in freight rates for coal transported via RSR mode is a game-changer. Previously, coal transported in two legs (mine to unloading port and loading port to power plant) was charged separately for each leg, increasing costs. The telescopic benefit consolidates freight charges, significantly reducing transportation costs and making RSR a more competitive option for coal evacuation.

2. Decongesting Railways and Enhancing Capacity

The ARR mode often faces congestion due to high coal transportation demand, causing delays and inefficiencies in freight movement. The increased use of RSR alleviates this pressure by diverting a significant portion of coal transportation through coastal routes, allowing Indian Railways to optimize its network and improve overall freight services.

3. Environmental Sustainability

The RSR model contributes to India’s sustainability goals by reducing the carbon footprint of coal transportation. Coastal shipping is inherently more fuel-efficient than rail transport, leading to lower greenhouse gas emissions. The shift towards RSR aligns with India’s commitment to sustainable development and cleaner logistics solutions.

4. Strengthening Maritime Infrastructure and Coastal Economy

With the increased adoption of RSR mode, India’s coastal ports and shipping infrastructure will receive a significant boost. The expansion of port facilities, investment in coastal shipping, and integration of rail connectivity with maritime logistics will generate employment, enhance regional economies, and support India’s vision of becoming a global logistics hub.

Impact on India’s Economic Growth

The adoption of RSR mode for coal transportation has far-reaching economic implications:

Boosting Energy Security: Ensuring uninterrupted coal supply to power plants enhances energy security and supports industrial growth.

Improving Logistics Competitiveness: Reduced transportation costs will contribute to overall cost efficiencies in power generation and allied industries.

Enhancing Port Utilization: Increased coal movement via ports will drive investments in coastal shipping infrastructure, fostering maritime trade.

Supporting Make in India and Atmanirbhar Bharat: A robust logistics ecosystem strengthens India’s manufacturing sector by ensuring reliable and cost-effective energy supply.

The government’s focus on Rail-Sea-Rail (RSR) mode as an alternative coal transportation strategy is a significant step towards a resilient, efficient, and sustainable logistics framework. With supportive policies such as telescopic freight benefits and increased coal movement through coastal shipping, India is poised to enhance its energy security, reduce logistics costs, and propel economic growth. Strengthening the RSR mode will not only support India’s coal sector but also pave the way for a more integrated and future-ready multimodal logistics network, essential for achieving the vision of a Viksit Bharat by 2047.

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India’s Electronics Industry: A Roadmap to Becoming a Global Export Hub https://visionviksitbharat.com/indias-electronics-industry-a-roadmap-to-becoming-a-global-export-hub/ https://visionviksitbharat.com/indias-electronics-industry-a-roadmap-to-becoming-a-global-export-hub/#respond Mon, 24 Feb 2025 21:22:31 +0000 https://visionviksitbharat.com/?p=1269 India’s electronics exports have witnessed unprecedented growth. In 2015, the sector ranked 167th in export volume, whereas in 2025, it is projected to rank second.   India’s electronics industry is…

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India’s electronics exports have witnessed unprecedented growth. In 2015, the sector ranked 167th in export volume, whereas in 2025, it is projected to rank second.

 

India’s electronics industry is poised for a transformative leap, with the ambition of becoming a global leader in manufacturing and exports. Union Minister of Commerce & Industry, Shri Piyush Goyal, emphasized the need for resilient supply chains, quality enhancement, and competitive pricing to establish India as a one-stop shop for electrical goods. With an ambitious target of achieving USD 100 billion in international trade exports over the next seven years, India’s electronics sector is set to redefine its global standing.

Strengthening Supply Chains and Enhancing Quality Standards

For India to achieve this ambitious target, the industry must prioritize the creation of robust and resilient supply chains. The COVID-19 pandemic exposed vulnerabilities in global supply networks, emphasizing the need for localized manufacturing capabilities. By focusing on backward integration, India can reduce dependency on imports, particularly for critical components like semiconductors and printed circuit boards (PCBs).

India must also upgrade its quality standards to ensure global competitiveness. Organizations like the Bureau of Indian Standards (BIS) and the Indian Electrical and Electronics Manufacturers’ Association (IEEMA) should work in tandem with industry stakeholders to align domestic production with international benchmarks such as IEC and ISO certifications. High-quality goods at competitive rates will help India position itself as a reliable alternative to global players like China and Taiwan.

Balancing Industry Growth and Consumer Interests

Minister Goyal highlighted the importance of striking a balance between protecting the domestic industry and ensuring consumer benefits. While policies supporting the MSME sector are essential for industrial growth, excessive protectionism can hinder competition and innovation. The electronics industry must work towards increasing efficiency, lowering production costs, and leveraging economies of scale to provide affordable yet high-quality products to both domestic and international consumers.

Rapid Growth in Electronics Exports

India’s electronics exports have witnessed unprecedented growth. In 2015, the sector ranked 167th in export volume, whereas in 2025, it is projected to rank second. The monthly export volume of electronic goods in January 2025 alone stood at USD 3 billion. This growth has been fueled by government initiatives such as the Production Linked Incentive (PLI) scheme, which has encouraged domestic manufacturing and foreign investment.

Expansion of Infrastructure and Workforce Development

A significant factor contributing to India’s electronics growth is the rapid expansion of transmission infrastructure and renewable energy capacity. Over the past decade, the industry has doubled its transmission network and installed renewable energy capacity, providing a strong foundation for sustainable industrial growth. Additionally, the establishment of 1,800 Global Capability Centres (GCCs) has played a crucial role in research, development, and innovation within the sector.

With one of the world’s largest pools of STEM graduates, India is well-positioned to develop a future-ready workforce. Government-backed initiatives such as the Skill India Mission and the National Policy on Electronics (NPE) 2019 aim to bridge the skill gap and promote technological advancements in the sector.

India as a Trusted Global Partner

The theme of ‘Bharat – The Vishwa Mitra’ underscores India’s vision of engaging with the world on an equitable and mutually beneficial basis. India’s commitment to fair trade practices, along with its emphasis on high-quality manufacturing, positions it as a trusted global partner.

Through flagship initiatives like ‘Digital India,’ ‘Make in India,’ ‘Design in India,’ and ‘Serve from India,’ the government is fostering an ecosystem that encourages innovation, enhances local production, and integrates India into global value chains.

Policy Interventions and Future Roadmap

To achieve the USD 100 billion export target, India needs a comprehensive policy framework addressing:

  1. Incentivization of Domestic Manufacturing: Strengthening the PLI scheme and promoting R&D investments.
  2. Infrastructure Development: Expanding industrial clusters and enhancing logistics efficiency.
  3. Trade Facilitation: Reducing tariff barriers and negotiating favorable trade agreements.
  4. Technology Adoption: Encouraging AI, IoT, and automation in electronics manufacturing.
  5. Sustainability Initiatives: Promoting green manufacturing and energy-efficient production processes.

 

India’s ambition to become a global hub for electronics manufacturing and exports is backed by strong policy support, industrial expansion, and workforce development. By fostering innovation, strengthening supply chains, and maintaining high-quality standards, India can not only achieve its export targets but also establish itself as a formidable player in the global electronics market. The coming decade will be crucial in shaping India’s trajectory as a leader in the international electronics trade.

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From Space to Biotechnology: India is a Global Powerhouse https://visionviksitbharat.com/from-space-to-biotechnology-india-is-a-global-powerhouse/ https://visionviksitbharat.com/from-space-to-biotechnology-india-is-a-global-powerhouse/#respond Mon, 24 Feb 2025 21:03:08 +0000 https://visionviksitbharat.com/?p=1266 Indian bioeconomy has experienced an exponential rise, growing from $10 billion in 2014 to nearly $140 billion today, with projections to reach $250 billion in the coming years. India is…

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Indian bioeconomy has experienced an exponential rise, growing from $10 billion in 2014 to nearly $140 billion today, with projections to reach $250 billion in the coming years.

India is no longer just a follower; it has emerged as a global leader, setting benchmarks and pioneering innovations across multiple fields. From space exploration to biotechnology and nuclear energy, the country is redefining its position on the world stage. India is now offering leadership, breaking barriers, and shaping the future across sectors.

India’s Space Leadership

India’s space sector has undergone an unprecedented transformation, marked by a surge in ambitious missions and international collaborations. The Space Docking Experiment (SpaDeX) stands as a testament to India’s technological progress, paving the way for future space missions, including Gaganyaan, Chandrayaan-4, and the Bharatiya Antariksh Station, which will serve as India’s own international space station. India has also emerged as a preferred destination for satellite launches, earning global credibility. The nation has successfully launched 433 foreign satellites, of which 396 were deployed in the last decade alone, generating $157 million and €260 million in revenue from 2014-2023. The historic success of Chandrayaan-3, which made India the first country to land near the Moon’s south pole, has positioned ISRO at the forefront of lunar exploration. Leading space agencies, including NASA, are now awaiting India’s findings from the Moon’s southern pole, underscoring India’s rising dominance in space research.

COVID-19 Vaccine and First Herpesvirus Vaccine

India has demonstrated its leadership in vaccine research and development by becoming the first country to develop a DNA-based COVID-19 vaccine. Further strengthening its position in preventive healthcare, India has also introduced the world’s first herpesvirus vaccine for cervical cancer. These breakthroughs reflect the nation’s growing prominence in biotechnology and medical research, contributing significantly to global healthcare innovation.

Bioeconomy Booms From $10 Billion to $140 Billion

The Indian bioeconomy has experienced an exponential rise, growing from $10 billion in 2014 to nearly $140 billion today, with projections to reach $250 billion in the coming years. The number of biotech startups in India has skyrocketed from just 50 in 2014 to nearly 9,000, establishing the country as a global hub for biotech innovation. In bio-manufacturing, India now ranks third in the Asia-Pacific region and 12th globally, with its influence continuing to expand at a rapid pace.

Space Biology: Expanding Research Beyond Earth

India has taken a significant step in space biology, laying the foundation for human survival beyond Earth. ISRO and the Department of Biotechnology have signed an MoU to advance space biotechnology research, focusing on growing plants in space to sustain long-term space missions. The study of space medicine and human physiology in extraterrestrial environments has become a critical area of research, positioning India as a global standard-setter rather than just a participant.

Nuclear Energy: Powering a Sustainable Future

India’s nuclear energy program, once met with skepticism, is now recognized for its peaceful and sustainable ambitions. The country has set an ambitious target of 100 gigawatts of nuclear energy by 2047, aiming to reduce carbon emissions by 50%. This commitment is influencing global climate strategies, and the world has come to acknowledge India’s nuclear policy, which was envisioned by Dr. Homi Bhabha for peaceful purposes, as a model for responsible energy development.

Poised to Lead the World in Scientific Publications by 2030

India’s scientific research output is gaining global recognition, with the country now ranked fourth worldwide in scientific publications. If current trends persist, India could surpass the United States to become the world’s top-ranked country in scientific research by 2030. This remarkable progress reflects India’s growing research ecosystem and its commitment to fostering innovation across multiple disciplines.

India’s space economy is set to grow five to ten times in the next decade, further cementing its leadership in science and bio-manufacturing. The rapid ascent of India’s economy is evident in its global rankings, including its 12th position in bio-manufacturing and fourth place in scientific research publications. The integration of cutting-edge technology and policy-driven initiatives ensures that India continues to lead on multiple fronts.

A New Global Order with India at the Helm

The clock has turned 360 degrees. Earlier, we learned from others; now, the world is looking up to us. The traffic is both ways.” India’s rise is no longer about catching up—it is about leading the world in science, space, healthcare, and sustainability. With a vision for innovation and excellence, India is poised to shape the global future across all critical sectors.

 

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India’s Supply Chain Revolution: Modi’s Roadmap to Global Excellence https://visionviksitbharat.com/indias-supply-chain-revolution-modis-roadmap-to-global-excellence/ https://visionviksitbharat.com/indias-supply-chain-revolution-modis-roadmap-to-global-excellence/#respond Mon, 24 Feb 2025 05:11:10 +0000 https://visionviksitbharat.com/?p=1250 According to the World Bank’s Logistics Performance Index (LPI) 2023, Indian ports have reduced their average turnaround time to 0.9 days, which is better than many developed nations, including the…

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According to the World Bank’s Logistics Performance Index (LPI) 2023, Indian ports have reduced their average turnaround time to 0.9 days, which is better than many developed nations, including the United States (1.5 days), Germany (1.3 days), and Australia (1.7 days).

Efficient logistics infrastructure is a key driver of economic growth, trade competitiveness, and industrial expansion. Recognizing this, the Modi government has undertaken a series of transformative initiatives aimed at enhancing India’s logistics sector. These reforms have significantly improved India’s ranking in the World Bank’s Logistics Performance Index (LPI), demonstrating the nation’s growing efficiency in global trade. In the 2023 LPI, India moved up to the 22nd rank in the International Shipments category and secured the 38th rank overall. The turnaround time at Indian ports has improved dramatically to 0.9 days, surpassing developed nations like the USA, Germany, and Canada. These achievements underscore the effectiveness of policies and infrastructure advancements initiated under the Modi government.

1. Sagarmala Programme: Enhancing Port-led Development

The Sagarmala Programme, launched in 2015, is a flagship initiative aimed at transforming India’s logistics sector by leveraging its vast coastline and inland waterways. This port-led development strategy focuses on modernizing port infrastructure, increasing efficiency, and reducing logistics costs. The programme has led to the development of new deep-draft ports, expansion and modernization of existing ports, and increased private sector participation through public-private partnerships (PPP). By enhancing multimodal connectivity, Sagarmala ensures seamless cargo movement through integrated rail, road, and inland waterway linkages.

A significant achievement of the programme is the improvement in port turnaround time—a key metric for logistics efficiency. According to the World Bank’s Logistics Performance Index (LPI) 2023, Indian ports have reduced their average turnaround time to 0.9 days, which is better than many developed nations, including the United States (1.5 days), Germany (1.3 days), and Australia (1.7 days). The programme also promotes coastal shipping and inland water transport, reducing dependence on road freight and cutting down logistics costs. With over 800 projects worth ₹5.48 lakh crore planned under Sagarmala, the initiative is set to further strengthen India’s position as a global maritime hub.

2. Bharatmala Pariyojana: Revolutionizing Road Connectivity

The Bharatmala Pariyojana, launched in 2017, is a comprehensive road infrastructure programme designed to enhance highway connectivity, reduce transportation costs, and improve freight movement across India. With a planned investment of over ₹10 lakh crore, Bharatmala is transforming the country’s logistics landscape by constructing expressways, economic corridors, border and coastal roads, and feeder routes.

A major focus of the programme is on developing 35,000 km of highways, including 24 multi-modal logistics parks and economic corridors that connect industrial clusters, ports, and consumption centers. By reducing travel time and optimizing supply chains, Bharatmala directly impacts India’s LPI ranking. Improved road infrastructure has led to faster freight movement, lower vehicle operating costs, and increased trade competitiveness. Additionally, Bharatmala enhances port connectivity through the development of road links to major ports, enabling smoother movement of goods. The reduced reliance on congested highways and the increased adoption of access-controlled expressways contribute to faster, more reliable logistics.

3. PM Gati Shakti: A Unified Approach to Infrastructure Development

The PM Gati Shakti National Master Plan (NMP), launched in 2021, is a transformational initiative integrating various infrastructure projects across multiple ministries to achieve synchronized development. This digital, data-driven platform enables real-time coordination between road, rail, port, and air transport networks, ensuring that infrastructure projects are aligned for maximum efficiency.

One of the key benefits of PM Gati Shakti is the reduction of logistics bottlenecks, which were previously caused by fragmented planning and implementation. By streamlining approvals, eliminating inefficiencies, and improving intermodal logistics, the initiative ensures seamless movement of goods. PM Gati Shakti plays a crucial role in boosting India’s LPI ranking by reducing transit time for freight movement across major corridors, enhancing last-mile connectivity to industrial parks, logistics hubs, and ports, facilitating faster project execution through better coordination among different government departments, and encouraging investments in modern logistics infrastructure such as automated warehouses, inland container depots, and freight terminals.

With an emphasis on multi-modal logistics integration, PM Gati Shakti ensures that railways, highways, waterways, and airways work in tandem to support economic growth. It also strengthens India’s competitiveness in global trade, positioning the country as a preferred investment destination for manufacturing and exports.

4. Maritime Amrit Kaal Vision 2047: A Blueprint for the Future

The Maritime Amrit Kaal Vision 2047 is a long-term strategic framework designed to revolutionize India’s maritime sector, aligning with the principles of the blue economy. This vision serves as a comprehensive roadmap to enhance port infrastructure, modernize operations, and promote sustainability, ensuring that India remains competitive in global trade and logistics. India’s major port capacity has increased from 871 MTPA in 2014 to over 1,600 MTPA in 2023, marking a 90% growth in under a decade. The Jawaharlal Nehru Port (JNPT) Terminal has become 100% automated, reducing container dwell time by 30%, and India’s ranking in the Liner Shipping Connectivity Index (LSCI) has improved from 44th in 2014 to 22nd in 2023, reflecting enhanced global trade efficiency. With maritime investments worth ₹10 lakh crore planned by 2047, the focus will be on green energy, automation, and port-led development. Coastal cargo traffic has also witnessed a 65% increase, growing from 74 MTPA in 2015 to 123 MTPA in 2023, significantly improving domestic trade connectivity.

A key component of the vision is the expansion of port capacity, which is being achieved through greenfield and brownfield developments. Greenfield projects involve constructing entirely new ports with world-class facilities, while brownfield projects focus on upgrading existing ports to improve efficiency and accommodate larger cargo volumes. To enhance operational efficiency, the vision promotes automation and digitization of port operations, integrating smart technologies like AI-driven logistics management, automated container handling, and real-time tracking systems. Sustainability is another major pillar of this vision, with initiatives such as the development of hydrogen hubs, renewable energy adoption at ports, and eco-friendly shipbuilding practices. By reducing carbon emissions and promoting green shipping, India is setting an example for sustainable maritime development. Through greater international engagement, including participation in global maritime forums and fostering trade partnerships, the Maritime Amrit Kaal Vision 2047 seeks to establish India as a dominant force in the world’s maritime economy.

5. Logistics Efficiency Enhancement Programme (LEEP): Integrating Transport Networks

The Logistics Efficiency Enhancement Programme (LEEP) is an ambitious initiative that aims to streamline India’s logistics network by integrating different modes of transport and improving supply chain efficiency. Given the rising demands of domestic and international trade, LEEP focuses on reducing logistics costs, increasing transparency, and minimizing delays through advanced planning and digitization. As a result of LEEP, India’s logistics cost as a percentage of GDP has decreased from 14% in 2014 to 8.5% in 2023, improving global trade competitiveness. The average truck speed has increased from 25 km/h to 50 km/h, reducing transit time by 40%, while 35 Multi-Modal Logistics Parks (MMLPs) have been developed at strategic locations to integrate road, rail, and air cargo networks. To further strengthen the logistics framework, cold storage capacity has increased by 45%, supporting better supply chains in industries such as agriculture and pharmaceuticals. Additionally, RFID-based tracking systems have been deployed at all major ports and toll plazas, leading to a 30% reduction in logistics delays.

One of the key aspects of LEEP is enhanced warehouse management, ensuring optimal storage and faster dispatch of goods. The program encourages the development of state-of-the-art logistics parks, automated storage solutions, and temperature-controlled warehouses to support industries like pharmaceuticals, agriculture, and manufacturing. By fostering public-private partnerships and attracting investments into logistics infrastructure, LEEP is transforming India’s supply chain ecosystem. These measures have directly contributed to India’s improved ranking in the Logistics Performance Index (LPI) by making freight movement faster, cost-efficient, and more transparent.

6. Dedicated Freight Corridors (DFCs): Transforming Rail Logistics

The Dedicated Freight Corridors (DFCs) initiative is a game-changer for India’s rail-based logistics, enhancing cargo transportation efficiency while reducing congestion on passenger train routes. Recognizing that rail transport is a cost-effective and sustainable alternative to road transport, the government has invested heavily in developing dedicated freight corridors to handle bulk cargo movements more efficiently. The Eastern DFC (1,337 km) and Western DFC (1,506 km) are 80% complete as of 2024, with full operation expected by 2025. Freight train speeds have increased from 25 km/h to 70 km/h, reducing travel time by 40%, and the DFCs are already handling over 180 million tonnes of cargo annually, utilizing 50% of their capacity. Furthermore, the electrification of DFCs has reduced diesel consumption by 75%, significantly lowering carbon emissions. Indian Railways aims to shift 50% of total freight to DFCs by 2030, which is expected to cut logistics costs by 25%.

The Eastern DFC, running from Punjab to West Bengal, is designed to cater to coal, iron ore, and steel traffic, supporting industries in mineral-rich states. The Western DFC, stretching from Jawaharlal Nehru Port (Mumbai) to Uttar Pradesh, primarily serves containerized cargo, facilitating seamless trade movement between India’s largest port and key industrial regions. By enhancing connectivity between industrial hubs, ports, and consumption centers, the DFCs improve India’s trade competitiveness and facilitate smoother export-import operations.

7. Multimodal Logistics Parks (MMLPs): Driving Integrated Supply Chains

The establishment of Multimodal Logistics Parks (MMLPs) under the Logistics Efficiency Enhancement Programme (LEEP) is transforming India’s freight movement by integrating rail, road, air, and waterways into a seamless logistics ecosystem. These logistics hubs consolidate cargo handling and storage facilities, leading to faster delivery, lower transit costs, and reduced congestion on transport networks. The government aims to develop 35 MMLPs across key industrial corridors, with an estimated investment of ₹50,000 crore. As of 2024, 15 MMLPs are under construction, with major projects in Chennai, Bengaluru, Guwahati, and Nagpur nearing completion. The first MMLP in Jogighopa (Assam), covering 317 acres, is expected to handle 13 lakh metric tonnes of cargo annually, significantly boosting trade in the Northeast.

MMLPs provide state-of-the-art warehousing, cold storage, container terminals, and customs clearance facilities, enabling businesses to reduce inventory carrying costs by 25%. By integrating different transport modes, MMLPs help in cutting logistics costs, which have already declined from 14% of GDP in 2014 to 8.5% in 2023. With India’s freight traffic projected to reach 15 billion tonnes by 2050, these parks play a crucial role in ensuring that supply chains remain efficient and cost-effective.

8. Green Logistics and Sustainable Practices

India has taken a sustainability-first approach in its logistics development, promoting eco-friendly transport modes and adopting green energy solutions. The government has prioritized coastal shipping and inland waterways development to reduce dependency on road transport, which is a major contributor to carbon emissions. Coastal cargo movement has increased by 65%, from 74 MTPA in 2015 to 123 MTPA in 2023, reducing road congestion and fuel consumption. National Waterway-1 (Ganga) and National Waterway-2 (Brahmaputra) have witnessed a fivefold increase in cargo movement, reaching 10 million tonnes in 2023.

A significant push has been made for the electrification of railways, with 85% of India’s railway network electrified as of 2023, reducing reliance on fossil fuels and cutting carbon emissions by 33 million tonnes annually. The adoption of LNG-powered trucks and solar-powered logistics hubs further strengthens India’s commitment to green logistics. The government has set a target to make 100% of India’s major ports carbon-neutral by 2047, and several ports, including JNPT and Paradip Port, have already started running on renewable energy.

The implementation of energy-efficient warehouses and the promotion of electric vehicles (EVs) for last-mile delivery are additional measures supporting sustainable logistics. India’s Green Ports initiative has led to the installation of shore-to-ship power supply systems, reducing emissions from docked vessels by 60%. These initiatives not only align with India’s net-zero goals but also enhance the country’s reputation as a leader in sustainable trade practices.

9. Global Maritime India Summit (GMIS) 2023: Attracting Investments

The Global Maritime India Summit (GMIS) 2023 was a landmark event that reinforced India’s growing prominence in the global maritime sector. The summit, attended by more than 10,000 delegates from over 70 countries, secured investment commitments worth ₹10 lakh crore, demonstrating global confidence in India’s logistics and maritime capabilities. The event saw the signing of 360 Memorandums of Understanding (MoUs) across various domains, including port modernization, shipbuilding, logistics digitization, and green shipping solutions.

Among the major investments, JNPT secured ₹70,000 crore for expansion projects, while the Chennai-Kanyakumari industrial corridor attracted ₹40,000 crore in port-led development. Additionally, the Indian Register of Shipping (IRS) signed agreements with international shipbuilders, fostering technological exchange and innovation in ship design and maritime safety. GMIS 2023 also facilitated the launch of India’s first Hydrogen-Powered Port Initiative, aligning with the Maritime Amrit Kaal Vision 2047.

India’s ranking in the Liner Shipping Connectivity Index (LSCI) has improved from 44th in 2014 to 22nd in 2023, reflecting enhanced port efficiency and global trade connectivity. With global shipping giants such as Maersk and DP World expanding their Indian operations, the country is fast emerging as a preferred destination for maritime trade and investment. The summit’s impact extends beyond financial commitments—it serves as a platform for policy discourse, international collaborations, and strategic planning, ensuring that India’s maritime sector continues to thrive in the years to come.

India’s improved ranking in the World Bank’s Logistics Performance Index reflects the success of the Modi government’s strategic interventions in the logistics sector. By focusing on infrastructure expansion, technological integration, and policy reforms, India has positioned itself as a global logistics powerhouse. The continued execution of visionary initiatives like PM Gati Shakti, Bharatmala, Sagarmala, and Maritime Amrit Kaal Vision 2047 will further enhance India’s competitiveness, ensuring sustainable economic growth and global trade leadership.

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How Modi Government’s Biotech Initiatives are Transforming North East India https://visionviksitbharat.com/how-modi-governments-biotech-initiatives-are-transforming-north-east-india/ https://visionviksitbharat.com/how-modi-governments-biotech-initiatives-are-transforming-north-east-india/#respond Sun, 23 Feb 2025 03:27:00 +0000 https://visionviksitbharat.com/?p=1241   By fostering collaborations between 65+ institutions in the NER and leading research centers across India, the initiative has strengthened the region’s biotech ecosystem.   The North East Region (NER)…

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By fostering collaborations between 65+ institutions in the NER and leading research centers across India, the initiative has strengthened the region’s biotech ecosystem.

 

The North East Region (NER) of India is a treasure trove of biodiversity. Home to unique flora and fauna, indigenous knowledge systems, and a vibrant cultural heritage, the region has long been recognized for its ecological significance. However, under the visionary leadership of Prime Minister Narendra Modi, NER’s potential is being transformed from a biodiversity hotspot into a thriving bioeconomy hub, unlocking unprecedented opportunities for sustainable growth and innovation.

Biotechnology: A Game Changer for North East India

Biotechnology is reshaping the economic and social fabric of NER by harnessing its rich bio-resources for research, entrepreneurship, and community development. With a strategic focus on research-driven innovation, skill development, and value-added bio-based products, the Modi government has ensured that biotechnology is at the forefront of North East India’s transformation.

Key Initiatives Driving the Bioeconomy Revolution

R&D Programme: Bridging Knowledge and Innovation

Launched in 2010-11, the Twinning R&D Programme for NER has catalyzed over 650 research projects, benefiting approximately 450 researchers and 2000 young scholars. By fostering collaborations between 65+ institutions in the NER and leading research centers across India, the initiative has strengthened the region’s biotech ecosystem. These partnerships have paved the way for high-impact research in medicinal plants, sustainable agriculture, and bio-based industries.

Establishment of Biotech Hubs: Expanding Research Infrastructure

Since 2011, the Department of Biotechnology (DBT) has established 126 Biotech Hubs across NER. These hubs serve as centers of excellence, providing state-of-the-art infrastructure, technical training, and research facilities. In the second phase, 54 hubs have been further supported for focused research and training, ensuring that local challenges are addressed with homegrown solutions.

Biotechnology Labs in Senior Secondary Schools (BLiSS): Nurturing Young Minds

To instill a scientific temperament from an early age, the BLiSS program, initiated in 2014, has set up biotechnology labs in senior secondary schools across the NER. By providing students with access to modern biological sciences laboratories, this initiative is fostering the next generation of bio-scientists and entrepreneurs.

Visiting Research Professorship (VRP) Programme: Leveraging Expertise

Started in 2015, the VRP Programme has brought distinguished scientists to North East India’s universities and research institutions. These experts have played a crucial role in mentoring young researchers, introducing cutting-edge biotechnological advancements, and strengthening academic excellence.

Empowering Farmers and Entrepreneurs: Bioeconomy in Action

Agricultural Biotechnology: Enhancing Crop Resilience and Productivity

Biotechnology has led to the development of bacterial blight-resistant rice varieties such as ‘Patkai’, introduced by Assam Agricultural University. This innovation ensures better yields and higher resilience to diseases, directly benefiting farmers by reducing losses and enhancing profitability.

Medicinal Plant Cultivation: Turning Tradition into Enterprise

With 64.1 acres dedicated to captive cultivation of high-value medicinal plants like Curcuma caesia and lemongrass, the NER is witnessing a bio-based agricultural revolution. Training programs have benefited 649 farmers and entrepreneurs, empowering them to produce and market essential oils, herbal extracts, and nutraceuticals.

Citrus Research: Revitalizing Indigenous Horticulture

To strengthen citrus farming, DBT-supported research at the Institute of Horticulture Technology, Assam, has led to the development of virus-free rootstocks for Khasi mandarin and sweet orange. This initiative has not only improved citrus productivity but also ensured disease-free propagation of native fruit varieties.

Biotech in Animal Husbandry: Digital Tools for Veterinary Success

The launch of the Pig Disease Diagnosis Expert System (PDDES), a mobile application available on Google Play Store, is a significant step towards improving veterinary health in NER. This AI-driven tool assists farmers and veterinarians in diagnosing and managing pig diseases, ensuring healthier livestock and increased productivity.

Human Health and Biotech Innovation: The NER Approach

Genomics-Driven Research in Human Health & Disease

Since 2016, DBT-NIBMG has been providing training in genomics-based biomedical research. This initiative equips scientists, research students, and clinicians in the NER with expertise in molecular genetics, enabling them to contribute to advanced healthcare solutions.

Chemical Ecology Programme: Interdisciplinary Training for Young Scientists

The DBT-funded Chemical Ecology Programme has facilitated collaborations between institutions in the NER and Bangalore-based research centers. Through hands-on training, young scientists are being equipped with interdisciplinary skills, positioning them to lead in the emerging bioeconomy sector.

Transforming Biodiversity into Bio-Wealth

  • Development of Blight-Resistant Rice: ‘Patkai’ rice variety ensures food security and resilience for farmers.
  • Breakthrough in Animal Health: A rapid detection test for brucellosis enhances livestock disease management.
  • Value-Added Products from Wild Apple: Farmers in Assam and Meghalaya are now producing jams, pickles, and juices from Docynia indica, creating new revenue streams.
  • Essential Oil Industry: A distillation unit in Arunachal Pradesh supports farmers in commercializing medicinal plant extracts.

A Sustainable Future for North East India

The Modi government’s vision for North East India extends beyond conservation; it is about leveraging biotechnology for inclusive development. By investing in research, infrastructure, and skill development, the region is being transformed into a dynamic hub of bio-innovation and entrepreneurship. As biodiversity meets biotechnology, North East India is no longer just a region of natural abundance—it is becoming a beacon of sustainable growth, self-reliance, and global competitiveness.

With continued support and policy-driven momentum, North East India’s bioeconomy is poised to become a cornerstone of ‘Viksit Bharat’—a developed India by 2047.

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