Remain infrastructure development, eradication of poverty and unemployment, improving access to ucation, healthcare and crit, strengthening the country’s lower and middle class, technological advancement in the digital economy and a self-reliant, import-substituting economy with green and sustainable development. ‘The arrow shot by the archer may or may not kill a single person. But stratagems devis by wise men can kill even babies in the womb.’ – Kautilya The conventional Indian Economic Framework of the duality between state-interventionist, socialist principles and private, capitalist enterprise is past it’s time.
The New Indian Economic Framework fortifies greater privatization, fosters innovation through advancement in digital technology, and a service-bas market economy, integrating India’s position in the world economy. Infrastructure Development: With increasing capital allocation toward infrastructural development and urban whatsapp mobile number list connectivity every budget, infrastructure remains a key driver of economic growth. The infrastructure capex for FY stands at lakh crore ( of GDP), with an allocation of lakh crore to boost urban connectivity via several road, railways, and metro projects as well as ports and petroleum pipelines. years is expect to boost GDP growth directly, and indirectly through multiplier effects on private consumption expenditure and private investment.’ – Chief Economic Adviser, Anantha Nageswaran The implementation of the PM Gati Shakti-National Master Plan will facilitate the efficient movement of capital, labor, goods, and services.
Greater connectivity through an efficient, integrat network between metropolitan cities, and rural areas stimulates rapid economic growth. The development of new airports and increas cargo handling capacity strengthens India’s expansion plans. Trade and International Outlook: A resilient supply-chain with well-develop ports and strategic partnerships strengthens international trade and world-connectivity. With the intent of leveraging the global environment for national interests, India’s foreign policy aims to strengthen international relations and establish global alliances. This serves the interests of multilateral-trade agreements, economic development, cross-border capital flows, and energy security.