Image Source: Economic Times
As India approaches its 100th anniversary of independence, the nation is quickly gearing up to rule the world economy. The Union Budget 2025-26 projects a vision of "Viksit Bharat" by 2047 with inclusive growth, innovation, and infrastructure.
Key Highlights:
Mega Infrastructure: Record investments power roads, airports, smart cities, and green power, with 208 mega projects worth ₹15.4 lakh crore in the pipeline.
Four Growth Drivers: MSMEs, agriculture, investments, and exports are the growth drivers, supported by urban development, power, and tax reforms.
Social Impact: Targets for zero poverty and shared prosperity aim towards strategic education, health, skilled labor force, and women's empowerment goals.
Sustainability: India now stands in the top 100 of the Sustainable Development Report, which indicates enhancement in clean energy and green infrastructure.
Prospects With strategic level reforms, mega projects, and a focus on innovation, India will become a global economic superpower on its centenary, revolutionizing world trade, technology, and development.
Sources: Union Budget 2025-26, NBM&CW, Sustainable Development Report 2025
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