Examining the Impact of Economic Growth and Policy Stability on India's Vision for Viksit Bharat by 2047
Year: 2025
Type: article
Abstract: India has established long-term objectives, aspiring for development by 2047, referred to as "Viksit Bharat." This paper examines significant economic factors pertinent to India's trajectory towards this vision, including growth, investments, employment, and the global technological shift. The study examines India's fiscal fundamentals, structural transformation, investments in clean technology, and financial inclusion to empower its populace. It also delineated the concept of corporate social responsibility (CSR), the obligation to invest in MSME businesses, and the transition to sustainable practices across various industries. This study evaluates the present success and future growth prospects by utilizing secondary data and reports to provide policy recommendations for India as it strives for a sustainable and inclusive future. The study indicates the necessity for inter-sectoral collaboration and the formulation of progressive policies that promote Viksit Bharat pathways and development while maintaining environmental sustainability.
Author: Dr. Sherumal Pandhari Shende
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6949316205
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