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Govt laying process of development beyond election cycles: Vaishnaw

Business Standard LogoBusiness Standard10h ago

Govt laying process of development beyond election cycles: Vaishnaw - Business Standard

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The government is laying the process of development which is 'beyond the cycle of elections' for India to be able to grow six to seven times the current level to become a developed nation by 2047, Union Minister Ashwini Vaishnaw said on Tuesday.

Addressing a symposium by the Indian Foundation for Quality Management (IFQM), the Minister for Railways, Information and Broadcasting, and Electronics & IT, said one of the key elements of the government's goal of a developed nation is having "a very inclusive and harmonious society".

For India to become a developed nation by 2047, the target for measurable parameters is "USD 18,000 per capita income and USD 30 trillion nominal GDP", he said.


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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 12:12:28 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 462 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23068737

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Official Website: business-standard.com

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