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Vision India 2047

Source: The Hindu
GS II: Governance


Overview

Vision India 2047
Image by Shiva Reddy from Pixabay
  1. News in Brief
  2. About Vision India@ 2047

Why in the News?

The government is finalising a national vision plan to make India a developed nation by 2047 and ensure that the country does not slip into a middle-income trap that several countries have fallen into at similar stages of development.

News in Brief

  • Expect to unveil the plan within the next three months.
  • NITI Aayog is giving the finishing touches to the plan called ‘Vision India@ 2047’ that has been in the works for almost two years and was presented to the Cabinet Secretary.
  • The vision aims to create an action plan and under the plan, a road map will be created for each sector.
About Vision India@ 2047

  • The idea will help commemorate India’s 100 years of freedom.
  • There will be goals for it that must be accomplished in 25 years.
  • First, it will open up Indian purchases of foreign defence equipment.
  • It will increase India’s independence. Restructuring the public sector banks is the goal.
  • The goal of the initiative is to combine three or four large banks.
  • Its goal is to create complexes of semiconductors.
  • The procedures used by the government must be revised.
  • It will end the needless meddling that the government does in the lives of its people.
  • Ten labs are to be constructed in the field of research and technology.
  • India is going to become a capital of skills.

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