The real challenge of Viksit Bharat@2047

The primary hurdle of the 2047 development goal lies in job creation for surplus agricultural workers and fresh workforce entrants

There is a great deal of discussion these days about the government’s announced ambition about Viksit Bharat@2047, which is to make India a developed country by 2047. The bulk of these discussions tend to focus on achieving an average economic growth rate higher than 7 per cent per year over the next few years, in order to increase our per capita annual income from the current $2,500 to the high-income level of $14,000.  The threshold for categorising a country as developed is higher and often set at $22,000, which if India is to reach by 2047, would