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  3. INDIA WILL CONTINUE TO MOVE TOWARDS VIKSIT BHARAT

INDIA WILL CONTINUE TO MOVE TOWARDS VIKSIT BHARAT

Indian government has chosen the path of reforms over rhetoric to make Viksit Bharat (Developed India) 2047 a reality by its 100th independence anniversary.

BY Sapna Srivastava
Published - Friday, 20 Mar, 2026
INDIA WILL CONTINUE TO MOVE TOWARDS VIKSIT BHARAT

The shift from “rhetoric to reforms” seems largely true substantial structural, digital, and bureaucratic changes since 2014. However, the ambitiousness of the goal makes it subject to both optimistic projections and critical scrutiny regarding implementation challenges. India today stands at a pivotal moment. Economic growth remains among the fastest in the world, infrastructure creation is visible across upcoming highways, rail & metros, airports, and industrial corridors. While, India’s digital public infrastructure has become a global case study. These are not incremental gains - they reflect a country willing to think at scale. There have been a substantial structural, digital, and bureaucratic changes since 2014, however, the Viksit Bharat 2047 goal faces considerable implementation challenges.

India’s Development Paradox
The government has set a, “bold, structural roadmap” for 2047, but the journey involves navigating significant, tangible, and complex economic, social, and infrastructural challenges. Ambitious goals alone do not define development - consistency, inclusion, and institutional depth do. Demographic Dividend: One of the most talked about advantages of India’s growth story is its demographic dividend. A young population can be a powerful engine of growth—but only if it is productively employed. The uncomfortable reality is that job creation has not kept pace with aspirations. The challenge is no longer unemployment alone, but underemployment and skill mismatch. A developed nation is not built merely on degrees, but on employable skills, adaptability, and continuous learning. Rising Urbanization: Urbanisation presents another paradox. Cities are expanding rapidly, becoming centres of consumption, innovation, and opportunity. At the same time, they are under severe stress. Housing shortages, infrastructure gaps, traffic congestion, and environmental degradation threaten urban liveability. The success of Viksit Bharat will depend on whether India can shift from reactive urban expansion to planned, people-centric city development—where housing, transport, and employment grow in tandem. Socio-economic Development: Economic development without social balance is equally fragile. Regional disparities between states, and income inequality within cities, risk creating parallel Indias—one aspirational and globally connected, the other excluded and vulnerable. Bridging this gap requires more than welfare; it demands investment in quality education, accessible healthcare, and strong local governance that delivers outcomes, not just intent. Climate Risk: Going Green at national level is no longer an option. Climate change is here and real. It is no longer a future concern—they are current constraints and hit poor and marginal the hardest. Water scarcity, heatwaves, and air pollution already impact productivity and health. The opportunity lies in India’s ability to embed sustainability into growth—through renewable energy, climate-resilient infrastructure, and responsible urban planning—rather than treating it as an afterthought. Execution Test: Finally, the credibility of the Viksit Bharat vision rests on execution. There in doubt, sync between the central and state governments is paramount for all-inclusive growth of the nation. Though, current government policies are increasingly forward-looking, their success depends on consistency, transparency, and coordination across institutions. Investors, entrepreneurs, and citizens alike seek predictability and trust in systems. The idea of Viksit Bharat has captured the national imagination. Yet, beyond the slogan, the journey towards a developed India demands an honest examination from government and the governed - of what it will take to get there.

Not a Finish Line But a Long Race
Viksit Bharat 2047 cannot be seen as a destination with a fixed deadline, it is a continuous process of reform, recalibration, and resilience. The real measure of success will not be headline-growth numbers, but whether economic progress translates into dignity, opportunity, and quality of life for all Indians. Development, after all, is meaningful only when it is shared. The idea of Viksit Bharat has captured the national imagination. It is a phrase that promises prosperity, global relevance, and a better quality of life for over a billion citizens. Yet, beyond the optimism and rhetoric, the journey towards a developed India demands a sharper, more honest examination of what development truly means—and what it will take to get there

The “Rhetoric” Concerns

digital Public Infrastructure (DPI): The widespread adoption of Aadhaar, UPI, and Direct Benefit Transfer (DBT) has significantly reduced leakages, with savings estimated at ₹3 lakh crore. Fiscal and Tax Reforms: The introduction and refinement of the Goods and Services Tax (GST) have expanded the taxpayer base to over 1.5 crore. The introduction of new Income Tax Act, abolishing the 1961 Act, helps simplify tax laws. Ease of Doing Business (EoDB): Over 47,000 compliances have been reduced, simplified, or decriminalized by late 2025. Consolidating 29 labor laws into four increases flexibility. Sectoral Reforms: In agriculture sector, there is a move towards digital land records (SVAMITVA) and direct income support (PM-Kisan). Opening the nuclear sector to private and foreign investment will boost clean energy. The “Make in India” initiative, supported by Production-Linked Incentive (PLI) schemes, has increased Foreign Direct Investment (FDI).

The “Rhetoric” Concerns
Employment Creation: Despite growth, the formal job market has not kept pace with the workforce increase, leading to a high share of self-employed workers (58%) rather than regular salaried jobs. Execution Gaps: While central policies are robust, execution at the state and local levels often lags and execution failures. Implementation of Reforms: Key reforms, such as the new Labor Codes, have faced delays in implementation across different states. GDP Growth Trap: Experts warn that transitioning from a developing to a developed nation requires sustaining a 7-10% annual GDP growth rate for two decades, a significant challenge given global economic volatility.

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