New Delhi — Prime Minister Narendra Modi, in a recent high-level interview, has signaled a massive shift in India’s economic trajectory. Characterizing the current era as a “fully prepared” moment for the nation, the PM outlined how the latest Budget is more than just a yearly plan—it is a blueprint for becoming a superpower by 2047.
Trade on India’s Terms
India is no longer just a participant in global trade; it is becoming a rule-maker.
38 Country Deals: India is currently negotiating Free Trade Agreements (FTAs) with 38 nations.
The Strategic Win: These deals are being designed on India’s own terms, specifically to boost the Textile, Leather, and MSME sectors.
The 7% Growth Target
Despite global economic headwinds, the Prime Minister highlighted that India’s potential growth rate is set to maintain a steady 7%. This stability is fueled by two primary pillars:
Massive Digital Infrastructure: Solidifying India’s position as a global digital leader.
Strategic Investment: A focus on long-term capital and infrastructure rather than short-term fixes.
“Just as the 1990s redefined post-independence India, today’s decisions are laying the foundation for 2047.” — PM Narendra Modi
Strengthening the Frontlines
A significant portion of the roadmap focuses on national security. The PM emphasized that the government is committed to increasing defense spending to ensure the armed forces remain modern, world-class, and robustly equipped.
A Challenge to the Private Sector
The Prime Minister issued a clear call to action for India’s private industry:
Innovation and Scale: The next phase of “Viksit Bharat” depends on private investment in R&D and global competitiveness.
Inclusive Growth: As production scales and profits rise, the PM urged companies to share dividends appropriately with their employees.
The Bottom Line:
This vision suggests a future defined by “Made in India” opportunities, a surge in digital-first jobs, and a concerted push to bring local manufacturing to the global stage.
(With Inputs from PTI interview with Pm Modi)
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