Vision India/Viksit Bharat@2047

Vision India/Viksit Bharat@2047 -विज़न इंडिया/विकसित भारत@2047

Viksit Bharat@2047 is a visionary initiative by NITI Ayog aimed at transforming the nation into a developed powerhouse by the year 2047 , which marks the 100th anniversary of India’s independence.

The project aims to make

-India a global leader in innovation and technology, a model of human development and social welfare, and a champion of environmental sustainability

-Achieving a USD 30 trillion economy with a per-capita income of USD 18,000-20,000 and strong public finances and a robust financial sector.

- Becoming self-reliant in defence and space sectors and enhancing India’s role in the world.

-Fostering green growth and climate action by increasing renewable energy capacity and reducing carbon emissions.

-Empowering the youth with skills and education and creating more employment opportunities.

-Partnering with foreign R&D organizations to build top 10 labs in the country and bringing at least 10 Indian institutions among the top 100 globally.

-Building world-class infrastructure and facilities in both rural and urban areas.

-Eliminating unnecessary interference by the government in the lives of citizens and promoting digital economy and governance.

S&P estimates that India's nominal GDP will rise from USD 3.4 trillion in 2022 to USD 7.3 trillion by 2030.

India's GDP is expected to overtake Japan and Germany by 2030.

Thus Viksit Bharat @2047 is a comprehensive vision to make India a developed nation by 2047, the 100th year of independence.

The vision encompasses various aspects of development, including economic growth, social progress, environmental sustainability, and good governance.

Answer the following

Q. Why did human development fail to keep pace with economic development in India? (250 words) (15 marks) IAS MAINS 2023

Q.When was new institution 'NITI Aayog' constituted in place of 'planning Commission'? ( MPPSC-2023)

(a) 31 March , 2014 (b) 15 March , 1950

Ans: C 1 january, 2015

Q-With reference to India's Five-Year Plans, which of the following statements is/are correct? . (IAS Pre 2019)

1. From the Second Five-Year Plan, there was a deterniined thrust towards substitution of basic and capital good industries.

2. The Fourth Five-Year Plah adopted the objective of correcting the earlier trend of increased concentration of wealth and economic power.

3. In the Fifth Five-Year Plan, for the first' time, the financial sector was included as an integral part of the Plan .

Select the correct answer using the code given below.

(a) 1 and 2 only (b) 2 only (c) 3 only (d) 1, 2 and 3

ANSWER: The correct option is A -1 and 2 only

-The financial sector was included as an integral part of Plan from the 4th FYP - where 14 banks were Nationalised.

Q- ‘In the context of the neo-liberal paradigm of developmental planning, multi-level planning is expected to make operations cost-effective and remove many implementation blockages’- Discuss (15 marks) (IAS Mains 2019)

Q- Despite Consistent experience of high growth, India still goes with the lowest indicators of human development. Examine the issues that make balanced and inclusive development elusive. (10 Marks) (IAS Mains 2019)

Q-Among several factors for India’s potential growth, savings rate is the most effective one. Do you agree? What are the other factors available for growth potential? (Answer in 150 words) (IAS Mains 2017)

Q-The period of the 12^th five- year plan is ( MPPSC PRE- 2017)

Q- Which is meant by Green Accounting? (please answer in 1or2 lines) ( MPPSC MAINS- 2018)

Q- Analyze why Indian economy is considered as planned developing economy. (please answer in 100 words) ( MPPSC MAINS- 2018)

Q-Analyze the prospect of Twelfth plan in the light of its drivers of growth and growth targets for the plan. (please answer in 300 words) ( MPPSC MAINS- 2018)

Q- What do you mean by ‘Regional Imbalances’? (please answer in 1or2 lines) ( MPPSC MAINS- 2017)

Q- How can regional imbalances be improved in India? (please answer in 100 words) ( MPPSC MAINS- 2017)

Q-With reference to 'Financial Stability and Development Council', consider the following statements : (IAS Pre-2016)

1. It is an organ of NITI Aayog.

2. It is headed by the Union Finance Minister.

3. It monitors macroprudential supervision of the economy.

Which of the statements given above is/are correct? ….Economics

(a) 1 and 2 only (b) 3 only (c) 2 and 3 only (d) 1, 2 and 3

Answer . c

Q-Explain the measures taken by government to eleminateinequalitites in income distribution in India. (please answer in 100 words) (MPPSC Mains-2018)

Q-Critically evaluate various problems and challenges faced by our Indian Economy. (please answer in 100 words) (MPPSC Mains-2018)

Q-Explain the present main challenges of Indian economy. (please answer in 1or2 lines) (MPPSC Mains-2017)

Q- Explain the factors of Economic development. (please answer in 100 words) (MPPSC Mains-2017)

Q- What is faster inclusive growth? How it has helped unemployment reduction (in 12^thfive year plan) of the country? (MPPSC Mains-2017)

Q- With reference to ‘National Investment and Infrastructure Fund’, which of the following statements is/are correct? (IAS Pre 2017)

1. It is an organ of NITI Aayog.
2. It has a corpus of Rs. 4, 00,000 crore at present.

Select the correct answer using the code given below:
(a) 1 only,(b) 2 only,(c) Both 1 and 2,(d) Neither 1 nor 2

ANS – D