India’s Finance Minister, Nirmala Sitharaman, highlighted the government’s focus on four key principlesāinfrastructure, investment, innovation, and inclusivenessāto propel India towards becoming a developed nation by 2047. Sitharaman underscored India’s capacity to achieve this goal, aided by investor-friendly reforms, a vibrant youth population, and a commitment to upskilling. She elaborated on the four “Is”: infrastructure, with significant public expenditure on infrastructure development; investment, encouraging both public and private sector participation; innovation, fostering innovation in areas such as space and clean energy; and inclusiveness, ensuring that every section of society benefits from economic reforms and schemes. The government aims to create a conducive environment for private investment while promoting digital infrastructure and emerging technologies.
Finance Minister Emphasizes Four ‘Is’ to Propel India Towards Development by 2047
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