Hindu Editorial Analysis : 16-September-2024

India’s recent declaration to become a developed nation by 2047 has reignited discussions about what it truly means to be a developed country. This goal aligns with the centenary of India’s independence and serves as a motivating factor for the nation’s growth and development.

Understanding Developed Countries

A “developed country” typically refers to a nation with a high standard of living, strong economy, and advanced infrastructure. While there isn’t a single definition, some key benchmarks include:

  • High Quality of Life: Citizens enjoy good living conditions, health care, and education.
  • Economic Indicators: Countries often have a high Gross Domestic Product (GDP) and Gross National Income (GNI) per capita. For instance, the World Bank considers nations with a GNI above $13,845 as high-income countries.
  • Robust Infrastructure: Developed nations have efficient transportation systems, reliable power grids, and modern communication networks.
  • Environmental Stewardship: These countries prioritize sustainability and environmental protection through various initiatives.
  • Technological Advancement: Cutting-edge technology is widely accessible, facilitating daily life and business.

Bridging the Gap: India’s Goals

India’s ambition to reach developed status by 2047 requires significant efforts in various areas:

Economic Growth
  • Sustained Growth: India needs to maintain an annual growth rate of at least 8%. Projections indicate it could become the third-largest economy by 2030.
Infrastructure Development
  • Modernization: Continued investment in roads, railways, and digital networks is essential for connectivity and progress.
Education and Healthcare
  • Quality Access: Providing quality education and healthcare is crucial for fostering a skilled workforce.
Environmental Responsibility
  • Sustainable Practices: India should adopt clean energy solutions and focus on environmental conservation.
Inclusive Development
  • Addressing Inequality: It’s important to reduce poverty and ensure that all citizens benefit from development.

Opportunities for India

India has numerous opportunities that can aid its journey towards becoming a developed nation:

  • Demographic Dividend: With a young population, India can harness this potential through education and job creation.
  • Thriving IT Sector: Continued investment in technology can propel the economy forward.
  • Entrepreneurship: Supporting startups can drive innovation and create employment.
  • Global Collaborations: Partnerships with other nations can enhance knowledge sharing and economic growth.

Challenges and Solutions

Despite these opportunities, India faces several challenges on its path to development:

Population Management
  • Resource Strain: A large population can stretch resources thin. Sustainable management strategies are necessary for equitable growth.
Addressing Inequality
  • Income Disparities: Targeted policies are needed to uplift marginalized communities and promote social justice.
Rural Development
  • Balancing Growth: With a projected 40% urban population by 2030, it’s vital to address the infrastructure and healthcare gaps in rural areas. Empowering rural communities through education and skill development is key.
Bureaucracy and Corruption
  • Efficient Governance: Streamlining administrative processes can reduce red tape and promote transparency.
Education and Health
  • Quality Education: Reforming the education system is essential for developing a skilled workforce. Vocational training and digital literacy must be prioritized.
  • Healthcare Improvement: Enhancing healthcare infrastructure and access to services is crucial for a healthy population.
Infrastructure Connectivity
  • Ongoing Development: While progress has been made, modernizing transportation and digital infrastructure remains a priority. Investments in these areas will fuel economic advancement.

Why In News

India’s recent announcement of its goal to become a developed country by 2047 has sparked a renewed debate on what defines a developed nation and the key parameters necessary to achieve this status, prompting discussions about the specific economic, social, and environmental benchmarks that must be met along the way.

MCQs about India’s Path to Becoming a Developed Country by 2047

  1. What is one of the key indicators for classifying a country as developed, according to the World Bank?
    A. High literacy rate
    B. GNI per capita above $13,845
    C. Strong military presence
    D. Cultural heritage sites
    Correct Answer: B. GNI per capita above $13,845
    Explanation: The World Bank classifies countries with a Gross National Income (GNI) per capita above $13,845 as high-income countries, which is one of the criteria for being considered developed.
  2. Which of the following is NOT mentioned as a key feature of developed countries?
    A. Quality of life
    B. Advanced technology
    C. Agricultural dependence
    D. Industrialization
    Correct Answer: C. Agricultural dependence
    Explanation: Developed countries typically have moved beyond agrarian economies and exhibit industrialization, advanced technology, and a high quality of life.
  3. What does India need to maintain to potentially become the third-largest economy by 2030?
    A. An annual growth rate of at least 8%
    B. Increase its agricultural output
    C. Reduce its population growth
    D. Limit urban development
    Correct Answer: A. An annual growth rate of at least 8%
    Explanation: For India to become the third-largest economy by 2030, it is crucial to sustain a high annual growth rate, specifically at least 8%.
  4. What is a significant challenge India faces on its path to becoming a developed nation?
    A. High levels of tourism
    B. Efficient bureaucracy
    C. Income inequality
    D. Global partnerships
    Correct Answer: C. Income inequality
    Explanation: Addressing income inequality is a major challenge for India, requiring targeted policies to uplift marginalized communities and promote social justice.

Boost up your confidence by appearing our Weekly Current Affairs Multiple Choice Questions

Loading