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What does Mr. Manoj wants for India? [Copy link] 中文

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Post time 2010-2-12 12:05:02 |Display all floors
There you go, Mr. Manoj!
A thread of discussion for India!

What do you want India to be in the 2009-2018 period!
What do you expect India will be like in 2019-2028 period!


come on, give up your input......
you are Indian, you understand your own people, and what they aspire!

Tell us more!



Green DRagon
Game Master

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Post time 2010-2-12 12:34:13 |Display all floors

Well the target had always been 2020

However these are important parameters and development  to be achieved for period with in 2028

This include a rapid rise in levels of education, high rates of technological innovation and application, ever faster and cheaper communication that dissolves physical and social barriers both within countries and internationally, greater availability and easier access to information, and the further opening up of global markets. These trends are representative of a relative shift in the engines that drive development from manufacturing to the services sector and from capital resources to human and knowledge resources. Technology, organisation, information, education and productive skills will, therefore, play a critically decisive role in governing the future course of development.

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Post time 2010-2-12 12:36:49 |Display all floors

GDP target

The growing influence of these factors, acting on the foundation of India’s increasingly dynamic and vibrant economic base, lend credence to the view that India can achieve and sustain higher than historical rates of economic growth in the coming decades. The compounded effect of
achieving the targeted annual GDP growth rate of 8.5 to 9 per cent over the next 20 years would result in a quadrupling of the real per capita income and almost eliminating the percentage of Indians living below the poverty line. This will raise India's rank from around 11th today to 4th
from the top in 2020 among 207 countries given in the World Development Report in terms of GDP. Further, in terms of per capita GDP measured in ppp India's rank will rise by a minimum of 53 ranks from the present 153 to 100. This will mean, India will move from a low income country
to an upper middle income country. This is a very real possibility for us to seize upon and realise.

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Post time 2010-2-12 12:41:10 |Display all floors

Innovation is the Key

A large number of the country’s engineering colleges need to be upgraded to quality standards nearer to those of India’s world-class IITs. India’s expenditure on R&D, which is currently 1/60th that of Korea, needs to be considerably enhanced. Another essential requirement is to improve the linkage between technology development and technology application by fostering close ties between basic research and business.

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Post time 2010-2-12 12:43:41 |Display all floors

Food security

India needs to sustain an agricultural growth rate of 4.0 to 4.5 per cent in order to reduce food insecurity and poverty, while increasing rural purchasing power. At this growth rate, agricultural development could more rapidly diversify into horticulture, fishery, dairying, animal husbandry and other areas. It would also spur the growth of agro-processing industries in rural areas. Such an achievement is well within reach, provided there is the requisite commitment to raising crop productivity through dissemination of advanced technologies; increasing investment in irrigation, research and training; water harvesting and improved access to credit.

While food production should be able to comfortably meet the total domestic demand, there will still be sections of the population that require assistance in order to meet their nutritional requirements. In view of the high cost and inefficiency of the public food distribution system,
reform should directly target the most vulnerable sections, which can be more effectively accomplished through programmes such as food vouchers or food stamps. For the vast majority of the population, food security can best be achieved by ensuring creation of gainful employment opportunities for all job seekers.

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Post time 2010-2-12 12:49:24 |Display all floors

Trend

The World Bank estimates that India will possess the fourth largest economy in the world by 2020. The emerging global scenario will open up greater opportunities for countries with a surplus of well-educated, highly skilled labour that can provide an attractive commercial environment
for the outsourcing of manufacturing and service businesses from high and even middle income countries.

India’s recent boom in outsourcing of IT services, further facilitated by declining costs of international communication and transportation, only points to the wide range of economic opportunities existing in the manufacturing and service businesses. At the same time, the pressure
for export of highly educated and highly skilled individuals will also increase, so that a significant migration of scientific, engineering and medical talent is likely to continue. Steps however need to be taken to ensure that such migration is not detrimental to the country’s development.
Export of services is a field in which India can excel. Computerisation, coupled with lowcost global telecommunications are generating rapid growth of trade in service businesses, such as software and IT enabled services.

This trend will further accelerate, opening up vast opportunities for countries with the capacity to deliver low-cost, high-quality services. India already commands an impressive 18.5 per cent share in the global market for customised software and the Indian software industry is the fastest growing in the world. A NASSCOM-McKinsey report estimated that by 2008, the global market for IT enabled services alone will exceed $1,000 billion, and that India’s export of IT services will exceed $50 billion, which is double the country’s total export of goods and services in 2000.

In addition, India’s established credentials in IT and IT enabled services can be leveraged to develop a competitive advantage in other fields, including other branches of engineering, branches of scientific research, especially biotechnology, medicine, pharmaceuticals,
and agriculture, as well as education. Performance in these sectors will depend on the country’s capacity to generate larger numbers of well-educated and competent scientists, engineers and professionals.

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Post time 2010-2-12 12:50:46 |Display all floors

FDI

The enlargement of the international capital market will open up increasing opportunities for India to attract foreign direct and institutional investment. Foreign direct investment (FDI) expanded globally from $159 billion in 1991 to $1,270 billion in 2000, but with an increasing proportion of these flows moving between developed nations. During this period, FDI flows toIndia increased six-fold to $2.3 billion, which represents less than 0.2 per cent of global FDI.

The amount of capital globally available will continue to grow, but improvements in infrastructure and elimination of bureaucratic barriers will be major determinants of India’s success in attracting a greater share of FDI flows. The size and prosperity of China’s non-resident population has been a vital link for the channelling of technology, investment and business back to the mainland. A similar mobilisation of India’s expatriate population could have momentous impact on the inflow of FDI in 2020. Likewise, multinational investments in India should be encouraged, especially in technology-intensive sectors where they can supplement and strengthen India’s technological capabilities.

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