Introduction The economic transformation of India hinges on the empowerment of its rural economy, aiming to elevate productivity through targeted interventions. The seamless integration of rural and urban economies can unlock immense potential for sustainable development, job creation, and inclusive growth. Achieving the vision of a developed India necessitates a…
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Impact Investing: Bridging Profit and Purpose
Impact investing is a growing field in the investment landscape that seeks to generate not only financial returns but also measurable social and environmental benefits. This dual-purpose approach is transforming how investors think about their capital, moving beyond traditional philanthropy and socially responsible investing (SRI) to integrate deep, systemic change…
Trade, tech & sustainability: Engines for long-term growth
Finance and Corporate Affairs Minister Nirmala Sitharaman is poised to set a historical precedent. When she presents the complete Union Budget for 2024-25 on July 23, she will become the first finance minister to present seven consecutive budgets. The Interim Budget of February underscored the government’s commitment towards realising the…
Industry hopes for sustained growth, competitiveness & building inclusion
The Union Budget 2024-25 has a special significance. It comes at a time when the Indian economy is in top gear, having clocked a stellar 8.2 per cent growth for 2023-24. The forthcoming Budget should sustain this growth momentum. Being the first Budget of the new government, it should set…
Inclusive Growth and Development in the Region: Role and Voice of the Global South
India’s wider periphery, which includes South Asia, Southeast Asia, portions of Africa, and the Middle East, is one of the world’s most active and lively economic regions. However, inclusive growth, gender equality, and universal digital and financial access remain significant challenges. Addressing these challenges necessitates substantial investments in infrastructure, cross-border…
Charting a Course for India@100
As India approaches its centenary celebration in 2047, the vision of India@100 represents a commitment to long-term, inclusive progress. The nation’s path to this milestone necessitates a multifaceted approach centered on increasing competitiveness, embracing sustainability, and driving globalization. Planning a course for India@100 necessitates a comprehensive and integrated strategy. Both…
Empowering Women in STEM: Breaking Barriers and Shaping Futures
The Current LandscapeWomen now make up about 29% of the global STEM workforce, with over one million women in STEM occupations. However, this percentage reflects slow progress toward gender parity. The representation of women in STEM fields remains uneven across different disciplines. For example, in the US, while women make…
The Potential of Electric Vehicles in India: Challenges and Opportunities
India, the third-largest vehicle market globally, is undergoing a significant shift towards electric vehicles (EVs) to create a cleaner and more environmentally friendly future. With an ambitious goal of making 30% of all vehicle sales electric by 2030, the country is poised for a transformative journey. The Promise of Electric…
Building a Future on Four Pillars: Employability, Entrepreneurship, Education, and Employment
With its youthful and vibrant population, India is at a critical point. More than 62% of the population is of working age, with more than half under the age of 25. This demographic dividend presents numerous opportunities, but maximizing its value requires a deliberate focus on four interrelated pillars: employability,…
Semiconductor Manufacturing: A Path to Sustainable Economic Growth for India
The semiconductor industry, often hailed as the backbone of modern electronics, is pivotal for global economic growth and technological advancement. Recognizing this necessity, India has embarked on a long-term venture to establish itself as a significant player in the semiconductor manufacturing industry. This journey, while laden with challenges, holds immense…