The roadmap stands to inform and guide the way for India to become a higher-income country by 2047
Economic Advisory Council to Prime Minister on Tuesday released the Competitiveness Roadmap for India@100. It was launched at a grand event was released by Dr Bibek Debroy, Chairman EAC-PM, Amitabh Kant, Sherpa, G20, and saw participation of Sanjeev Sanyal, Member, EAC-PM and Christian Ketels, Professor at Havard Business School. The roadmap stands to inform and guide the way for India to become a higher-income country by 2047.
The event was addressed by all the participants, who shed light on framing of the report. “True change comes from the mind. We have to create a roadmap for changing time, flexibility should be priority. “Our proposals are to change the thinking across government. We all have to understand our place in this puzzle, which is the key challenge for competitiveness upgrading.” noted Ketles.
Christian Ketels
The report lays clear policy goals, principles and way to drive India’s economy towards resilient and sustainability while promoting inclusivity. The roadmap presents an integrated agenda of prioritised initiatives based on a thorough examination of India’s present economic state and competitive advantages. Building on the many reforms your government has enacted over recent years, it addresses both what actions India needs to prioritize now and how it needs to organize itself to deliver these actions effectively. The idea is to work on shared prosperity, this includes job creation, gender equality, and fair income distribution. The agenda for the India@100 report is to address these issues. To achieve this feat, the leaders at the discussion proposed cross-sectoral collaboration, which is the need of the hour.
Highlight of the event was a panel discussion on ‘The Next Big Step’, addressing the audience, Director, India Country Office, BMGF, Hari Menon spoke on change driven by philanthropy, “There are 4 broad areas relevant for philanthropic foundations, one is shared prosperity and inclusive social progress, second is relative silos between social and economic actors, third is to selectively develop some special sectors we already have strengths in, eg pharmaceuticals, digitization, etc. and risk taking in philanthropy.”
Adding to the discussion, Sumanth Sinha, CEO, RenewPower, said” In terms of climate change and renewable, in terms of climate change the message is loud and clear to corporates that we have to mend our ways. We have to bring in civil society as well to bring about a change. The 450GW renewable aim of government is not going to enough, our demand will be more.” There is however global pressure to decarbonize, which will also promote green hydrogen.