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Analyze the strategic priorities outlined in the Union Budget 2024-25 to achieve 'Viksit Bharat 2047'. How do these priorities contribute towards making India a developed entity by 2047? Discuss with examples.

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Category: Economy (GS -III),

Test Date: 24 Jul 2024

Approach:

  • Introduction: Briefly introduce the concept of 'Viksit Bharat 2047' which aims to make India a developed entity by 2047 across various dimensions of development.
  • Overview of Strategic Priorities: Summarize the strategic priorities outlined in the Union Budget 2024-25:
    • Productivity and resilience in Agriculture
    • Employment & Skilling
    • Inclusive Human Resource Development and Social Justice
    • Manufacturing & Services
    • Urban Development
    • Energy Security
    • Infrastructure
    • Innovation, Research & Development
    • Next Generation Reforms
  • Contribution towards Making India a Developed Entity: For each strategic priority, discuss how it contributes towards achieving the goal of 'Viksit Bharat 2047':
    • Example Approach: Explain with examples or initiatives under each priority how they enhance economic growth, social progress, environmental sustainability, and governance reforms.
    • Example: Under Employment & Skilling, initiatives like 'Skill India' and sector-specific skilling programs contribute to reducing unemployment and improving workforce productivity, thereby boosting economic growth.
  • Sum up your answer with way forward

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