In recent years, the corona epidemic has devastated the economy of many countries. After recovering from this, many countries of the world are facing new challenges. India has also been no exception to this. To become a developed country by 2047, India has to focus on many issues. Finance Minister Nirmala Sitharaman said in her statement on Monday that Prime Minister Narendra Modi has set an ambitious target of making India a developed country by 2047. However, a lot of things will have to be reshaped to achieve this goal. In this, digitization, education, and infrastructure are the most important instruments. That is, on the basis of their performance, our dream of becoming a developed country will be fulfilled.
Speaking at the Elara Capital event, Sitharaman said that despite various global challenges, the Indian economy is on the path of growth at the fastest pace as compared to other major economies. For this, many efforts have been made by the government. On the question of reforms and development for the next 25 years, She said that by the time India celebrates the first century of independence, we have to fix a lot of things so that we can become a developed country by then. The government is developing digitization, education, and more and more infrastructure so that the hinterland of the country does not remain isolated from the cities. On the question of the government's plan to increase the tax-GDP ratio, the Finance Minister said that increasing the tax base is an issue that needs a lot of consultation and analysis. But, we want to make sure that this will be done in a more proper manner and with the help of technology.