Sign In
Learn bits
Index & Reports
Mahesh

03/09/22 05:39 AM IST

Competitiveness Roadmap for India@100

In News 
  • Economic advisory council to PM and Institute for competitiveness has released “Roadmap for Better Growth- India @100”, to enable India to become a high-income country by 2047.
Major Findings 
  • The inequality in India has increased sharply since 2000 in contrast with most other countries in the world.
  • India has scored low marks in almost all social progress categories for nourishment, education, gender equality, and healthcare.
Solutions 
  • Structural Transformation 2.0: Creating new jobs using sector-specific and region-specific initiatives (e.g. PLI for different sectors, Mega food parks for different regions)
  • Convergence of programs and initiatives (including public-private participation)
  • Reduce social and institutional barriers for citizens (g. reducing discrimination in jobs, increasing safety for women, ease travelling experiences e.g. women given free transport in Delhi DTC buses)
  • Enable competition in the market (e.g. greater competition in e-commerce is profitable for citizens)
4S Principle 
  • Shared Prosperity: Opportunities should be shared across every section of society
  • Social Prosperity: i.e. Economic Growth should match social development
  • Sustainable Prosperity: i.e. economic progress should be environmentally sustainable
  • Solid Prosperity: Economic system should be resilient to shocks
Source- Business Standard 

More Related Current Affairs View All

10 Jan

Rural landowners in Delhi want repeal of Sections 33 and 81 of Delhi Land Reforms Act

'Both sections dealing with the use and sale of agricultural land have come under the spotlight ahead of the Delhi Assembly elections.' This can only be done by the Central gove

Read More

10 Jan

Pravasi Bharatiya Diwas

'Prime Minister Narendra Modi inaugurated the 18th edition of the Pravasi Bharatiya Diwas  in Bhubaneswar.' The event is held once every two years to “honour the cont

Read More

10 Jan

Deciphering the Indus script

'Recently, Tamil Nadu Chief Minister M.K. Stalin announced a $1-million prize for experts or organisations in the event of their success in deciphering the scripts of the Indus Val

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps