India wants to be a developed nation by 2047. Here are 4 critical areas Modi can't ignore
Publishing timestamp: 2024-06-20 05:40:24
Summary
Analysts believe that for India to achieve its goal of becoming a developed economy by 2047, improvements in infrastructure, manufacturing capabilities, and employment rates are crucial. The Modi-led coalition may face challenges in restoring faith in the people and maintaining India's standing in the Global South. The government will need to focus on infrastructure development, structural reforms, and job creation, particularly in the semiconductor industry. Unemployment and skills mismatch are major issues that need to be addressed, along with attracting foreign direct investments to drive economic growth. Despite challenges, market experts remain bullish on India's potential for growth.
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Keywords: jobs, asia economy, cnx nifty index, elections, dsp s&p bse sensex etf, micron technology inc, s&p bse sensex total return index, india, business news,