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India @75: The path ahead with possibilities

  India is the leading powerhouse country, not only in the Indian subcontinent but also all across Asia. The nation celebrates its 75th Independence Day on August 15, 2021, led by Prime Minister Narendra Modi. Several programs and schemes are already in place for the country to commemorate the martyrs who sacrificed their lives for the freedom movement. At the same time, it offers a unique opportunity to look inwards and forge a path to a better, advanced India in the coming years.

The 75th year of Independence comes at a crucial venture. India, along with the world is reeling from the global pandemic outbreak. The country is a pioneer at vaccination, with the quick commercial release of two types - Covaxin and Covishield. Still, managing a huge population and vaccinating them is a mammoth task. However, in the 75th year of independence, India is rising up to the challenge quite efficiently. The goal is to inoculate most of the Indian citizens by the end of 2021.

For the past couple of years, India had to undergo sporadic mandatory lockdown to prevent a complete breakdown of the fragile medical system. It had a major negative impact on the economic condition of the whole country. The Small and Medium Scale Enterprises (SMEs) are the worst affected sector resulting in a poor condition for a major chunk of the population. Coming out of this slump is going to be the primary challenge for the country.

The growth prediction of the country is still really low compared to the last few years. The Indian government is opting for various measures and reforms to correct the status. Injecting resources in the market, with a reduced rate for borrowing money is proving to be helpful in this regard. These steps were long in the making too. The prime minister had a plan to renew the strong position of India on a global scale by 2022. For this, the Niti Aayog put a strategy together in 2017. Shri Arun Jaitley, the then Indian Finance minister, released the ‘Strategy for New India @75’ on December 19, 2018. The steps taken today are direct descendants of that plan, which is proving to be fruitful.

Another sector where India @75 is striving to improve is the defence sector. It is more of a necessity than a pet project. With China encroaching on the North and North-Western borders, it is a matter of national safety and security, to splurge on the defence budget. Even though it has been a part of the internal politics of the country, none can disapprove the need to strengthen the defence sector. From the Rafale deal with France to the Apache and Guardian drone deal with the US, India is breaking banks. It is an urgent matter related to the security and sovereignty of India, and as a result, a necessary spend. At the same time, the country is being self-reliant too, with INS Vikrant, the first indigenous aircraft carrier of India.

India, at its 75th year brings past, present and future plans together. The PM Narendra Modi, inaugurated the Azadi ka Amrit Mahotsav on the anniversary of the historic Dandy March. It is a celebration and tribute to the freedom fighters of India. While basking in the past glory and showering respect to the great forefathers, India is doing remarkably well in the 2020 Tokyo Olympics this year. The Indian PM focuses on making India 'Atma Nirbhar’ or self-reliant, through his various ‘Make in India’ projects. Keeping this goal in mind, there is the ‘Atma Nirbhar incubator’ being launched. It is a targeted project to improve and support traditional Indian craft artists.

The growth of India and which path it should take is a matter of controversy. On one hand, there is ensuring basic food security and livelihood. It is based on the DPSP in the Indian constitution. However, it can make the citizens complacent and dependent on aid and freebies. What India needs to improve in a proper way is education and skill training, which can be utilized in the overall economic development on a large scale, across the country.

With a rich history and heritage, India is now standing at a crossroads of opportunities, prosperity and success. India is one of the major countries with an abundance of human resources. The untapped wealth indicates a huge growth potential for the country. It needs only proper management and efficient leadership. With political stability, economic success will follow, leading the country to new heights in 25 years to the centenary of independence.
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