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Will India Get Rich Before It Turns 100?

by Prosenjit Datta

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India is on a path of change and opportunity that will lead to 2047 By adopting comprehensive reforms, encouraging inclusive growth, and utilizing its demographic and economic potential, India can achieve its goal of becoming a developed, prosperous country that proudly and progressively marks its 100th anniversary of independence Prosenjit Datta's "WILL INDIA GET RICH BEFORE IT TURNS 100?" delves at India's lofty economic goals and the complex forces shaping its growth trajectory. The book dives into India's objective of creating a $5 trillion GDP, exploring the influence of watershed moments including demonetization, GST changes, and the Covid-19 pandemic. Datta uses a historical lens to highlight the limitations of economic forecasting, emphasizing how external crises and internal policy shifts have changed expectations With India currently having a nominal GDP of $3 7 trillion, the author assesses the viability of meeting the aim by 2028, providing a balanced assessment of ambition tempered by uncertainty While economic growth is a focal point, Datta argues that GDP alone does not define a nation's development He points to glaring disparities in living standards and per capita income, even as India ranks as the world’s fifth-largest economy The book examines broader measures of progress, such as the Human Development Index (HDI), which incorporates health, education, and income By presenting diverse perspectives, Datta challenges readers to rethink what it means for India to be truly “developed” and underscores the importance of addressing systemic issues like job creation and education to achieve holistic progress. In the book, author Datta emphasizes the transformative potential of India’s demographic advantage, with its working-age population projected to peak at 1 billion by 2030. This youthful workforce presents a historic opportunity for growth, but the author cautions against complacency. Low labor force participation rates, particularly among women, and a mismatch between job creation and the growing influx of job seekers are critical challenges Datta discusses how inadequate skills, over-reliance on government jobs, and the rise of automation could hinder economic progress He advocates for systemic reforms in education and workforce development to fully leverage the demographic dividend for sustainable growth Using a combination of optimism and realism, Datta explores India's prospects of becoming a high-income country by 2047 in "WILL INDIA GET RICH BEFORE IT TURNS 100?" He stresses the significance of inclusive growth while analyzing important economic factors such as GDP growth rates, inflation, and currency valuation

To guarantee that economic progress translates into higher living standards for all residents, the book ends with a demand for practical policies and consistent changes Datta's work, which is well-researched and provocative, presents a balanced view of India's economic development and exhorts both citizens and officials to prioritize fair and sustainable development

Sleep the most sinister time of the day,

The beasts awake starting to bray, smelling the fright

A gurgling smoke, thick as an iron rope blindfolds the hose of imagination

And sweet respite turn to a bloody adrenaline rush

The body unable to cushion the uncontrolled fright

Vague symbols, a horde of house, a chasing spree

A menacing laugh, the sharp canines salivating

I run and run into the foggy smog,

The road unweathered, barrened brown

Coarse and cobbled with unfriendly faces

Each guarding a malevolent secret, too vitriolic to let loose

I turn left and right, searching faces

But the masked mob still closely at my heel, Just find the stone chipped path of a familiar lane

Of my once home, now a foreign sight

The grass now greyer instead of green, a few clumps here and there, but otherwise clean

Is it happening or a picture of my mind

‘Both’ whispered a sparrow from far behind

My slumber struck mind then started to wake

And refused to accept that gloomy fate

Maybe the house, or the state of my mind

Must be an illusion or reality I must find

And then I ran in the smoke laden air

Thick with despondence and doubt,a small streak I try to find

To bend it by the force of my will

And paint a picture with the sunny yarns

But then morning jolts me awake

A heavy taste of panic still raw in my breath.

The painting unfinished in my mind,

The sweet embrace of dreamless sleep feels exceptionally light

Now my mind free of the captive binds,

The scars of the unsolved fright gleaming painfully under the morning light

And I whisper, “This is just a state of my mind.”

The sunkissed wind wraps me tight,I get a little respite.

My name is Neelakshi Banerjee Recently I have developed a budding interest to delve through the subtle beauty of art and articulate my imagination with the help of words Music holds a pivotal place in my life Though am an engineer by profession I believe both science and arts are equally imperative to make this world a more beautiful place

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