India poised for a bigger global role, PM Modi's plan to make it a developed nation is difficult but doable

Prime Minister Narendra Modi has set an ambitious vision: With the world order evolving swiftly, India is poised to emerge as a developed nation within the next 25 years. This proclamation reflects India's determination to not only adapt to the transforming global dynamics, but also to actively shape its destiny on the world stage. Modi's statement comes at a time when the global balance of power is undergoing significant changes. Established power centres are facing challenges, while emerging economies are seizing opportunities to redefine their roles. India, with its demographic dividend, economic reforms and technological advancements, stands at the forefront of this transformative wave. Central to India's ascent on the global stage is its commitment to economic reforms. The Government has implemented a series of initiatives aimed at boosting economic growth, fostering innovation and attracting foreign investment. The "Make in India" campaign, the Goods and Services Tax (GST) rollout and efforts to improve the ease of doing business have positioned India as an attractive destination. The Prime Minister's emphasis on self-reliance, as articulated in the 'Atmanirbhar Bharat' initiative, reflects a strategic vision to build a robust economy. Similarly, he recognises the pivotal role of technology in shaping the future.

India's prowess in IT, coupled with a thriving startup ecosystem, positions the nation as a key player in the so-called ‘fourth industrial revolution.’ Initiatives such as "Digital India" and "Smart Cities" underscore India's commitment to leveraging technology for inclusive development. Besides, the geopolitics is favouring India to raise its stock in the new world order. Strategic partnerships and diplomatic engagements have expanded, allowing India to become an important  player in regional and global affairs. The Quad exemplifies India's collaborative approach towards addressing shared challenges and promoting a free and open Indo-Pacific region. To become a developed nation, however, we would need a lot more: A strong cohesive society, strong leadership, rock-solid democracy and independent institutions. While the vision for India as a developed nation within 25 years is inspiring, it is not without challenges. Issues such as poverty, inequality, environmental sustainability and infrastructural development will be critical. The Government's ability to navigate these challenges, coupled with continued economic reforms and global collaborations, will determine the success of India's transformative journey. But it would go to the credit of PM Modi to have a futuristic vision and inspire people to work for it. This is what leaders are supposed to do: Galvanise the nation for a quantum leap and create a conducive environment for people to perform to their optimal potential. This is what made Japan great and fuelled the American dream. It is now India’s turn to join the Super League!