According to Ashwini Vaishnaw, Union Minister of Communications, Electronics and Information Technology and Railways, India’s economy will continue to have 6-8 per cent consistent growth rate over the next 10 years. Vaishnaw invited global players to innovate in the country for the domestic and global markets.
While speaking at the Raisina Dialogue 2024, the minister noted that improvement in physical and digital infrastructure, education, and skilling, as well as innovation and development, has bolstered the country’s growth. The next five years will further lay the foundation for India to become a developed country by 2047.
According to him, the focus over the next five years will be on the full spectrum of manufacturing, upliftment through education, and infusion of technology in the healthcare sector, among other priorities.
He further added that the government and private sector must work in unison and harmony, and termed digital payments as a classic case of a public-private partnership. The government is a firm believer of public-private partnership, be it development of telecom stack, digital stack, or semiconductors.
