Emerging India in the last decade
Emerging India in the last decade
India has changed in many ways in this decade, especially in terms of its economy, politics, society, and technology. Here are some of the major changes that have occurred:
India has emerged as one of the largest and fastest-growing economies in the world, surpassing the UK and France in nominal GDP and becoming the third-largest by purchasing power parity. India has also become a leading destination for foreign investment, innovation, and digital transformation.
India has implemented several bold and ambitious reforms, such as the Goods and Services Tax (GST), demonetisation, Aadhaar, Insolvency and Bankruptcy Code, farm laws, labour codes, and digital payments. These reforms have aimed to improve the ease of doing business, curb corruption, formalise the economy, and empower the citizens.
India has faced several challenges and crises, such as the Covid-19 pandemic, the border standoff with China, the farmers’ protests, the economic slowdown, the rising inequality, and the environmental degradation. These have tested the resilience and adaptability of India’s institutions, society, and leadership.
India has also witnessed significant social and cultural changes, such as the rise of urbanisation, consumerism, digitalisation, and social media; the expansion of education, health care, and social welfare; the recognition of LGBTQ rights; the assertion of women’s empowerment; and the diversification of arts and entertainment.
India’s decade has been marked by both achievements and struggles, opportunities and risks, continuity and change. As India enters the next decade, it will face new challenges and possibilities that will shape its future.
You may also read:
Comments
Post a Comment