from my point of view, for now there should only one primary goal, get rich.
Yup...with economic resources, comes a whole lot of power and influence. Vasudeiva Kutumbakam slogans dont go far in this world, unfortunately. To get rich:
1. we need to get to $5 trillion + economy quickly and a combined $1 trillion+ in central and state government spending annual budget [20% of GDP]. For this we need to keep building infrastructure all around.
2. Bring large scale employment industries plus get more women working [increase their labor participation rate to at least 25-30%] to double a household's income and get a large part of the population in organized employment.
3. We should get into the top 10 countries for tourism. We have everything and with all these new roads and railways everything becomes accessible in quick time. Smart city investments are also improving cities quite a bit.
4. We should have a multi billion dollar defense export industry. We are getting there but more can be done. More spending on R&D is needed.
5. We need to excel in a certain area of manufacturing that nets us $200-$300 billion in exports per year [as opposed to the total $300 million in manufacturing exports] just for that particular area. Pharmaceuticals can get us there and so can automobiles and spare parts. We need to get each of these to at least $200 billion+.
6. Build up a digital economy of at least $1 trillion.
7. Build a first class health care industry - this employs people massively and truly increases people's lifestyle, productivity, and incomes.
8. Build a first class water and sanitation industry - again the scale of employment and manufacturing will be gigantic. How many people know that in America, in the 60s and 70s, selling advanced toilets and plumbing systems was considered a great job as it made people really wealthy?
9. Build a world class agriculture industry for internal consumption and exports with supply chains, refrigeration units for quality meat transport etc. [And yeah get rid of those useless farmers protesting for nothing].
We are getting there - the government has already reduced corporate tax rates, introduced PLIs for manufacturing, REITs for real estate investments, NIIF for infrastructure investments, increased healthcare spending to 2.5% of GDP, identified a $1 trillion infrastructure investment pipeline for transparently investing, massively improved EODB ranking, reduced extreme poverty to single digits, even allowed private companies to setup water infrastructure in Indian cities, reformed farm laws, reformed labor code, etc. They are doing everything that will make people richer.
Everything is finally going in the right direction. The only thing we need is the BJP/BJP-like parties to be in power for another decade, at least. Any bad changes like reverting to poverty politics or appeasement politics would set us back decades. But since poor people are the biggest voters, BJP has to make sure that they don't lose this segment like it happened under Vajpayee.
fine fine no land lost in galwan , but they have structures few km from their official border line , rest is a buffer zone . so they are happy .
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