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Factors Driving India’s Growth: Challenges and Policy Measures

Author

Listed:
  • Jain Vandana

    (Research Scholar, Department of Economics, School of Behavioral and Social Sciences, Manav Rachna International Institute of Research and Studies, Faridabad, Haryana, India)

  • Kumarasamy Durairaj

    (Associate Professor and Head, Department of Economics, School of Behavioral and Social Sciences, Manav Rachna International Institute of Research and Studies, Faridabad, Haryana, India)

Abstract

With a vision that comprises inclusive development, technological innovation, and alignment with global sustainability goals, India is on a path to sustainable growth, which aligns with the government’s vision of Viksit Bharat to attain the status of a developed nation by 2047. India is distinguished by its rich cultural legacy, outstanding economic achievement and diverse population. In this context, the study examines India’s goal of becoming a developed nation by integrating social, financial, and environmental advancement in an ecologically sound manner that includes all sections of society. The study examines India’s trajectory toward sustainable goals by analysing key sectors such as start-ups, health and education, green energy, skill development, and technological innovation. The findings contribute to understanding how strategic development in these sectors can empower all citizens and align India’s growth with global sustainability objectives, ultimately realizing the aspirations of Viksit Bharat.

Suggested Citation

  • Jain Vandana & Kumarasamy Durairaj, 2025. "Factors Driving India’s Growth: Challenges and Policy Measures," The Economists' Voice, De Gruyter, vol. 22(2), pages 255-270.
    • Handle: RePEc:bpj:evoice:v:22:y:2025:i:2:p:255-270:n:1001
    DOI: 10.1515/ev-2024-0059

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    Keywords

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    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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