Why rapid economic development is important for India

Why rapid economic development is important for India

This Article First Appeared In India Today On Jan 18, 2023

India is a society in transition. When a society is in transition, we must always make the transition quickly. If you go on transitioning over fifty years, one or two generations will suffer immensely. Unfortunately, we are still in this mode.

As a republic, India is only 75 years old. In the life of a nation, 75 years is not too much time. But at the same time, we have a thousand-year-old culture. Given our cultural strength, we should have become a developed nation in about 30 to 40 years. But we have made some mistakes – some can be corrected, and others are hard to correct.

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