Modern India is Bharat
© Rahul Dutta | March 24, 2023The peaceful coexistence of one-fifth of the world’s population, having enormous socio, cultural, ethnic, and linguistic diversity on just 2.4% of the surface of mother earth, is nothing but a miracle. This miracle is INDIA!
It will not only be India’s decade, but India’s century, with all key elements in place – a large working population, multinational companies reimagining global supply chains, and a country leapfrogging at digital scale-to achieve something special not just for the Indian economy, but potentially for the world. ~ Bob Sternfels, CEO, McKinsey & Co
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Since time immemorial, the wealth of India has attracted invaders from foreign lands. However, it is noteworthy that despite being looted, plundered, and even under foreign reign, India had a substantial share (approx. 16%-25%) in international trade. Most of this glorious history was before the arrival of the industrial revolution. Over the passage of time, this share in international trade dwindled to around 2% due to constant invasions and the crusading invaders’ rule. Under the crusaders’ reign, slavery took over human dignity, on which knowledge, wisdom, and wealth cultivate. The institutions of learning including books were destroyed. The means and medium of wealth generation were destroyed so badly that for a few coins serving as soldiers became the only option. In the nation of abandoned wealth, the weight of coins became heavier to be on the invaders’ side in their systematic loot of their own natives. The one-quarter share dominance in international trade ruined to shrink to the minimum.
In the words of the eminent jurist Sri Nani A. Palkhivala: India is eternal, everlasting. Though the beginnings of her numerous civilizations go so far back in time that they are lost in the twilight of history, she has the gift of perpetual youth. Her culture is ageless and is as relevant to our twentieth century as it was to the twentieth century before Christ.
However, a history of peaceful coexistence, rich cultural and traditional knowledge heritage, extensive biodiversity, robust democracy backed by an independent judiciary, and the largest pool of skilled young human resources make India an up-and-coming destination for investment and business and commerce. The World Bank valued the Indian economy at $3.173 trillion in 2021. The World Bank ranked India as the sixth-largest economy in 2021. According to International Monetary Fund (IMF), Iraq’s economy is growing the fastest in the world at 9.5%. With a growth rate of 8.2%, India was second in economic growth in May 2022. Further, India has set a very ambitious objective to become a five trillion economy by 2025.
Foreign Direct Investment (FDI) inflow has emerged as a promising economic growth indicator. Against the US$ 73.45 billion in 2019, India received $83.57 billion in FDI in 2021. Steel and internet-based businesses were the significant sectors of interest for the investors. It shows foreign capital interest in infrastructure, building value chains, and entering new markets through digital platforms. As per a report, India’s foreign reserves were US$ 580.272 billion in July 2022.
“With our accomplishments over the past three decades, we have earned the right to DREAM BIG. What can be a greater dream than to be able to celebrate the centenary of our independence in 2047 by making India one of the three wealthiest nations… Our greatest advantage lies in India’s continent-sized domestic market, which is still largely untapped. Our economy will begin to witness miraculous growth when we create a middle class of one billion people with rising incomes. ”
~ Mukesh D. Ambani, CMD Reliance Industries
A comparison of the Sustainable Development Goals (SDG) of the United Nation with the present Indian missions and programs reflects India’s commitment to achieving these goals within the desired timelines.






I see technology as a means to empower and as a tool that bridges the distance between hope and opportunity. We must ensure that technology is accessible, affordable and adds value. ~ Sri Narendra D. Modi, Prime Minister of India, The Economic Times, Sept 28, 2015