Try GOLD - Free
Envisioning the India of 2047
Business Today India
|February 19, 2023
The India of today is at an inflexion point and hereon, it can only accelerate its journey to the top
When India got its freedom in 1947, it was an amalgamation of more than 550 princely states and thousands of zamindari estates covering 40 per cent of the land area and 23 per cent of the population. Today, India, after 75 years of freedom, has come a long way.
Over the past seven decades, India has seen several ups and downs. Today with a $3.17-trillion economy, India is the fifth-largest economy in the world. This has been a remarkable journey. Just about one Indian out of five was literate in 1950. Today, the literacy rate is close to 80 per cent. There are over 1,000 universities imparting quality education. Improvement in the healthcare ecosystem has resulted in the average life expectancy of males to increase from 37 years in 1951 to 68 years today. For females the improvement has been even better—from 36 years to 70 years. Infant mortality rate has dropped from 140 at the time of independence to 30 in 2019. It gives a sense of pride of what we have accomplished as a nation in the past 75 years. In technology-intensive areas like space and nuclear programmes we have made significant headway and are counted amongst the leading nations. The economy has transformed itself from a closed agrarian economy to an open economy led by services.
This story is from the February 19, 2023 edition of Business Today India.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Today India
Business Today India
TROUBLE IN THE SKIES
HIGH ATF PRICES, DEPRECIATING RUPEE AND SUPPLY CHAIN ISSUES ARE FORCING AIRLINES TO REWORK THEIR OPERATIONAL STRATEGIES. HOW WILL THEY FARE?
6 mins
June 07, 2026
Business Today India
FUTURE OF AERIAL WARFARE
WHILE DRONES ARE NOW A CRITICAL PART OF THE BATTLEFIELD, QUESTIONS ARE BEING ASKED ABOUT WHETHER IT IS FINANCIALLY PRUDENT TO SPEND BILLIONS ON MANNED PLATFORMS, WHEN THE RECENT GLOBAL CONFLICTS HAVE DEMONSTRATED THE HAVOC UNMANNED PLATFORMS CAN CAUSE
6 mins
June 07, 2026
Business Today India
LIFE AFTER CORNER OFFICE
FOR INDIA INC'S FORMER CEOs, HERE'S WHAT COMES AFTER RETIREMENT
8 mins
June 07, 2026
Business Today India
THE NEW OFFICE ON WHEELS
INDIA'S BUSINESS ELITES ARE SWAPPING LUXURY SEDANS AND SUVS FOR ULTRA-LUXURY MULTI-PURPOSE VEHICLES AS THEIR FAVOURITE PRODUCTIVITY PODS
4 mins
June 07, 2026
Business Today India
Trust gap Widens
AS NOEL TATA AND VENU SRINIVASAN SLUG IT OUT ON MULTIPLE ISSUES, THE ROAD AHEAD FOR THE LISTING OF TATA SONS REMAINS UNCERTAIN
4 mins
June 07, 2026
Business Today India
Management Advice
MANOJ KOHLI, GLOBAL GROWTH ADVISOR, FORMER COUNTRY HEAD, SOFTBANK GROUP; FORMER MD CEO, BHARTI AIRTEL
1 mins
June 07, 2026
Business Today India
AWL AGRI'S NEW BET
THE COMPANY IS TRYING TO DECOUPLE ITSELF FROM SWINGS IN CRUDE OIL PRICES AS THE WEST ASIA CRISIS PUSHES UP COSTS
6 mins
June 07, 2026
Business Today India
MIND THE GAP
INDIAN BRANDS FIND THEMSELVES IN THE CROSSFIRE BETWEEN BEING PERCEIVED AS RESPONSIBLE CORPORATE CITIZENS AND CULTURAL TRANSGRESSORS
5 mins
June 07, 2026
Business Today India
AN AUSTERE SUMMER?
IT'S A TOUGH YEAR FOR THE ECONOMY WITH THE WEST ASIA WAR AND FORECAST OF A POOR MONSOON DAMPENING GROWTH PROSPECTS, RAISING PRICE PRESSURES AND HURTING THE CURRENT ACCOUNT. CAN INDIA RIDE OUT THE STORM AGAIN?
10 mins
June 07, 2026
Business Today India
TECHNOLOGY IN MOTION
BEARINGS AND TRANSMISSION COMPONENTS MAKER SCHAEFFLER INDIA IS PUMPING IN €500 MILLION OVER THE NEXT FIVE YEARS TO BOOST CAPACITY AND INCREASE LOCALISATION
7 mins
June 07, 2026
Translate
Change font size
