Indian economy going to be among top economies in the world in next few years using science, technology: Niti Aayog

NITI Aayog, Indian economy
Government building of NITI Aayog
NITI Aayog, Indian economy
Government building of NITI Aayog

Vice-Chairman, NITI Aayog, Dr. Rajiv Kumar, underlined that the Indian economy will be among the top economies in the world in the upcoming years utilizing science, innovation, and advancement in all areas, ricocheting back soon from the delayed consequences of COVID 19, at a webinar organized to commend 50 years of the Department of Science and Technology (DST) as of late.

“Steps and changes have been taken by the Government in all the areas, similar to agribusiness, current medication, conventional medication, New Education Policy, Small and Medium Enterprises, work area, etc, to target being among the world’s main three economies ,” he said at the online course on DST Golden Jubilee Discourse Series – On the opposite side of the Pandemic – coordinated by National Council for Science and Technology Communication and Vigyan Prasar.

He said that the pandemic has changed numerous things and indicated better approaches for getting things done and huge numbers of these will remain in the post-COVID world, and we need to have an imaginative monetary framework in the post-COVID world to stay drifting.

Dr. Kumar added that the economy post-COVID has been in the recuperation mode after the primary quarter and trusted that Indian economy will skip back in next couple of quarters from the impacts of COVID-19 disturbances, will develop by normal 7-8 percent in next 20-30 years and become the third-biggest economy by 2047.

Discussing the underlying changes by the public authority to help Indian economy rival the best of the world, Dr. Kumar stated, “The public authority is focused on improving the simplicity of working together, advancement environment where each school understudy approaches the inventive instruments and patterns.”

Talking at the online course, DST Secretary Prof Ashutosh Sharma featured the different advances DST has taken to help Indian economy develop at the ideal rate by utilizing science, innovation, and development in all fields like clean energy, wellbeing, instruction, transport, horticulture, correspondence, electric versatility, electric stockpiling, quantum advances, etc. He additionally discussed the means DST has taken to offer adaptability to researchers to convey the ideal outcomes for innovation missions and steps taken to help increment the quantity of new businesses utilizing development, science, and innovation.

“DST over the most recent 50 years has done a ton of working of limit, in all territories. India is number three in science distribution on the planet, and DST has an incredible part in it. Our most recent 50 years has been magnificent, however our next 50 years ought to surpass the most recent 50 years. Our financial plan has multiplied over the most recent five years, and it permits us to outline new headings. While keeping all the essential innovative work set up and upgrading it, we have acquainted a critical thinking approach with research. We are prepared for the future, and there is a ton of new accentuation on development and new businesses and new models of advancement”, Prof Sharma said.



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