Technological challenges to becoming a developed country by 2047
For a developed India, bulkier investment and technological changes are required to keep up in the race with other developed nations. In doing so, the country should not be afraid of failure. After all, Chandrayaan 3 was made possible by the lessons from the failure of Chandrayaan 2.
Arun Kumar is a Retired Professor of Economics at the Jawaharlal Nehru University. He is the author of ‘Indian Economy’s Greatest Crisis: Impact of the Coronavirus and the Road Ahead’. 2020. And, Indian Economy since Independence: Persisting Colonial Disruption. 2013. He blogs at http://arunkumarjnu.blogspot.com/.