Digital Transformation and Development Strategies for Vikasit Bharat@2047: Challenges and Policy Insights
Dr Nagalaxmi
Asst. Prof. of Commerce Dr. BRR GDC (A), Jadcherla
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http://doi.org/10.37648/ijps.v21i02.034
Abstract
Indian economy emerged as the world’s fastest- growing major economies in the world. Having an Impressive expansion of 7.8% in recent GDP figures, Indian economy has solidified its position as the world’s fastest-growing major economy in the April-June 2025 quarter. This growth helped in expanding services and policy reforms to increase employment generation in various sectors. Undoubtedly, Indian economy will emerge as the world’s thirdlargest economy by 2030 with consistent long-term growth by addressing global challenges. Indian economy is capable of becoming a US$30 trillion economy by 2047 and will be a Viksit Bharat. Digital Transformation and technological advancements have paved the ways of growth in Indian Economic, Social and Governance framework. In the era of digital transformation an attempt was made to examine the role of digital transformation in driving the India’s developmental journey and to present development strategies for Viksit Bharat @2047. This paper also identifies core challenges and throws light at policy insights to strengthen Indian’s digital ecosystem stepping path towards Vikasit Bharat @2047.
Keywords:
Digital Transformation; Development Strategies and Vikasit Bharat
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