Advertisement
Private equity has played a significant role in shaping Indi...
In today’s real estate landscape, fitness is often treated...
In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
Jeffrey D Sachs stated that India could attain developed nation status by 2047 if it sustains its current economic growth trajectory. Speaking at an event organised by FICCI, he highlighted India’s role in global stability and emphasised the need for an independent foreign policy approach. Sachs also suggested that India should maintain balanced international relations without aligning with major power blocs. He referred to the government’s ‘Viksit Bharat 2047’ roadmap, noting that continued economic expansion and strategic positioning could support the country’s long-term development objectives.
Jeffrey D Sachs indicated that India could achieve developed nation status by 2047 if it continues on its current economic growth path, while addressing an industry event organised by FICCI in the past week. Advertisement
He stated that India’s economic trajectory places it among key contributors to global stability and peace, and emphasised the importance of maintaining an independent foreign policy stance. According to Sachs, India should aim to sustain balanced relations with multiple countries without aligning itself with any single geopolitical strategy.
He noted that India need not align with the United States or participate in initiatives that are explicitly positioned against other nations. While acknowledging that India has bilateral issues with China, he indicated that such matters should be addressed through direct engagement between the two countries.
Sachs also expressed the view that India should reconsider its participation in multilateral strategic groupings such as the Quadrilateral Security Dialogue, which includes Australia, India, Japan, and the United States. He referenced the historical role of India in founding the Non-Aligned Movement, describing it as an approach that remains relevant in the current global context.
On global governance, Sachs suggested that China should support India’s inclusion as a permanent member of the United Nations Security Council, stating that India’s presence would be important in shaping global decision-making frameworks.
Referring to India’s long-term development roadmap, he cited the ‘Viksit Bharat 2047’ initiative, which outlines the country’s ambition to achieve developed nation status. He indicated that sustained economic growth, combined with strategic policy choices, would be central to achieving this objective.
The remarks reflect broader discussions around India’s economic outlook and geopolitical positioning, as the country continues to expand its role in global economic and diplomatic frameworks.
Source - PTI
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
