While finance minister Piyush Goyal devoted a lot of his interim Budget speech on the achievements of the Modi government in the last 5 years, he also made a pitch, one that analysts say is a clear election pitch to the people of India on what the Modi government hopes to achieve if they were to come back to power. The FM said that India is poised well on its way to become a $5 trillion economy in 5 years while the government targets to take the economy to $10 trillion in 8 years.
For this the FM said that the government has outlined a 10 dimension vision for India and presented ‘Vision 2030’ with the key dimensions that will guide the government:
Physical and social Infrastructure
The government seeks to build infrastructure both, physical and social, for a $10 trillion economy and provide ease of living for all citizens. For physical infrastructure, the vision of the government is to build a infrastructure comprising of next generation infrastructure for roads, railways, sea ports, airports, gas and electric transmission as well as for inland waterways. For social infrastructure, the govt hopes to ensure that every family has a roof over their head and live in a clean and wholesome environment. To further build the infrastructure, the government will set up science oriented institutes of excellence to be created.
The govt seeks to create a solid framework for Digital India in such a way that it reaches every sector of economy impacting life of all Indians. The FM went onto say that the Digital economy of 2013 will be based on the success achieved in recent years. He added that the youth and younger population will lead this drive along with startups, thereby creating millions of jobs and digital capabilities.
Clean & green India
The third dimension of FM’s vision is to make India pollution free. This will be done by using electric vehicles, renewables becoming major source of energy supplies and by bringing in import dependence.
The FM outlined that the Modi govt also seeks to expand rural industrialisation to generate large number of jobs across the country. The govt will do this by building on the Make In India approach by building grass root level clusters and empowering small manufacturers, startups and MSMEs. The govt also seeks to create global manufacturing hub in various sectors including auto and electronics.
Making a mention of the government’s Clean Ganges campaign, the FM reiterated the importance of clean rivers in the country. The vision is to ensure safe drinking water to call Indians. This will be done via micro irrigation technique being implemented and a comprehensive cleanup of the waterways system.
Oceans & coastlines
The govt’s 6th dimension is an extension of the 5th dimension where the vision is to build a powerful coastline and ocean waters powering India growth. The FM says that the long coastline has the potential of becoming the strength of the economy. This will be done via building inland waterways and improving quality of life for large number of people living in coastal regions.
Outer skies/ space
From waterways to space, the govt wants India to become a global space program and eventually be a Launchpad for satellites in the world. Piyush Goyal reiterated PM Modi’s target to place an Indian astronaut in space by 2022.
Self sufficiency in food production
The 8th dimension of Modi govt’s ‘Vision 2030’ is making India self sufficient for food. This will mean exporting to the world for food and creating organic food supplies. The govt aims to bring in a integrated approach towards agriculture, food processing and maintenance of cold chain.
Any vision or election pitch by a govt is not complete without a health program. Piyush Goyal outlines that the Modi govt aimed at a healthy society with an environment of health assurance. He added that the Modi govt will work towards a distress free healthcare and functional and comprehensive wellness system for all by the year 2013. For this he wishes to involve partnerships of women and equal rights for safety and environment.
Minimum government, maximum governance
Finally, the 10th dimension outlines an ideal world with transparency, clear and precise governance and proactive bureaucracy comprehensive for the people.Bottom-line: Every government before election has visions and creates elaborate ideas and plans for the future. While this is needed, the Vision 2030 program if carried out in its entirely, will definitely usher in a new India. But the devil is always in the details. Will this be implemented? The vision and hope is there but are we really clear about the details? Will this be actively taken forward if the Modi govt comes back into power? Those are just some of the questions that this or any govt that comes to power will have to answer.