ON THE PATH TO A NEW INDIA: 5 THINGS TO KNOW
1INFRASTRUCTURE

‘Go big or go home’ is an apt phrase to use in describing India’s infrastructure ambitions. Large-scale infrastructure development initiatives are at the heart of building a New India, hoped to both increase economic growth and job creation. One such example is the recently launched Bharatmala project, touted as India’s largest-ever road construction initiative, which aims to build 83,677 km of roads and highways over 5 years at an estimated expenditure of USD 108 Billion.

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2E-GOVERNANCE

e-Governance takes centrestage under the ‘Maximum Governance, Minimum Government’ ethos. India launched the world’s largest biometric linking system for all citizens – Adhaar – which has so far linked 1.19 billion people. Bringing India closer to the dream of a cashless society is the Unified Payments Portal, which powers multiple bank accounts into a single mobile application. Also, Government is pioneering single window portals across services, ensuring transparency and time-bound clearances.

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3INNOVATION
India is fostering a culture of innovation in full speed. Did you know? 4 startups are born in India everyday. Home to over 20,000 startups, India stands proud as the world’s 2rd largest ecosystem. Innovation extends to Makers big and small – India claims its spot as an R&D haven with the 6 th largest global spend.
4TALENT POOL

India makes its mark on millennials, boasting what is set to be the world’s youngest population by 2020. According to a UN Report, India’s median age will be 29 years. Also, the UNDP’s Regional Development Report has also found that India will be home to the world’s largest working age population, crossing 1 billion people by 2050. Powering a New India is a new era of Indians and a renewed mindset for change.

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5INDIA GOES ONLINE

100 million more Indians online by 2018 may seem like a feat but that’s exactly what the Government wants to achieve by its ambitious BharatNet Project. Aimed to oversee a digital transformation of India’s rural hinterland, the BharatNet Project will lay down 100,000 km of optical fiber network, connecting 239,000 gram panchayats. This project is aimed to add over USD 68 Billion to its GDP.

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