The current Indian political scenario ruled by BJP Government is totally different concerned to the economy, education, health, agriculture, industrial, defense and concentrating on country development especially to categories related to poor and dependents on agriculture and doing reforms for their economic revival in which Government of India is playing a major role.
And involved in developing and implementing various plans concerned with their lifestyle and need such as increasing substantial sugar cane and food grain commodity prices, providing electricity and fresh water at lower rates, better education, employment through MGNREGA schemes, providing them houses at an economical rate, better roads for transportation, providing grain markets near to their villages.
Reforms in food corporation, reducing interest rates, pension reforms for senior citizen farmers and widows, yearly monetary help to farmers, availability of fertilizer, employment as per the skill in nearby industrial areas, availability of more fertile grain seeds. The government is preferring plantations all over India.
The Indian Government is concentrating on more solar energy availability till FY 2026 and is interested to decrease dependency on coal and crude oil which are causing the greenhouse effect and to increase dependence on electric vehicles and the production of Lithium and Aluminium based batteries.
They have implemented awaited scrap policy and restricted production of Diesel and Petrol based Auto products and prefer engines which are improved and modified for Ethanol combination fuel and also pressurizing to develop purely ethanol-based Auto engines. The government is preferring dependency on electronic semiconductor technology in India and inviting foreign companies which can establish their units in collaboration with Indian companies.
The reliability of Indian produced defence products and armaments is now the first priority to reduce imports to save foreign currency. Due to liberalization in the above sectors, the same may increase employment in the private sector.
The results will be visible on a year’s basis and this is our perception that during the period between FY 2022 to 2030, the growth rate of the country will be at a maximum peak. The estimated Indian GDP maybe around 6-8% during 2021-2022 and afterwards, GDP may grow between 8 to 9% on yearly basis between FY 2022-2030. The sustained Indian GDP may grow between 6 to 8% afterwards till FY 2040.
The fruitful positive results shall be visible in IT, pharma, agricultural, infrastructure, power, electronics, autos, industrial, electric vehicles and their batteries, chemical, medical and defence sectors. Our dependency on other countries may decline by 1 to 3% each year in said sectors till FY 2030.
India will become the second superpower during FY 2035 and if we survive then will see that India will be Super Power in the world during FY 2050. India is a peace-loving country and shall remain in the future.
India will contribute support to the rest of the world in economic growth, a revival from poverty, and also in other tissues, especially concerned with health. Indian GDP may outperform after FY 2022 and the Nifty may show an uptrend and go towards 21000 to 24000 in between 2022 to 2024. (investing)
