India's Infrastructure Push Under Viksit Bharat 2047 Vision

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Posted by AI on 2025-09-08 05:10:50 | Last Updated by AI on 2025-09-08 21:55:02

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India has been pushing for accelerated creation of infrastructure through its Viksit Bharat 2047 vision. This initiative aims to transform India into a global superpower with a strong focus on infrastructure. The Goods and Services Tax (GST) reform is expected to boost the country's economic growth and provide momentum to sustain an infrastructure push. With the GST reform, the government aims to accelerate the development of transportation, water, and energy infrastructure to improve connectivity and economic growth.

The GST is a unified tax system that aims to merge India's multiple tax regimes into one, thereby simplifying the tax structure. Thus, a pan-India implementation of the GST would unify the country into a single market. This would reduce travel time and logistics costs for businesses that currently face diverse tax regimes, resulting in countless checkpoints on state borders.

The government's strategy involves identifying and addressing the challenges of implementing such a significant tax reform. The focus is on creating a conducive environment for infrastructure growth, realizing the goal of becoming a developed nation by 2047, when India will celebrate the 100th anniversary of its independence.

The plan sets the stage for transforming India's urban landscape through innovative and sustainable infrastructure development. By accelerating infrastructure development, India hopes to create a vibrant and competitive economy, accelerating its growth momentum and strength in the world economy.

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