India’s path toward becoming a developed nation has become increasingly clear, thanks to projections by influential figures like Gita Gopinath. The First Deputy Managing Director of the International Monetary Fund (IMF) spoke at the Delhi School of Economics, emphasizing the significant role education and workforce skills play in achieving this ambitious goal by 2047.
According to Gopinath, India’s rapid economic growth, presently at around 7%, is commendable, yet it necessitates systemic changes to maintain such momentum. She stressed the urgent need for transforming the country’s workforce to be “much more skilled and much more educated” to transition from being regarded as merely fast-growing to achieving high-income status.
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