Question 2Discuss the potential of capital investment in achieving VIKSIT Bharat 2047 vision; identify challengesGS2GS2
India's aspiration to be a developed nation by 2047 hinges on significant capital investment. In light of this, discuss the potential of capital investment in achieving this vision. What are the challenges India faces in this regard? (10 marks, 150 words)
Main Body
Challenges faced in this regard:
i) Low capability to invest in capital due to high fiscal deficit (NFC 5.8%)
ii) High revenue expenditure
iii) High cost of investment - long gestation projects and lack of expertise.
iv) Lack of private sector interest.
v) Some capital expenditure may not yield sufficient revenue.
PPP models such as HAM, EPC to develop infrastructure
Way forward:
Training and skilling of people for better expertise to develop capital infra.
FDI route for capital investment
Reduction in revenue expenditure
— Aditya Agarwal · AIR 1
86 words11 paragraphs
Conclusion
Capital expenditure is necessary to achieve the vision of VIKSIT Bharat by 2047. It follows the philosophy - 'American roads are not good because America is developed, but America is developed because American roads are good'
36 words
This is a continuation from previous page
- Comprehensive identification of challenges
- Links back to fiscal deficit issue from previous question
- Proposes practical solutions (PPP models, FDI, skilling)
- Mentions specific PPP models (HAM, EPC)
- Effective use of quote to illustrate importance of capital investment
- Addresses both constraint and solution side
- Shows understanding of infrastructure multiplier effect
Steal this copy's techniques PremiumAI pulls out the reusable moves — pick the ones you want as flashcards
Topper
Aditya Agarwal
AIR 1
Subject & Paper
GS2GS2
Topic
Indian Economy
Capital Investment and Economic Development
Capital Investment for Achieving VIKSIT Bharat 2047 Vision
Writing Stats
122
Total words
11
Paragraphs