In his message to the august gathering, Prof Michael E Porter highlighted the strengths of the competitiveness framework that varieties the premise of the roadmap and helps translate the diagnostics on competitiveness fundamentals into actionable insights. He added, “The solutions to the challenges faced do not lie in narrow interventions. A clear strategy identifying key priority areas is a prerequisite to achieving greater progress.” The roadmap totally analyses India’s present competitiveness within the diagnostics part and supplies an in depth view of the methods to be adopted for India’s future development pathway. Further, Dr Amit Kapoor said, “To sustain long-term economic growth, the Competitiveness roadmap has the potential to guide India’s economic and social policy. The roadmap takes into account the unique features of India, and proposes a set of guiding principles, policy goals, and an implementation architecture.”
The roadmap was offered by Dr Christian Ketels, who mentioned the necessity to look at particular person sectors’ and places’ potential to construct India’s general nationwide worth proposition. For this, growing a radical understanding of India’s benefits and areas for enchancment is critical. Adding to the significance of mapping out India’s distinctive traits. He asserted, “India’s performance has global ramifications. How India addresses its competitiveness challenges and harnesses opportunities will affect how different countries address challenges they face.”
Further emphasising one other main motion space, Dr Bibek Debroy, Chairman, EAC-PM, said within the keynote tackle, “Government policies shape the context in which enterprises and individuals function. For the Indian development trajectory to reach higher levels of competitiveness, the focus must be on government policies and the enterprises and individuals functioning in the environment shaped by these policies.”
The roadmap undertakes a renewed growth method that identifies the importance of individuals and industries. Further emphasising this level, Amitabh Kant, G20, Sherpa, said, “A growth model that sustains in the long-term must give equal importance to facilitating ease of living for its people and ease of doing business for its industries.” While reaching the set ambitions is critical, the journey of getting them can be equally important. He added, “The roadmap proposes major changes in the principles underlying our policy approach. They are vital to moving India to the high-income group.”
A panel dialogue was held amongst members of the stakeholder group constituted as a part of the initiative. The dialogue introduced forth some insightful takeaways relating to India’s development potential. The panellists included Akshi Jindal, CEO, Barmalt Malting (India) Pvt. Ltd., Ashish Jhalani, MD, Square Panda, Gurcharan Das, Author, Hari Menon, Director, India Country Office, BMGF, Himanshu Jain, President, Indian Subcontinent, Diversey, Ravi Venkatesan, Chairman, Global Energy Alliance for People and Planet, Sumant Sinha, Chairman & MD, ReNew Power.
The roadmap units the premise for a remodeled method to reinforce India’s development. Both the structural transformations outlined and the mixing of financial and social progress can be of utmost significance within the coming many years. Going ahead, the goal can be to develop KPIs and formulate roadmaps for varied industries, ministries, and states in order to traverse towards the nation’s ambitions.
