There is only one question

Technology is creating new opportunities. Is Jharkhand prepared?

Harivansh 

Senior Journalist, Deputy Chairman of Rajya Sabha

Technology and Artificial Intelligence are reshaping traditional jobs and creating new opportunities. Experts predict a decline in traditional jobs, but a surge in new ones, both domestically and globally. Is Jharkhand ready for this increase in potential? If not, then political parties and future legislators should state their policies. 

This is the case with the infrastructure sector. There is a plan for an investment of 142 lakh crore in this sector by 2030. This will lead to a growth rate of 12%. Mordor Intelligence estimates that India's infrastructure industry is currently at 17 lakh crore. In 2029 (9.5% growth), it will be 27 lakh crore. By 2030, the central government will spend 142 lakh crore on infrastructure. 

This is double the 67 lakh crore spent in the last seven years. Crisil also believes that this will lead to a rapid increase in people's income. In 2031, per capita income will reach 4500 dollars, which is currently 2500 dollars.

Previous governments may have laid the groundwork for Jharkhand to capitalize on the infrastructure industry. But, in such emerging new areas where immense possibilities are going to knock in the future, this is the opportunity for a public audit of the policies, announcements, and concrete promises of Jharkhand's political parties.

If this traditional pace of development continues, then generally, economists believe that it will take 40 years for Jharkhand to reach the level of today's Maharashtra economy. 

Obviously by then, Maharashtra's economy will have leaped and reached somewhere else. In that case, what options does Jharkhand have? Can Jharkhand leap in the field of economic development? AI technology has prepared the background for this leap. For this, we just need a visionary leadership of the future. Understand it this way. 

There is a very talented leader from Tamil Nadu, in opposition. He left a prestigious government job and came into politics. A few months ago, IIT Chennai students invited him for a dialogue. The students asked him how India would become a developed country by 2047? His answer should be read by every citizen. In this election in Jharkhand, this can be the basic mantra for shaping the future of every Jharkhand resident. He told the students, what is India's GDP today? About 3.8 trillion dollars. Compared to this, China's GDP is said to be 17.9 trillion dollars. America's GDP is around 37.36 trillion dollars.

In this situation, the current and future leaders of the central and state governments will make India a developed country by 2047. If India progresses at an annual growth rate of 13.5% for the next 25 years, then this goal can be achieved. The condition is that during this period, America grows at an annual rate of 4% in these 25 years. Only then is it possible to equate the economies of India and America.

(These are the author's own views)

To grow faster, we need new strategies and consistency.

Read part 11 tomorrow...

Courtesy: Dainik Bhaskar

Translated & Edited by: Smita DeyTarafder