Volume-XI, Issue-III, May 2025 |
Propelling India’s Economic Rise: A Critical Appraisal of Infrastructure Strategy, Sustainable Development, and the $5 Trillion Economy Vision Dr. Padmalochan Dash, ICSSR Post Doctoral Fellow, Central University of Gujarat, Gujarat, India |
Received: 30.04.2025 | Accepted: 18.05.2025 | Published Online: 31.05.2025 | Page No: 438-465 | ||||
DOI: 10.29032/ijhsss.vol.11.issue.03W.043 | |||||||
ABSTRACT | ||
India's
ambition to achieve a $5 trillion economy continues to hinge significantly on
its infrastructure vision, as outlined in Infrastructure Vision 2025. This
paper explores the pivotal role of infrastructure development in realising this
economic goal, particularly in the context of persistent global economic volatility
and supply chain realignments in the post-pandemic recovery phase. Through a
comprehensive analysis, the paper delves into the objectives of India's
Infrastructure Vision 2025 and assesses the progress made towards its
implementation. Additionally, it examines the government policies and
initiatives aimed at promoting infrastructure development and attracting
investment. Furthermore, the paper evaluates the investment climate and
financing models in the infrastructure sector, identifying challenges and
opportunities for economic growth. A critical analysis sheds light on the
effectiveness of current strategies and provides insights into potential areas
for improvement. Ultimately, the paper underscores the critical importance of
infrastructure in India's economic trajectory and offers recommendations for
policymakers and stakeholders to accelerate progress towards the $5 trillion
economy milestone.
Key Words: Critical Infrastructure Sectors, Economic Growth,
Government Policies, Infrastructure Financing Models, Infrastructure Vision
2025, Investment Climate, Post-COVID Economic Recovery, Private Sector
Participation, Sustainable Development, $5 Trillion Economy. |