CBC Chairman said India’s development path will not be the same as China’s

NEW DELHI : Chairman of the Capacity Building Commission Adil Zainulbhai has said that, as India moves towards the mission of ‘Viksit Bharat’ and becoming a developed country by 2047, the development path for India will not be the same as that of China as they have a different environment and capabilities.

PM Modi has laid out a vision of what India will be as a developed country and there is a lot of thinking in terms of we want this to be different, Zainulbhai said. The development path for India will not be the same as the development path for China. So for every article that compares China’s growth with India’s growth, India’s growth for the next 25 years will not follow the China model. Because we can’t, it’s a different environment and India’s capabilities are different, he said.

According to the World Bank, China’s strong growth has been based on investment and export-oriented manufacturing, an approach that has largely reached its limits, and has led to economic, social, and environmental imbalances.

Zainulbhai was addressing a special event Developed India @ 2047′ organised by the Consulate General of India in New York here on Thursday that featured remarks by Ron Somers, Founder and CEO of India First Group and the former President of leading business advocacy group US-India Business Council (USIBC), as well as a panel discussion.

Viksit Bharat, or Developed India by 2047, is the vision of Prime Minister Modi that represents a complete blueprint for the country’s prosperity. Zainulbhai said that a developed India should include not just housing for all, healthcare for all, employment for all, and education for all but it talks about a self-reliant country, clean cities, a unified and inclusive India and transparency.

“We’re trying to think about this as what is a complete view of India, as opposed to just one or two or three. One of the things that we hope we can do is not just focus on GDP but to focus on the quality of life within that Viksit Bharat, he said.

Zainulbhai added that there are a lot of things one has to do towards achieving the vision of a developed India by 2047. He added that one of the reasons he feels optimistic about the next 20 years is that India’s demography is changing in a way that we are going to create a very, very large upper middle class.