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India is aiming to be a developed country by 2047, and the country's finance minister says the key to that goal is infrastructure, investment, innovation, and inclusiveness.
"We aim to reach for the developed nation in 25 years by focusing on inclusiveness, making sure that every section of India, the common man, is benefitted by everything that we do (whether) investment or reforms are trying to take schemes to the people," Nirmala Sitharaman said Saturday, per the Times of India.
The focus on infrastructure has been "in a very big way," Sitharaman said, noting that in the last three to five years, the public spending on infrastructure has been "ramped up significantly."
She added that the creation of digital infrastructure is another key focus.
The fourth focus, she said, is innovation.
"We have enough reasons to believe the youth today are giving us solutions, which are very good for the frontier technologies that we're talking about, as much as for the legacy issues which persist in India for which we need solutions," Sitharaman said.
(India plans to spend $1 trillion on infrastructure over the next decade.)
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A customized collection of grant news from foundations and the federal government from around the Web.
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