Sector-wise GDP in India 2022-23 2030-31
Action plan 2047 – State-wise GSDP build-up
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Podcast Episode 60
Sector-wise GDP in India 2022-23 2030-31
Action plan 2047 – State-wise GSDP build-up
Executive Summary
1. I am worth something now:
To quote Vincent Van Gogh, “If I am worth anything later, I am worth something now. For wheat is wheat, even if people think it is a grass in the beginning.” My theme for 2024 is ‘unleashing other people’s energy’. I have published several papers such as ‘ERP is passé. Embrace EPP- Effort per Person.’ In this podcast episode, I state, that India’s economy will see accelerated growth from 2024 to 2030 to 2047, but this requires unleashing the energy of all employees. That’s the theme.
2. GDP projections for India: I discuss the GDP projections for India in 2030-31 across agriculture, industry, and services sectors. Agriculture and Industry are given a markup while public administration is given a markdown. I explain how Daily growth rates (CDGR) and daily reduction rates (CDRR) are important to achieve 2030-31 targets starting April 1, 2024.
3. List of Indian states and union territories: I give a breakdown of GSDP for various Indian states, noting some discrepancies between different data sources. I recommend that the top 6 states, target reaching $1 trillion GSDP, using Gujarat as an example to reach $1.5 trillion by 2030. I advocate reducing bureaucracy and public administration to enable the growth of companies and the economy. I propose a methodology to measure individual and company contributions to state GSDP based on physics, quantum physics, and metaphysics, the Science of Management Operating Systems. Track innovation, and measure performance.
4. Agriculture: To reach the agriculture goal, FPOs need to be connected with farmers and given production targets, utilizing innovations like automation, Drones, and AI.
5. Industry: For industry, companies like Tata committing large investments can be tracked to measure progress. Innovation and technology utilization are key.
6. Services: For services, expenses must be monitored and optimized, including investments in things like SAP or AI.
7. The Methodology: The methodology used for Gujarat’s GSDP planning should be replicated in every state to reach India’s $5 trillion economy target by 2030. Planning must start by April 1, 2024.
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