India’s 100-Day Transformation Agenda: Five Pledges to Build a Developed Nation by 2047

MGMMTeam
Aug 19
3 min read

The Union government has set in motion a 100-day transformation agenda aimed at fast-tracking India’s journey towards becoming a developed nation by 2047. Speaking at the Lokmat Global Economic Summit, Union Minister Piyush Goyal emphasized that this ambitious plan is not only a policy initiative but a collective national responsibility. He described India’s youth as the primary drivers of change, urging them to take ownership of the country’s progress in line with Prime Minister Narendra Modi’s vision of “Viksit Bharat.”

*Goyal said no power can stop India from becoming a developed nation.(Bloomberg) | LiveMint*

The Five Pledges

At the heart of this transformation lies a set of five pledges, or “Panch Prans,” which were originally outlined by Prime Minister Modi during his Independence Day address. Goyal reiterated these as guiding principles for the nation’s growth trajectory.

The first pledge is a commitment to make India a fully developed nation, setting new global benchmarks in economic and social progress. The second is the resolve to shed the colonial mindset that has long constrained the nation’s confidence and ambitions, enabling India to reclaim its rightful position on the world stage. Alongside this, there is a call to take pride in India’s cultural and civilizational heritage, ensuring that development goes hand in hand with preserving traditions, diversity, and values.

The agenda also underscores the importance of unity and integrity as the cornerstone of national strength. Goyal highlighted initiatives like the International Movement to Unite Nations (IIMUN), which work towards strengthening solidarity across communities. Finally, he urged every citizen, from rural villages to metropolitan hubs, to contribute to nation-building, ensuring that growth is inclusive and benefits even the most marginalized.

Reforming Governance and Economy

Beyond these pledges, the government has laid out a clear roadmap for improving ease of living and doing business. Goyal explained that unnecessary compliances and bureaucratic hurdles are being reduced, creating an environment where businesses can operate without fear or restrictions. This effort is not only designed to attract foreign investors but also to empower domestic industries, including micro, small, and medium enterprises (MSMEs).

The government is also pushing for regulatory reforms that will streamline processes for citizens, making governance more transparent and accessible. The idea, Goyal stressed, is to create a system where every Indian can participate in and benefit from the nation’s growth story.

Expanding India’s Global Reach

Economic diplomacy has been another area of focus under this plan. India has successfully signed free trade agreements with countries such as the United Arab Emirates, Mauritius, and members of the European Free Trade Association, along with a landmark agreement with the United Kingdom. These agreements aim to open new avenues for India’s exporters, particularly in agriculture, animal husbandry, and small-scale industries, while protecting sensitive domestic sectors like dairy.

Goyal noted that India is increasingly emerging as one of the world’s most attractive consumer markets and investment destinations. Global confidence in India’s economic resilience is growing, making the country a crucial player in shaping international trade and supply chains.

Balancing Growth with Heritage

One of the most significant aspects of this vision is the attempt to strike a balance between modernization and heritage. The government insists that India’s journey to becoming a developed nation must not come at the cost of its traditions and values. Instead, development is framed as a continuation of India’s civilizational journey—rooted in its past, yet ambitious for its future.