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Development path for India will not be the same as China's: CBC chairman

By Business Standard - 6 months ago
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, Chairman of the Capacity Building Commission Adil Zainulbhai has said. Prime Minister Narendra 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,

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