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8.5 per cent GDP growth needed over several years for India’s transformation: Speakers at Swadesh Conclave 2025

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Retired JNU Economics Professor Arun Kumar on Wednesday said India needs high rates of growth over the next few years at 8.5 per cent to become a developed nation by 2047.

Speaking at Swadesh Conclave 2025’s Transforming Bharat through Commerce, Industry & Technology in New Delhi, Kumar said the income per capita should be $14000, it is around $2700 in India now. “We need high rates of growth at 8.5 per cent to grow demand and jobs and all of this has to be equitable.”

Speaking on the economic structure, he said employment is a big issue. Women also face unemployment. Only 6 per cent people work in organised sector, the rest in unorganised sector, and it is not contributing to demand. This is why the disparity.

If demand from unorganised sector goes up, even organised sector will grow fast. Currently, growth is dependent on 10 per cent of organised sector.

Decades ago, China focused on the rural areas and unorganised sector so that demand can be constant and drive growth. It has invested heavily in R&D and has reaped great growth. We need to do that also. For this, we need a good education, Kumar said.

US President Donald Trump is showing the raw, tough face of capitalism. The West won intellectual property rights through the WTO but the soft face of capitalism is gone. Now, the tough face will face a market crash like they did in the late 1920s.

Transformation through technology is being hastened by AI. It has changed blue-collar jobs in technology such as car factories and will threaten white-collar jobs now, such as journalists, doctors and more.

Physicist & JNU Professor of Econophysics Anirban Chakrabarti said an interdisciplinary approach is needed to combat challenges, including climate change which is causing cloudbursts and droughts at the same time. This will need experts from various sciences to come together.

He said there has been a boom in AI with students taking admission in courses to study it. It is important to understand all aspects of the entire system.

Explaining how AI can help, he said one can record data and use machine learning to see trends. “If we can predict price volatility via ML tools, it will help small farmers to decide what crops to sow. I can tell how market is moving and the volatility the farmers can face, help them make well-informed choices.”

He said many regulatory bodies including RBI, SEBI using AI-ML to predict trends etc so that India can be transformed into a developed nation by 2047.  

OTBL Chairperson (retd) Sushma Rawat thanked the organisers for holding the Conclave in an effort to bridge the gap between people over the transformation technology and AI can bring about.

She said she joined ONGC in 1989 as a geologist, was in ONGC to explore oil reserves and other group companies. Recalling the story of oil in India, she said oil was first in Assam’s Digboi in 1889 when they found sticky substance on elephants’ legs. It was a held belief in the West and among people that oil was only in Assam, India. After Independence, we struck oil off Gujarat in 1959 under the ONGC, she said.

Rawat called upon the dignitaries and attendees at the gathering to have belief in oneself and one’s nation. Recalling the transformation in technology across the ages, she said, “I had a 386 computer in 1990, then Sun Microsystems, now all talk is of AI, IoT, data analytics. The changes have been gradual and not sudden. For instance, the mobile phone is a guru and can answer almost all our queries. It will grow further exponentially.”

She told the youngsters at the event to remain curious and keep on learning.

Differing with Prof Arun Kumar’s AI predictions, Supreme Court Senior Advocate Shri Pradeep Rai said AI will not take away all the core functions of doctors, lawyers and journalists. AI will be of help but cannot investigate, for instance, like journalists can, he said.

Blinkit, Google Pay etc were things which could not be imagined in earlier times, all innovations brought through by technology, said Rai.

The virtual hearings in courts during the pandemic were done because of the availability of technology. It has become commonplace now, making distances a remote thing of the past, Rai noted.

The Senior Advocate said the monopoly of US companies will be a problem. He cited an instance where Google refused to share data with Apple until the court forced them to. Without data, there is no AI, he added.

Kerala State Financial Enterprises Ltd (KSFE) Managing Director SK Sanil said micro-finance institutions are needed for the welfare of the poor. Bangladesh’s Mohammad Yunus and his Grameen Bank have been a success in that country. The innovation which made a great impact won him the Nobel Prize. Micro financing can help the poor and the needy in the drive to transform the country.

In her address, Balaji Foundation Chairperson Smt. Rajshri Rai introduced the Swadesh Conclave, saying it is a platform for collective dialogue. She said this year is the sixth edition of Swadesh Conclave. Swadesh is the platform to talk about national interests. This year’s theme is Transforming India. She quoted Faiz Ahmed Faiz’s Bol, saying everybody is entitled to airing their opinion and welcomed them to the Conclave.

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Rahul Gandhi accuses Modi of foreign backing, BJP hits back with UK clip

Rahul Gandhi alleged that foreign forces helped Narendra Modi become Prime Minister and continue in power. The Congress leader also challenged Modi to an open debate, while the BJP responded by sharing an old video of his remarks during a UK visit.

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Rahul Gandhi

A fresh political confrontation has erupted between the Congress and the Bharatiya Janata Party (BJP) after Leader of Opposition Rahul Gandhi accused Prime Minister Narendra Modi of becoming and remaining in power with foreign assistance.

Gandhi also challenged the Prime Minister to an open debate on the issue, saying he was ready to face him on any platform and at any time.

The BJP responded by bringing up an old video of Gandhi from his visit to the United Kingdom, reviving the controversy surrounding his remarks about India’s democratic institutions and the role of foreign countries.

What Rahul Gandhi said about PM Modi

Gandhi’s remarks came in response to Modi’s recent comments targeting the Opposition during his address at the Rashtriya Ekta Diwas celebrations in Gujarat on October 31.

In a post on X on Monday, Gandhi accused the Prime Minister of relying on foreign support to attain and retain power.

“Mr Modi, stop lying to this nation. You became PM because of foreign help. You remain PM because of foreign help,” Gandhi wrote.

He further alleged that India’s financial system was fully controlled and supported by foreign entities and claimed that foreign social media platforms backed the Prime Minister.

The Congress leader also challenged Modi to discuss the allegations publicly.

“I challenge you to an open debate about this. Any stage, any time. Come if you have the guts,” he said, adding that the Prime Minister would not accept the challenge because of what Gandhi claimed to know about him.

Why PM Modi criticised the Opposition

Gandhi’s response followed Modi’s address at the Rashtriya Ekta Diwas event in Ekta Nagar, Gujarat, marking the 151st birth anniversary of Sardar Vallabhbhai Patel.

During his speech, the Prime Minister accused the Opposition of moving away from its democratic responsibility of questioning the government and instead becoming an obstructionist force.

Modi described the Opposition as an “Avrodh Paksh” rather than a “Virodh Paksh”, alleging that it was creating obstacles to the country’s development.

Without directly naming Gandhi, the Prime Minister also raised questions about the foreign visits of certain political leaders and their alleged connections with forces opposed to India.

“Who is secretly meeting whom abroad? Whom are the anti-India forces supporting? Who is speaking the language of India’s enemies?” Modi asked.

He also expressed concern over the use of social media to spread rumours and attempts to damage India’s image.

BJP brings back Rahul Gandhi’s old UK remarks

The BJP responded to Gandhi’s allegations by sharing an old video from his UK visit, bringing attention back to his earlier comments about India’s democratic institutions and the involvement of foreign countries.

During an interaction at Chatham House in London in March 2023, Gandhi had alleged that several Indian institutions, including the Press, judiciary, Parliament and Election Commission, were under threat.

He had also questioned why Europe and the United States were not doing enough to raise concerns about what he described as threats to democracy in India.

The remarks had triggered a political controversy at the time, with the BJP accusing Gandhi of seeking foreign intervention in India’s internal affairs.

BJP leaders had demanded an apology from the Congress leader over his comments during the UK visit.

The resurfacing of the old video has brought those earlier remarks back into the political debate as the Congress and BJP trade accusations over alleged foreign backing.

Political confrontation intensifies

The latest exchange comes amid an ongoing confrontation between the ruling BJP and the Opposition over several issues, including allegations of electoral irregularities and the role of constitutional institutions.

Gandhi’s challenge to Modi for an open debate has added another dimension to the political dispute, with both parties questioning each other’s alleged connections with foreign forces.

While Gandhi has accused the Prime Minister of benefiting from foreign support, the BJP has repeatedly questioned the Congress leader’s overseas remarks and alleged attempts to involve foreign countries in India’s internal political matters.

Neither side’s allegations about foreign backing should be treated as established facts without supporting evidence.

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Delhi Pollution: GRAP-II curbs imposed across NCR as AQI hits 324

Delhi’s air quality deteriorated to the very poor category on November 2, prompting the CAQM to implement GRAP Stage II across Delhi-NCR. The measures aim to control dust and vehicular pollution.

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Delhi’s air quality deteriorated to the ‘very poor’ category on Monday, November 2, prompting the Commission for Air Quality Management (CAQM) to invoke Stage II of the Graded Response Action Plan (GRAP) across the National Capital Region (NCR) with immediate effect.

The national capital’s Air Quality Index (AQI) reached 324 at 4 pm, placing it in the very poor category. The deterioration followed a sharp increase in pollution levels over three days, with the AQI rising from 117 on October 31 to 261 on November 1 before crossing the 300 mark on Monday.

The CAQM attributed the worsening air quality to unfavourable meteorological conditions. Forecasts by the India Meteorological Department (IMD) and the Indian Institute of Tropical Meteorology (IITM) also indicated that Delhi’s air quality could remain in the very poor category over the coming days.

What is GRAP Stage II and why has it been imposed?

The Graded Response Action Plan is a set of emergency measures designed to tackle worsening air pollution in Delhi-NCR. It has different stages based on the severity of air quality.

Under the AQI classification, readings between 301 and 400 fall in the very poor category. GRAP Stage II is applicable when air quality reaches this range.

With Delhi’s AQI climbing to 324, the CAQM directed authorities to implement Stage II measures across the NCR. The directions also require agencies to continue implementing measures under the earlier stages of GRAP.

What restrictions come under GRAP Stage II?

The second stage of GRAP focuses on strengthening pollution-control measures, particularly those related to road dust, vehicular emissions and other sources of pollution.

Some of the important measures include:

  • Road cleaning: Authorities are required to intensify mechanical sweeping of roads and water sprinkling to control dust.
  • Traffic management: Traffic police are directed to manage congestion at busy roads and intersections.
  • Vehicle checks: Enforcement teams are required to intensify checks for valid Pollution Under Control (PUC) certificates and take action against visibly polluting vehicles.
  • Parking charges: Higher parking fees are among the measures intended to discourage the use of private vehicles.
  • Diesel generators: The use of diesel generator sets is subject to stricter regulation.
  • Public transport: Authorities are required to encourage the use of public transport to reduce vehicular emissions.

These measures are intended to reduce pollution levels across Delhi-NCR.

Delhi’s AQI worsens over three days

Delhi witnessed a significant deterioration in air quality over a short period.

The AQI stood at 117 on October 31, placing it in the moderate category. It subsequently increased to 261 on November 1, entering the poor category.

On November 2, the reading climbed further to 324 by 4 pm, pushing the national capital into the very poor category.

The situation was also reflected in readings from individual monitoring stations. Several locations recorded AQI levels above 300.

Among the areas reporting high pollution levels were RK Puram, ITO, Akshardham, India Gate, Alipur, Dwarka Sector 8 and Delhi University’s North Campus.

With pollution levels worsening and unfavourable weather conditions expected to persist, authorities have been directed to strengthen enforcement of the prescribed pollution-control measures across the region.

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PM Modi to inaugurate Pune metro pink line, launch Rs 21,800 crore projects

Prime Minister Narendra Modi will inaugurate Pune Metro’s Pink Line and lay the foundation stone for Phase II projects worth around Rs. 13,500 crore on November 3. The combined value of the projects is approximately Rs. 21,800 crore.

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PM Modi

Prime Minister Narendra Modi will inaugurate Pune Metro Line 3, also known as the Pink Line, and lay the foundation stone for four new metro corridors under Phase II on November 3. The projects, taken together, are estimated to be worth around Rs. 21,800 crore.

The inauguration and foundation stone-laying ceremony will take place through video conferencing at 12:30 pm. The Prime Minister will also address the gathering.

The programme includes the inauguration of the approximately 23-km-long Pink Line, developed at a cost of over Rs. 8,300 crore, and the launch of Pune Metro Phase II, which has an estimated cost of around Rs. 13,500 crore.

Pune Metro Pink Line to connect Hinjewadi and Shivajinagar

The Pink Line, officially known as Pune Metro Line 3, will connect Maan with District Court Metro station. The approximately 23-km corridor will provide metro connectivity between Hinjewadi, one of Pune’s major IT hubs, and Shivajinagar.

The new line is expected to improve access to important employment, commercial and residential areas, particularly benefiting IT professionals and other daily commuters.

It will also integrate with Pune’s existing metro network, allowing passengers to travel between different parts of the city more conveniently.

The project is expected to reduce dependence on private vehicles, ease traffic congestion and help lower vehicular emissions.

Pink Line to be operated entirely by women

An important feature of Pune Metro’s Pink Line is that it will be operated entirely by women train operators. The initiative has been highlighted as a step towards women’s empowerment and gender-inclusive public transportation.

The corridor also incorporates renewable energy measures. Around 30 per cent of its total electricity requirements are envisaged to be met through solar power.

Four new corridors planned under Pune Metro Phase II

Along with inaugurating Line 3, PM Modi will lay the foundation stone for Pune Metro Phase II, estimated to cost around Rs. 13,500 crore.

The expansion will comprise four corridors — Lines 2A, 2B, 4 and 4A — aimed at improving connectivity across major residential, commercial and IT hubs.

The proposed routes include:

  • Line 2A: Vanaz to Chandani Chowk.
  • Line 2B: Ramwadi to Vitthalwadi.
  • Line 4: Kharadi to Khadakwasla.
  • Line 4A: Nal Stop to Manik Baug.

Lines 2A and 2B will together cover approximately 12.75 km. Line 4 will span around 25.52 km, while Line 4A will cover approximately 6.12 km.

The eastern extension between Ramwadi and Vitthalwadi is expected to improve connectivity to developing residential, commercial and IT areas in Kharadi and Wagholi.

Key Pune areas to benefit from metro expansion

The proposed Phase II corridors will connect several important locations across Pune, including Kharadi, Magarpatta, Hadapsar, Swargate, Manik Baug, Nanded City, Pune Cantonment and Warje.

The new corridors will also integrate with the existing Pune Metro network and intercity bus services through interchange facilities at Swargate, Nal Stop and Kharadi Bypass.

The expansion is aimed at strengthening public transportation infrastructure and providing commuters with a more integrated urban mobility network across the city.

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