introduction that takes the reader to when India is an economic changes driven by technological progress, globalization and . They share a close relationship with the host city and are embedded in 'knowledge. The future of globalisation - at least as we have known it since the late s Initiation of market reforms in India in (after India experienced a financial crisis). .. that are part of its 'One Belt One Road' vision of a Trans-Eurasian transport corridor. Your download link will be emailed to you shortly. Interactive Discussion: Youth Development in Agenda relationship between youth development and social sustainability. .. NICHOLAS BOTONGORE (Kenya) said the Vision development blueprint aimed to transform his TANMAYA LAL (India) said the benefits of globalization had been .
Where all students of all societies are imparted education with value system. Where affordable quality healthcare is available to all.
Here, governance will be responsive, transparent and corruption-free. Where crimes against women and children are absent and none in the society feels alienated. A world in which every nation is able to give a clean, green environment to all citizens, is prosperous, healthy, secure, devoid of terrorism, peaceful and happy.
A world of nations with creative leadership to ensure mechanisms to resolve conflicts between nations and societies keeping peace and prosperity of the world as a goal. One of the goals is to reduce the rural-urban divide across the world.
More than three billion people live in rural regions and empowerment of these three billion is important from the perspective of inclusive development, sustained peace and shared prosperity. Bridging of the rural-urban divide is closely linked with the mission of overcoming poverty and inequity. Driven by the need for education, healthcare and income, the rural population is migrating to urban areas for better opportunities, often meeting with despair.
This further contributes to urban poverty as well leading to stresses and societal turbulence. The rural areas of the world have unharnessed resources, potential, youth and traditional skills.
They have to be encouraged to add value. We would need to evolve sustainable development systems and deliver in an entrepreneurial manner. The need of the hour is the evolution of sustainable systems that act as enablers and bring inclusive growth and integrated development to nations of the world.
One such sustainable development system is the mission of provision ofurban amenities in rural areas Pura by creating three connectivities: The villages must be connected to themselves and to towns by good roads and, wherever needed, by railway lines.
They must have other infrastructure like schools, colleges and hospitals.
- A P J Abdul Kalam's vision for a better, richer world in 2030
This is physical connectivity. Native knowledge has to be preserved and enhanced with latest tools of technology, training and research. The villages have to have access to good education from good teachers, must have good medical treatment, and new information on pursuits such as agriculture, fishery, horticulture and food processing. That means they have to have electronic connectivity. Once physical and electronic connectivity are enabled, the knowledge connectivity is enabled. That can facilitate productivity, knowledge, healthcare transparency and access to markets.
Once the three connectivities are ensured, they facilitate earning capacity, leading to economic connectivity. When we provide urban amenities to rural areas, we can uplift rural areas, we can attract investors, we can introduce effectively useful systems like rural BPOs and microfinance. The number of Pura for the wholeof India is estimated to be 7, covering 6,00, villages where million people live.
Similarly, about30, Pura complexes would berequired to convert the three billion rural population of the world into a vibrant economic zone and bringing sustainable development to rural areas. There are operational Puras in India initiated by many educational and healthcare institutions, as well as industry and other institutions. The government is already moving ahead with the implementation of Pura on the national scale across several districts of India.
A P J Abdul Kalam's vision for a better, richer world in - The Economic Times
Fahd Al-Rasheed So, where does growth come from? Growth will come from four key areas, all of which should have strong, positive implications for the private sector.
Cutting red tape and retooling government processes will make the economy more business-friendly and more competitive. This should have a particular impact on SMEs and entrepreneurs, who will benefit from a regulatory environment that is more supportive of their needs.
Completing and operating the many large infrastructure projects that the Kingdom initiated in the boom years such as the new King Abdulaziz International Airport, the Haramain high-speed railway, the King Abdullah Port, and the Riyadh Metro will provide important economic multipliers, creating opportunities in construction and operation as well as enhancing efficiency and effectiveness.
Enhanced infrastructure also creates growth in other sectors of the economy such as building materials, logistics, telecommunications and travel services while increasing efficiency of trade. Privatization and public-private partnerships offer particular opportunities, especially for well-established companies.
Privatization has long been proven to increase productivity, enhance long-term growth and generate higher revenues. And public-private partnerships draw on the strengths of both government and the private sector: Government establishes regulations, provides permits and guarantees financial resources; private enterprise deploys the most skilled personnel, manages projects and promotes efficiency.
The most significant opportunity for business, however, will depend on the willingness and ability of the private sector to pivot their activities toward new, high-growth sectors of the economy. Sectors such as minerals, infrastructure, logistics and transportation, residential construction, health care, insurance, leisure and tourism offer significant potential for growth by capturing latent demand in the domestic economy.
They create jobs and open up opportunities for small businesses and new enterprises as well as established companies. Many people doubt that Vision can happen. There are voices within the country and outside it who say that it is too ambitious and that Saudi Arabia lacks the resources to make it happen.
But there are good reasons to accept the viability of the plan.
Vision and the future of business in the Kingdom | Arab News
As a private enterprise, KAEC is not reliant on government contracts or oil revenues. We have, therefore, focused over the last decade exclusively on non-oil related industries such as logistics, pharmaceuticals and food manufacturing, which are inherently aligned with Saudi Vision In light of the Visionwe are now emphasizing new target growth sectors such as leisure and health care. It is a testament to the potential of the non-oil economy in Saudi Arabia that, despite the many challenges, the city has thrived.
We have overcome the regulatory and logistical hurdles of commercially starting a mega project on this scale. We have managed through two economic slumps. And, in only 10 years, we have created a world-class port, as well as a regional manufacturing and logistics hub, attracting major global and regional companies.
KAEC is a compelling evidence of the potential of Saudi Arabia as a non-oil economy and of the ability of the private sector to be instrumental in the implementation of the Vision The future is never certain and there remain many questions that businesses must consider in the short term.
Vision 2030 and the future of business in the Kingdom
How will that affect government income and spending? How will the introduction of VAT and the increase in utility costs affect consumer sentiment and spending? What do they mean for business costs and productivity?