India's Economic Rise: Key Drivers - Recovery, Demographics, & Diplomacy - Economy | UPSC Learning
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India's Economic Rise: Key Drivers - Recovery, Demographics, & Diplomacy
Medium⏱️ 10 min read
economy
📖 Introduction
<h4>India's Economic Resurgence Post-Pandemic</h4><p>India has demonstrated a <strong>strong post-pandemic recovery</strong>, showcasing remarkable resilience in its economic performance. This resurgence is a testament to various policy measures and inherent economic strengths.</p><div class='info-box'><p>India's <strong>Economic Capability</strong> has seen a significant increase of <strong>4.2 points</strong>. This metric reflects the nation's overall capacity to generate wealth and sustain growth.</p></div><h4>Boosting Future Resources and Demographic Dividend</h4><p>The nation's potential for future growth is further highlighted by an increase in its <strong>Future Resources score</strong>. This indicates a robust outlook for long-term economic prospects.</p><div class='info-box'><p>The <strong>Future Resources score</strong> for India increased by an impressive <strong>8.2 points</strong>. This substantial rise signals the strong potential of India's <strong>demographic dividend</strong>.</p></div><div class='key-point-box'><p>The <strong>demographic dividend</strong> refers to the economic growth potential that can result from shifts in a population’s age structure, primarily when the share of the working-age population (15 to 64 years) is larger than the non-working-age share.</p></div><h4>Non-Aligned Strategy and Global Diplomatic Influence</h4><p>India's foreign policy, characterized by its <strong>non-aligned strategy</strong>, has proven instrumental in navigating the intricate landscape of <strong>complex global dynamics</strong>. This approach allows India to maintain autonomy in its international relations.</p><div class='info-box'><p>In <strong>2023</strong>, India achieved a significant milestone, ranking <strong>6th in diplomatic influence</strong> globally. This high ranking underscores its growing stature on the international stage.</p></div><p>This strong diplomatic standing showcases India's <strong>active role in multilateral forums</strong>, where it contributes to global governance, peace, and development initiatives.</p><div class='exam-tip-box'><p>Understanding India's <strong>non-aligned strategy</strong> and its evolution is crucial for <strong>UPSC Mains GS Paper 2 (International Relations)</strong>. Link it to India's strategic autonomy.</p></div>

💡 Key Takeaways
- •India shows strong post-pandemic recovery with a 4.2-point rise in Economic Capability.
- •Future Resources score increased by 8.2 points, signaling significant demographic dividend potential.
- •India's non-aligned strategy enables navigation of complex global dynamics.
- •Ranked 6th in diplomatic influence in 2023, showcasing active multilateral role.
- •Sustained economic growth and strategic foreign policy are key pillars of India's rise.
🧠 Memory Techniques

95% Verified Content
📚 Reference Sources
•International Monetary Fund (IMF) reports
•World Bank reports
•Ministry of Finance (Government of India) publications
•Ministry of External Affairs (Government of India) reports