Context
India needs to redouble its efforts to create inclusive and inclusive economic growth.
 
India’s ambitious technological initiatives 
·         Government investment in advanced technologies: In the 1950’s-60’s, India created prestigious institutions and demonstrated its commitment to innovation.
·         The Moonshot Strategy: Analysts questioned India’s public investment in technology, indicating a preference for labour-intensive sectors. Technology’s high costs necessitated public support
·         Effort and vision: Leaders such as Vinod Sarabhai envisioned the use of technologies such as satellites for national growth, including in telecommunications and education
 
Inequalities and hindrances to progress 
·         Inequalities in land ownership: Inequalities in land ownership limited the assets of marginalized groups, hindered education, and perpetuated social inequality in the employment market.
·         Economic impact: Inequalities affected India’s economic growth, distorted domestic demand, weakened mass-consumptive industries, and reduced entrepreneurial diversity and innovativeness.
·         Investment in key industries: India must reinstate its efforts to compete in fast-growing economic fields such as semiconductors, biotechnology

India's Development Strategy Reviewed  
·         The Need for Generous State backing: India must recognise its historical achievements in industry and technology, reintroduce state backing, and update its industrial policies in line with international best practises.
·         India should concentrate on fostering more inclusive and broad-based economic growth.
·         Accessibility to education, especially higher education, should be made a priority for all people, including underserved and marginalised groups.

LTX Mains Question
  Q. "Discuss the significance of India's early investments in advanced technologies and the role of public funding in the success of its space programme." Examine India's ongoing social and economic inequities and how they affect the country's industrial and economic growth.