India's growth has been strong in recent decades, but its structural transformation remains incomplete. Elaborate. State the measures taken by the government in this regard. (Answer in 250 words)

India is expected to grow at a rate of 6.4% in FY25 highest among all the major economies of the globe as put by the IMF. However, India faces structural issues in its growth trajectory: (1) Shift from primary to services in internal growth. EF: Economy shifted from 50% GVA primary sector (1950-51) to 42% GVA plus tertiary sector (2024-25) (2) Jobless growth: Forwarding more capital intensive growth th aw capital intensive. EF: India has emerged target of jobgrowth of natural manufact-

uring policy 2011. (3) Disguised unemployment in agriculture causing poor statistics and inadequate of hi jafactry. (4) Issues with business environment hamper growth of manufacting sector EF: Lack of 24x7 electricity in towns and cities even in the 2010s (5) Skilling issue: Only 4.7% of total workers in India have formal certification. (6) Job displacement from manufacturing to services is back to agriculture due to newer tech- automation- AI. Measures taken by the jost inthis regard: (1) Production linked incentive scheme inceot using additional productivis attracting investment in manufacturing

A PM Kaushal Vikas Yojane under Skill India- imparting skills of re-skilling workers. B Atmanirbhar Bharat package focusing on reducing import dependency in goodw like panel stc. C PM employment generation package improving employement especially those displaced during pandemic. D PM localization of food processing industries: Attracting people from agriculture to food processing. E CSIR-Champions portal for MSME- improving their financial health & technology adoption. F Foreign tradability 2023 to improve exports upto 2 trillion by 2027. Hence structural transformation need to be achieved to reach Vikrit Bharat by 2042.