Economy, Commerce & Taxation
India’s civilisational economic thought was rooted in balance — between wealth creation and ethical responsibility, self-reliance and global engagement, enterprise and social welfare. Ancient India’s prosperity, commanding 22 percent of the global GDP, stood on the strength of balanced growth, ethical trade and social responsibility. Over time, colonial disruptions and structural shifts eroded these indigenous strengths. Today, as India navigates a rapidly transforming global order, there is a need to draw upon this timeless wisdom, aligning growth with values and progress with purpose. Bharat Ki Soch envisions an economy that is competitive yet conscientious — rooted in India’s creativity, diversity and human potential. The focus must be on sectors that reflect India’s unique identity, generate sustainable livelihoods and cannot be easily replicated elsewhere.
Objectives
To study the models of commerce, trade and taxation in ancient India that promoted growth and stability.
Identify India’s historical competitive advantages that contributed to its global economic prominence.
Assess where these systems declined, and what lessons can be drawn for current policy frameworks.
To identify focus areas for India’s economic growth in the technology-driven era, combining human skill with innovation and cultural strength.
Map sectors that will generate the highest employment and are least vulnerable to automation — such as tourism, wellness, education, hospitality and traditional crafts.
Identify emerging sectors where India’s scale, creativity and experience offer non-replicable advantage.
To promote regionally anchored economic development by aligning state priorities with their inherent cultural and economic strengths.
In each state, identify key areas of inherent strength — such as cuisine, handicrafts, fairs, museums, heritage tourism and local industries — and integrate with broader economic planning to build distinctive and employment-oriented growth models.