India's efficient digital payment system is now being adopted by nations like Singapore, he said (File)
Vice President Jagdeep Dhankhar on Sunday said that Bharat is charting its course to reclaim its glory as 'Viswaguru' (world leader) and it is going to be the third-largest economy by the end of this decade.
Speaking at the platinum jubilee celebration of XLRI in Jamshedpur, Mr Dhankhar said that the country is standing at the threshold of the fourth industrial revolution.
"It is indeed a transformative era propelled by cutting-edge technologies. The dawn of technologies like Artificial Intelligence, the internet of things, machine learning, quantum computing, 6G technology, and green hydrogen present unparalleled opportunities. These have the potential to redefine industries, reimagine solutions and revolutionise how we live and work," he said while addressing the students and faculties of the institution.
The vice president said, "Today, there is global recognition of our nation's prowess, be it on land, sea, air, or space. It needs the support of young leaders for creating an ecosystem that sustains our democratic values and our age-old civilization ethos," he said.
India's efficient digital payment system is now being adopted by nations like Singapore, he said and added that the World Bank recently said what India has accomplished in six years for digital inclusion, which would typically take 47 years.
"This commendation from the World Bank is a tribute to the present governance model that is highly accountable and transparent," he said.
The vice president told the students that it is crucial to understand that success is not solely measured by the weight of books or the pressure of grades, but by the passion of learning and resilience to overcome challenges.
"If you have an idea, you have to be in mission mode with passion to achieve it. That is also the reason our entire economic structure is changing," he said.
"A stress-free mindset not only enhances creativity and innovation but also cultivates holistic development. It ensures that each student flourishes not just academically, but as well-rounded individuals ready to tackle the complexities of life, beyond the classroom. Let us aspire to be the change makers as we move towards 2047," he said.
The Vice President also invited students and faculty of XLRI to visit Parliament.
He said the Indian Council of World Affairs will sign an MoU before January 31 next year with Xavier School of Management to interact with the global leaders of various fields.
Congratulating XLRI for completing 75 years of excellence and nation-building, he said the institute has contributed significantly to India's growth by producing leaders who are not only capable of driving economic progress but also nurturing the ethical values of our society and its needs.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)