Mahatma gandhi and jo, a lot of narrow this year indians, a mocking 76 years of independence, and their country has also reached another milestone. It has become the worlds most populous nation. And while india is home to some of the worlds oldest traditions, great, it is also modernizing fast. In july, its sent unmanned spacecraft to the mood. The country has its site set on becoming the worlds 3rd largest economy. By 2030 india has been lifting more people out of poverty and creating jobs across the country. In many areas, including heights acceptors like Artificial Intelligence, well be looking at indias, unstoppable rise in this edition of made the w as business magazine. Im to ponder to bellow. Welcome to the shelf. To the sky, isnt the limits . India is aiming for the moon. The country launched its 3rd moon mission on july 14. And if it manages to achieve a soft landing, india will become the 4th country in the world to have done so after the us, the former soviet union on china. Now thats a very small club. Lets take a look at how india is making a mark even in space. Water. On july 14th, 2023. An Indian Rocket was launched to the estimation succeeds. India will go down in history as the full country along with the soviet union. The us in china to successfully land the spacecraft on the moon. Its a historic event for the public and for the director of the indian space reset your organization. And he has already done that and 3 cut off into the side. So on with that on to the change and the spacecraft was on a stable, circular pulse around the us before leaping towards the moon in a tight circular old. Its while of admissions take less than a week. This one will take over a month. Why . So now it shows this to choreograph its travel is over to the moon in a very different fashion if youve noticed. So well get that in, say, 40 days or 45 days. Whats the hobby . You say a few. Well, you save money. I think its port to the Indian Space Research organization was founded back in 1969. It cooperates with 400. 00 to 500. 00 Indian Companies and stops its business benches include telecommunications and the Satellite Technology as well as meet your logical observations and results. Exploration in the long term i see that all companies bought to new Space Companies and all Space Companies wake on to butte. So not only to the space segments, but also i would say future infrastructure on the moon that india will build. Um, hopefully in collaboration with the moon sharing nation out into the National Space programs finance. The us has the largest space budget at 24000000000. 00. China has the 2nd largest with over 11000000000. 00. The e u with 7. 8. And india is next with 1600000000. 00 in front of japan. India is place to complete the moon landing the full b, e. U in japan. In 2008, india successfully identified was who deposits on the moon for the 1st time with the chandry on to prove by efficiently using its capital. India has succeeded in making a name for itself as a reliable partner among the nations taking part in the interNational Space race age of our kind of tree missions, whether its job 3 on missions or among allowed mission. We have bailouts, which are all from other countries including the United States. If you might recall on chandry on to the discovery of what the molecule is, you know, ice water, what your ice on the moon was made by a nasa instrument thats true on challenging on the spacecraft. With all that the moon, as an altitude of 100 kilometers before slowly descending to the moon south side. From that it will release balloon elanda, which will then start collecting data. It will stay there forever, but it has the life of one single new nod day, which is about 14 or its days. And the robot will sort of dr. Abouts in the surrounding terrain, and do some geological sized, logical, and study them in their ology of the place at last well be looking at uh, moon quakes. If the landing is successful, it will be a major not only for the Indian Space Research organization, but for the people of india or as well. The public is ecstatic. Everybody would be due to their televisions. It wouldnt be like a crickets find out or you could even compare it to the premier of great bollywood film. The moon landings, with tanning points and us and russian history, it could be similar for india, for its people. It would be a great achievement on the path to joining the upper echelons of international Space Research and becoming an economic wealth power. Earlier this year, india over to china is the worlds most populous nation, with around 1400000000 people. After reaching that milestone, india is determined to become one of the worlds biggest economies. And despite some challenges, it has some advantages compared to a country like china. So it seems as chances are fulfilling it, so you cannot make commissions look promising. As this report shows, india is a country of super low temps with a growing economy, but its also facing many challenges. The country aims to have the worlds 3rd largest economy by 2030. In a recent address to the United States congress, india is prime ministers that hes country as well on its way to achieving that goal. India. But, but then to law this economy into one and 2 they of india is the lar, this gets on, on the us, china, japan and germany are the countries with the worlds highest gross domestic product. In 2022, india will be in 5th place at around 3. 00 trillion us dollars. Thats more than the u. K. What makes india so successful . One factor is its population. More than half of the countries inhabitants are less than 30 years old. India has been fast approaching china to be the worlds most populous country for a while now. And according to you in calculations, india has already overtaken china with the Current Population of more than 1400000000 people. By 2064 in the Us Population will have grown to 1700000 people, which will make it 50 percent larger than chinese population, which is actually shrinking. But there are also structural problems, including serious issues with india as the job market. Most jobs are low, skilled, and poorly paid for academics. On the other hand, theres too little work because the field is not developed enough yet. Yeah, so it in sections of indian science and technology, we should favor. And also in the i can send rockets into space and i can do know all these things which is not equal and con, please can not going to have an aircraft carrier. And you have these id, the, the Information Technology companies i took from me to be exact there my name does not really the newest, strong in that sense, but its not really any at this level id, which many of us and government, they just pick that in the eyes even worse, only 20 percent of the female population because the page on the Indian School system teaches to few basic skills and trains fewer academics than other industrialized nations across in new schools, particularly in the areas student board. I dont know just the full 5 need people say without being able to read a single line in any language, not just in those without being able to do some the calculations, including addition and subtraction. Indias Economic Growth is also reflected in the growing prosperity of many people. The middle class is expanding and there are increasing numbers of rich people at the top. We have money to invest in the economy. However, the distribution of wealth in the country remains on equal. The countries number of us dollar millionaires is going, it was around 80002021. And estimates indicate the number will double to over 1600000 by 2026. India is known for chaotic traffic and dilapidated roads. This is now set to change things to master the expansion of the countries infrastructure. Since 2014, the country has been expanding its highways by around 10000 kilometers a year. Thats almost as much as the entire german highway network. The, the number of passenger airports will double to around 100 uses. In 2023. The india is also number one globally for mobile internet use. An apple already prefers to produce smartphones in india rather than in china. Of the 200000000 iphones produced worldwide 6500000 came from india last year. That figure is expected to rise to 10000000. 00 units this year, and then to 15000000. 00 in 2024. By 2025, a quarter of the world by phones could come from india if weve done the same, for example, in drink, seeing relating, not only the apple, apple technology, apples management style, it also rings. Thing the way were doing things, but the india wont be able to rely on Market Forces along to become one of the top nations that comically the country need strong policies that emphasize education, infrastructure and businesses. India has long been one of the worlds leading tech hubs, including in areas such as Artificial Intelligence, whether its apple, microsoft, amazon, or google. The tech giants are also, theyre helping drive innovation in the country. The Global Market for a i is huge. In 2021, it reach 90000000000 euros on the welds. A market is expected to reach a whopping 1. 7 trillion euros by 2030. But before that happens, Artificial Intelligence will need enormous amounts of data to be able to function adequately. And some of that will come from southwestern india in the state of carola, where women in particular feeding machines with a data needs to function in the state of corolla in southern india, people lead what can seem to city dwellers along the last way of life. Thomas, bringing the harvest as the traffic rose laser defined the problems of india cities of far away. Yet its here, the new texas are popping up all over the place, which he kind of sorry, comes from the area. He didnt go to college but has become a high fly. Anyway. Hes saved and sold his mothers jewelry to help in this tacit business. So it teaching the human intelligence to a machine that is symbolic or Artificial Intelligence. We also use the Machine Learning for example, they call it the table for safe driving. Gotta just call the data. So in order to teach this machine of this car of to driving the profit, what is human, what is, or what is weight goes. We teach the machine by labeling on updating objects. Color. Siri was one of the 1st from his home state to come up with this business idea, a similar offense who makes the real world understandable to computers are appearing worldwide. And particularly in poor countries, such as kenya, argentina, or india. Firms like these quickly find work is in rural areas where good Job Opportunities of few and far between. The company says it has higher social standards than others, especially regarding its female employee. The woman who working for looking in other companies should get is qualitative estimates. On equal treatment, like the way of talking about specs on those things, im most importantly, safety like they do not. You still at the moment in the, in the place 25 years old russian a found work here after her fathers death. She has to help feed her family. This job is like um giving it, giving in india. I liked it to me. Like a i c as in india, like im only know, im says defending. And im hope freedom of like a Financial Freedom is something different. If youre experiencing that, the company in folks needs these women, it knows the competition is strong and wants to keep its worth his loyal interests and coverages its work is to use the communal gym. Thats just one of the keys thats taken from american stats as a celebration, birthdays together. Um, so the nice thing to own football tournament the both regularly 1st big company, then the new highest and on average, around 250. 00 euros a month here. Very inexpensive, in comparison to what other International Terms are paying for such demanding what the chances of Career Advancement of good for women and corolla businesses. Especially if like rush me very education at the ending them inside of getting load off, which and to explode. The research to be independent and to gain our job when we did the source of all mothers or any of them and related to a family thing. So didnt do that to that. They have got a lot of stuff to do at used to learn or to go to work on it. But the infrastructure has changed a lot. And the mentality of people has also changed a lot, grossly lives with their mother and brother. Thats not unusual. Many work is to live with parents. The boss likes to give his tech colleagues that says jobs off to graduation from high school or college. It wasnt difficult. Whats to them . I a my plan. My reason is to Bring Development opportunities and possibilities to my village. Thats the only help the stories are here in the country side. People often have no other option. Its just enough to for them to to be fed is just enough to keep them dependent because they cannot believe that the work they cannot complain. They cannot ask for brother conditions because otherwise they are fired then they dont have other opportunities. So its just enough to keep them dependence, but its not enough to really get them out of port. And thats a problem rush and he says that doesnt apply to the Company Offers lieutenant to pay and health insurance. She feels the job has given have freedom. We could say for the assessment to begin uh give a better life for a family. So this is a really good physically see a combining of the companies and the boss knows what he means. He wants you to give his work is the best at the tone. Thats by no means the stand it in the world of a i day to persistence, but at least this has given lots of people in toronto work and fresh prospect. Its kind of a, i tell us what the value of a well or tree is. Well, green economists are increasingly saying that we need to put a dollar amount on what a tree a well or even a b is worth. Cuz we want people to do more to protect nature. A reporter, amanda, cool. Some drive in there took a look of what that could look like with the help of a i imagine a world where we saw nature for what its worth while we would recognize the life around us for more than just its beauty. Because almost half of the worlds economy, 44. 00 trillion dollars depends on Natural Services like pollinating, capturing carbon and purifying water. These are all valuable to our economy, but they arent valued in our economy. Nature like this is being left out of the equation. Its easy to tell when a living thing is valuable. Like with this tree, its actually huge. Its old and gorgeous and sits, and one of berlins most beloved part. But its hard to translate that into a price. How much do you think this tree should be worth . Much money . No idea. No price, it shouldnt cause anything. Its a federal case. Several, definitely. Several. Most people have no idea how valuable living trees and why shouldnt that nature usually doesnt have a price until its dead. This is often a huge problem. Lets say a logging Company Wants to come in and cut down these trees for timber. We know super well how much these trees cost once theyre caught. So we have 200 oak trees worth of timber on one side and basically a huge question mark on the other. We dont know the cost of chopping down a forest or how much value weve lost. Thats because theres so much of play, forrester, unbelievably complex eco systems. One way to estimated trees value is to add up what good it does with the environment. This website in the us does just that we need to put in the diameter of the trunk where its located and what kind of tree it is. Ready as i said, i dont know what kind of trade is the value is calculated based on how much Carbon Dioxide the tree captures. Ready ready coming ok, how much storm water runoff it stops . Are you condition . Okay, it looks pretty excellent as well as how many pollutants like ozone and carbon monoxide, it removes from the air. Now we gotta measure, i feel super weird doing this. Its estimating so estimating this tree this year is worth a 109. 00 over the next 20 years. Its worth 2207. 00. Dont seem like that much for such a beautiful tree. The values are really conservative, though, because theyre based on things like carbon pricing, wastewater treatment, pricing, and improved human health outcomes. So 200. 00 log trees would mean 454000. 00 in Ecosystem Services lost over the next 20 years. A lot of the cheese value isnt included in that calculation, so it isnt perfect, but it does put nature into the equation and it applies far beyond logging. Green economists like ralph shami, think pricing natures absolutely necessary in the fight against the climate change. Its not enough to sing songs about the way its in the gold has a st come by. Uh and right one more pull him about the way you let a team of the International Monetary fund to the 1st to put a price tag on a blue. Well, with a die, and if you spoke to waive, she would say, hey ralph, to stop crying about me, leave me alone. Go in peace maam. And by the way, you owe me money cuz im saving you, but i am a team valued a blue. Well, a 2000000. 00 visa and its activities in the ocean that capture carbon well swoop at the surface. And well, who contains exactly what fido clinton need to grow . Fido clinton in turn produced at least half the worlds oxygen. No wells, no fido plankton, no oxygen, why do way to repay the wells and the other nature is using that price tied to know the benefit of conserving them. This is already happening in the form of carbon credits, an individual other companies can buy to protect an area. Heres how it often goes. Lets say an island wants to profit from protecting it, see grass. Someones like ralph shami goes there and calculates a value for the c grass. Similarly to how i calculated a value for that treat based on that value. A government or company sets up a carbon scheme through which those looking to offset their emissions can pay to conserve the seat. Grass and valuations are starting to include more aspects in just carbon in the future. We could also see credit based on how much bio diversity to see grass supports putting a price type on nature can also help underserved communities. Its estimated that indigenous communities manage nearly 1000000000. 00, has stairs, with land globally, and nearly 80 percent of the worlds about diversity that Living Nature and intact about diversity are worth money thats ignored in the global economy. The people who conserve them are working for free. One way to change that is to payment for Ecosystem Services. We are living in some of the most probably these 3 can and we showed them through my decisive that we should be left alone. Leave that way because thats also not fair. Many to go on is kochenda igor, at people indigenous to the philippines. Shes working on ways to make Carbon Markets more equitable, Many Community sites struggling, and they need an update at the source of income instead of paying the Carbon Offset to a company or government payments are made to local communities, preserving their local eco systems. So hold on, this all sounds pretty good, but theres one huge thing we havent talked about the idea. A putting a monetary value on a tree is just weird. Do you think we should put a price tag on nature . No, no, no, absolutely not. Its habitable. Have to, theres an ethical dilemma for communities to say that we will get money very benefits from funding for us. So when we have always looked at the forest and some beeping equity step, how do you put the value, for instance, on the fact that this forest are the resting ground. So if i were upset stories that definitely wouldnt make it into a price tag. In fact, most of the price tag is based on the price of carbon. So all the benefits from valuing nature basically rely on global Carbon Markets. This website takes Scientific Data from this tree and multiply that by the price of carbon to determine the value, the websites from the u. S, where the price of carbon is cheaper. If the website were from the u, this 3 would actually be more expensive. This is one mass to hole in carbon pricing. It can be different everywhere and changes over time. Carbon markets also make it easy for companies to continue business as usual. Selling carbon can also reinforce inequalities in order to put a price on a protected area. Remember that someone like ralph shami usually comes in to do the evaluation. This can be a problem. Land owners are incentivized to plan to not need 5 species instead of indigenous species because it creates a new type of landscape that could back carbon faster, june Robust Research as Nature Conservation from an indigenous perspective. Critics have used terms like carbon colonialism to describe this new wave of capture, enclosure from each it by capital indigenous in local communities can end up being told how to manage their own land. And often benefits go to governments where the companys was just a small percentage reaching the actual communities themselves. One thing thats never going to go away is the discomfort and wrongness of putting a monetary value on. Something is majestic, is this tree, or a blue whale . For now, many Decision Makers only speaking the language of money, not majestic nests, until that changes valuing nature could make it more visible to them. So should you put a price on nature in many places we already have, but just how it depends on the circumstance. When we know the value of Living Nature, its easier to protect it. And if its destroyed, finds their way easier to calculate. When it comes to carbon credits or paying people for taking care of ecosystems, we need to carefully examine whos doing the evaluation and where the money ends up. Because in the end, were still relying on Market Mechanisms which are exactly what got us into this mess in the 1st place. Now, i guess if i knew the value of everything, i too would change my behavior, especially if the market mechanism rewarded it. And that brings us to the end of this edition of made. Thank you so much for watching to join us again next time until then from me and the entire team here in berlin. Its good by the entered the conflict. How rome did you have any promotion really go in his latter uprising, my guess is to be done accomplished soon as russian investigative journalist as Security Services expert address. So that is adding to our website tracts, the russian intelligence center. How long hold on about the 30 minute dw, growing up in mongolia. Oscar is 10 years old and he loves life. 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The head of the United Nation says and International Force needs to go in to come about the on the games is overpowered, the police said coming up, rescue a desktop to search for victims of the wild fires in haiti in hawaii. President , job item will fly in on monday to inspect the damage for himself. Im seeing the book that place in the womens well come find the big 3