A mocking 76 years of independence, and their country has also reached another milestone. It has become the worlds most populous nation. And well, india is home to some of the worlds oldest traditions. Great. It is also modernizing fast. In july, its an unmanned spacecraft to the mood. The country has its site that on becoming the waltz 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 limit. 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. Wonder on july 14th 2023. An Indian Rocket was launch to them. If the mission 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 take it off. Ended up in size a little bit that on to the change and spacecraft was on a stable circular pos around the us before leaping towards the moon in a tight circular orbits. While of admissions take less than a week. This one will take over a month. Why so no india chose is to choreograph its travel, is over to the moon in a very different fashion if youve noticed. So well get that and 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 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 nations out into the National Space programs finance. The us has the largest space budget at 24000000000. 00. China has the 2nd largest with over and 11000000000. 00, the e u, which 7. 00. 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 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 are far cabinetry, emissions, whether its job on missions or among allowed mission. We have bailouts, withdrawal from other countries, including the United States. If you might recall on generally on to the discovery or what the molecule is, you know, ice water, what your ice on the moon was made by a nasa instrument thats pretty one 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 the lunar land, 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 days. And the robot will sort of dr. Abouts in the surrounding terrain and do some geological sized, logical. Im studying the mineralogy of the place at last. Well be looking at uh, moving quakes. If the landing is successful, it will be a major issue, 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 the televisions. It wouldnt be like a cricket find out or you could even compare it to the premier of grapes. Bollywood film. The moon landings with turning points in 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 in 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. Despite some challenges, it has some advantages compared to a country like china. So it seems as chances are fulfilling its economic ambitions look promising. As this report shows, india is a country of super low to 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, cindy is prime ministers that hes country as well on its way to achieving that goal. India. But, but then to log this economy into one thing to day 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 it the 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 china as population which is actually shrinking. But there are also structural problems, including serious issues with india is 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. Certain sections of indian science and technology, restrict favor. And also when they can send rockets into space and they can do know all these things, which is not equal and countries cannot go in there now have an aircraft carrier, and you has these id, the, the Information Technology companies i took from me to be accepted when it does not really the lowest strong in that sense, but its not really india. Theres never, id which many of us and Government Data has picked that india. Its even worse. Only 20 percent of the female population, because a page on the Indian School system teaches to few basic skills and trains fewer academics than other industrialized nations across Indian Schools, particularly as it is 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 additional 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 match. So the expansion of the countrys 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 150. 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 units this year and then to 15000000 in 2024 by 2025. A quarter of the world by phones could come from india. If weve done the same, for example, in drinks in relating, not only the apple, Apple Technology at both management style, it also rings same the way were doing things. But india wont be able to rely on Market Forces along to become one of the top nations 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 they are helping drive innovation in the country. The Global Market for a i is huge. In 2021. It reach 90000000000 euros, and 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 assembled. 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 programs of india cities of far away. Yet its here, the new tech systems are popping up all over the place, which weve kind of sorry, comes from the area. He didnt go to college but has become a high fly. Anyway, he saved and sold his mothers jewelry to health and stone soup business. So that teaching the human intelligence to a machine that is symbolic or Artificial Intelligence, we also use machine learning, for example, it called at the table for safe driving. Got to just caught on this night. So in order to teach this machine or discard of to driving the profit, what is human log base or what is weight . Because 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 to simulate sams hand makes a 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 lumen, who looking for it, looking in other companies, should get it. Qualitative estimates and equal treatment nature. They also talking about specs on those things and most importantly, safety like they didnt know if there was a moment in the, in the place 25 year old russian a found with him off to his fathers desk. She has to help feed her family. This job is like um, giving it, giving in india elected to me. Like, uh, i see this as an indian, like i am only know im as as dependent and im hope treat them like a Financial Freedom is something different. If you had experiencing that, the company in folks needs these women, it knows that competition is strong and wants to keep its worth his loyal interests and coverage is its work is to use the communal gym. Thats just one of the keys thats taken from american startups. Celebration, birthdays together. Im supposed to know, i think the football tournament the most regularly 1st big company event, the new high is and on average, around 250 years, a month here. Very inexpensive, in comparison to what other International Terms are paying for such demanding what the chances of Career Advancement of goods for women and corolla businesses. Especially if like rush me very education in giving them inside getting lot opportunity to explode them. So to be independent and to gain a job when we did the source of all mothers or any of them and related to a family thing. So didnt do the to that they have got a lot of strong to do at used to learn or to go to a but the infrastructure has changed a lot. And the mentality of people has also changed. Rush the lives with their mother and brother. Thats not unusual. Many work has to live with parents. The boss likes to give his tech colleagues the 1st jobs of to graduating 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 half the story though. Here in the countryside, 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 him freedom. We could say for the other says and to begin uh, get a better life for a family. And so, so this is a really, would basically see a come banning of the company. And the boss knows what the problem is. He means he wants you to give his work is the best of terms. Thats by no means the stand it in the world of a i day. So persistence. But at least this has given lots of people in toronto work and fresh prospect a 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 on 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 . Money . No idea. No price, it shouldnt cause anything. Its a federal case. Several definitely set routine. 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 for 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 ready as i said, i dont know what kind of tree it is, the value is calculated based on how much Carbon Dioxide the tree captures. 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, even though its in the air. Now we gotta measure, i feel super weird doing this. Its estimating so estimating this tree, this here is where the 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 economist 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 at the International Monetary fund to the 1st to put a price tag on a blue. Well, with a di and if you spoke to a way to say, hey ralph stopped crying about me, leave me alone. Go in peace maam. And by the way, you owe me money, because id say to you, but i am f team valued, a blue. Well, a 2000000. 00 visa and its activity is in the ocean that capture carbon wells hoop at the surface. And, well, poop contains exactly what fido clinton need to grow. Fido clinton in turn, produce at least half the worlds oxygen, noels no fido plankton, no oxygen waterway to repay the wells, and the other nature is using their price tied to know the benefit of conserving them. This is already happening in the form of carbon credits that individual their companies can buy to protect an area. Heres how it often goes to, lets say an island wants to profit from protecting it. See grass. Someone like ralph shami goes there and calculates a value from c grass. Similarly to how i calculated a value for that tree based on that value, a government or company sets up a carbon scheme through which those looking to offset their admissions can pay to concert the sea. Grass and valuations are starting to include more aspects and just carbon in the future. We could also see credits 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 half pairs of 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 it is present and we showed them remodel, decisive that we should be left alone. Believe that way, because thats also not fair. Many to go on is how can i, eagle, or a 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 of 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, barry benefits from funding for us. So when we have always looked at the forest at 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 death, a mentally wouldnt make it into a price tax. 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 take 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 tree would actually be more expensive. This is one mass to whole 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 valuation. This can be a problem that owners are incentivized to plan to not need a 5 species instead of indigenous species because it creates a new type of landscape that could back carbon faster. June Robust Research has major conservation from an indigenous perspective. Critics that use terms like carbon colonialism to describe this new wave of capture enclosure, reach 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 companies with 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 a way easier to calculate when it comes to carbon credits or paying people for taking care of eco systems. 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 an entire team here in berlin. Its good by the can be political in this great for investor, the theme, the fees. Everyone here just wants to get into bit corner. They are known as the queen, arrows, digital, gold diggers, or investors from all over are moving to latin america in search of bitcoin treasure. Nowhere is the crypto currency valued more highly than here. But for many, the frenzy ends in ruins. In 15 minutes on d w, as we approach that my skin you had a clue has no doubt as an end of life care, she looks up to people in hospice and support stay relative. Its a changing and meaningful task. Thats just like the d w. The king was like a stepping points. You know, i thought you into that warranty wants to finish your studies. Now you have a certain extent from crane. You can just go back to somewhere else. Currently, more people than ever on the world wide in search of a pass in life. So why do i want to go back tonight . Yeah. Like, i dont have any reason. Additional reason, investment thing for me that yeah, i believe something that is coming very, very soon on. We know when the story in for my reliable news from migraines, wherever they may be here become a criminal pretty kind. A told me about sugars paralyze between your societies. Computers that are the governments that go crazy. So your data will explain how these technologies work. So thats how they can also watch it. Now the this is dw news life from the germany propose to buy an advanced Missile Defense system. The us approves israel sale of arrow 3 interceptors to shoot time, High Altitude miss ios as gemini, seems to build a scottish field in response to russias attack on ukraine. Also on the program, wild fires in canada is Northwest Territories are closing in on the city of yellows. Nice authorities that have order to complete evacuation as the fires threatened to