It is being said that the Central government will present a document for the country’s roadmap to achieve the status of a developed country by 2047. According to the reports, the Prime Minister of India, Narendra Modi will bring a vision document before this year ends. The vision document is likely to highlight the country’s medium-term development goals and milestones to shape the reform agenda of the ruling party and its election agenda in 2024. People who are familiar with the development claimed that a process is underway to illustrate the development trajectory of key sectors and growth bottlenecks and cultivate a collaborative approach with the state’s involvement in Team India spirit. Shift to the following sections and learn what NITI Aayog is planning. Swipe down the page.
As per the sources, NITI Aayog alongside a high-level committee of secretaries is currently focused on putting together the blueprint with a vision to achieve the status of a developed country by 2047. People familiar with the development said this vision document emphasizes inclusive environment-friend growth, sustained infrastructure building, and sunrise industries. Kindly note that the vision document of NITI Aayog will be highly focused on the rural economy and farmer incomes. Continue reading this article and learn more details.
Reportedly, the vision document of India by NITI Aayog will be unveiled by Prime Minister Narendra Modi in December month, coming at the end of Modi’s second term as the prime minister of India. Furthermore, the vision document is also focused on achieving better service delivery for citizens and improved governance. Human development and economic development will remain key pillars of the vision document. Increasing female participation in work and empowerment of women will also be specially focused, as would micro, small, and medium enterprises.
Do you know what are the requirements to get the status of a developed country? A developed country has a $13,000 per capita income. But in FY24 India has a per capita income of $2,500 on the projected nominal GDP of $301 trillion and an exchange rate of 83 per dollar. However, there is no official statement from the PMO and NITI Aayog about the vision document and blueprint to get the status of a developed country by 2047. The proposed blueprint came as part of India’s effort to boost economic growth by capturing a share of global production. Stay tuned to this website for more details and updates.