Niti Aayog's, the government's think-tank, is finalising the draft Vison 2047, projecting India to be $30 trillion economy and will lay out a roadmap to help India escape the middle-income trap as India becomes a developed nation by 2047.
The document, which will be released by PM Narendra Modi, and made public over the next three months will focus on radical restructuring of the government, NITI Aayog CEO BVR Subramanian said in a select media briefing on Sunday.
The Aayog, which has harmonised and combined the recommendations of the 10 secretary-level sectoral groups, will hold final presentation to these group in the first week of November followed by meeting with thought leaders including industrialists and academia in the third week of November as it plans to finalise the draft document by December 2023.
According to Subramanian, the government has projected India's population to be 150 crore by 2047 and the per capita income of $18,000-$20,000 by 2047 based on which the broad vision has been firmed up.
«For India to be a developed nation, we need to recast the whole government in a way that decisions are taken at the lower level while upper level is responsible to strategise for a better future with targetted intervention,» he said.
Niti Aayog has done macro modelling, fixing tangible goals for the country by 2030 and structural changes needed by 2047 to make India a Viksit Bharat as envisioned by PM Modi, Subramanian said.
The Vision 2047 document, the work on which kick-started in December 2021, will see greater role of states in implementing the policies as Centre and states work together as Team India.