PM Modi holds pre-sessional budget talks with economists, says, ‘Viksit Bharat’ by 2047 has now become a public aspiration

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New Delhi, December 30: Prime Minister Narendra Modi said on Tuesday that the vision of a “Viksit Bharat” by 2047 is no longer just a government policy, but a collective aspiration of the countrymen. Changing attitudes towards education, consumption, and global opportunities clearly indicate that India is emerging as a more confident and aspirational society.

The Prime Minister made these remarks during a dialogue with eminent economists and experts at the National Institution for Transforming India (NITI) Aayog on Tuesday. The theme of the dialogue was “Self-reliance and structural transformation: A developed India’s agenda.” The Prime Minister said that strengthening institutional capabilities and planning infrastructure in advance, keeping future needs in mind, are essential for the journey towards a developed India.

According to the Prime Minister’s Office (PMO), he emphasized that the country’s policies and budget process should remain aligned with the long-term vision of 2047.

To maintain long-term and sustainable growth, the Prime Minister called for mission-mode reforms in various sectors. He stated that rapid implementation of reforms is essential to build global capabilities and international integration, ensuring India remains a vital hub for the global workforce and international markets.

Economists attending the meeting shared their views on enhancing productivity and competitiveness in the manufacturing and services sectors. The discussion emphasized the need to accelerate structural transformation by encouraging domestic savings, robust infrastructure development, and adopting cutting-edge technologies.

Experts highlighted artificial intelligence (AI) as a key tool for increasing productivity in various sectors and discussed the need for continued expansion of digital public infrastructure (DPI).

Participants stated that the unprecedented multi-sectoral reform initiatives undertaken in 2025 and their further strengthening in the future will strengthen India’s growth momentum and help maintain the country among the world’s fastest-growing economies.

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