Niti Aayog CEO BVR Subrahmanyam on Sunday said a vision document is being prepared for India to become a developed economy of about USD 30 trillion by 2047. The vision document will outline the institutional and structural changes/ reforms that will be needed for the country to become a developed nation by 2047. “A vision plan is being prepared for India to become a developed economy of about USD 30 trillion (USD 29.2 trillion) by 2047… the whole purpose of the vision document is to avoid the middle-income trap,” he said.
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