PM Modi's Vision to Make India a $30 Trillion Developed Economy by 2047
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India estimated to be a $30 trillion developed economy by 2047 as per Niti Aayog draft vision document.
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Vision document likely to be released by PM Modi in next 3 months.
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India currently 5th largest economy with $3.7 trillion GDP.
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India's GDP expected to overtake Japan and Germany by 2030.
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Economy needs to grow 9.2% between 2030-2040 to reach $30 trillion target.
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Document to outline reforms and changes needed to become developed economy.
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Will have roadmap for 2030 and 2047 to reach development goals.
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Exercise to draw up strategy started in December 2021 by PM Modi.