Published 10:58 IST, November 12th 2024

What is Viksit Bharat: NITI Aayog CEO BVR Subrahmanyam Explains at India Economic Summit

NITI Aayog CEO BVR Subrahmanyam kicked off the summit with a keynote on Vision 2047, focusing on India's growth drivers: policy reforms, innovation, investment.

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NITI Aayog CEO BVR Subrahmanyam | Image: Republic
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India Economic Summit: Republic Media Network’s India Economic Summit , now in its fourth distinguished edition, is underway at Network’s grand hequarters, proudly hailed as largest news center in Asia. This monumental event, held under visionary me "Viksit Bharat: Bullseye," serves as a beacon of economic ambition, illuminating India's aspirational path to a $50 trillion economy by 2047.

BVR Subrahmanyam, CEO of NITI Aayog, kicked off summit with a keynote dress on "Vision 2047", highlighting pivotal growth drivers like policy reform and strategic investment. ding to summit’s prestige, India’s Finance Minister, Nirmala Sitharaman , will join as chief guest, emphasising India's increasingly influential role in global tre and its bold strides toward economic prominence.

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NITI Aayog CEO BVR Subrahmanyam On Vision 2047 LIVE:

  • In 25 years of time, we will become ‘Viksit Bharat’, India is destined to become Viksit Bharat
  • Viksit Bharat will be done at state level as well and NITI Aayog is set to release visions for 12 states
  • AI will be an opportunity for India
  • Democracy, and demography in India’s favour
  • We will be building green economy
  • India has become a world leer
  • re is a need to re-cast government offices
  • Demography and geo-politics are in India’s favour
  • Viksit Bharat will be an economy with 30 trillion dollars
  • We have landed on darkest side of moon, with low-cost technology
  • India is a rightly spre economy
  • Viksit Bharat will be an economy with 30 trillion dollars
  • Youth of India are driving change
  • India looks like a construction site, with speedy transformation
  • Digital infrastructure is an Indian invention
  • We are 5th largest economy in world. 
  • India will take its rightful place in world
  • India has totally transformed from being ridden with poverty
  • Unlike neighbours, India has held toger
  • India's way forward: speed, scale and innovation
  • By next summit, we will be 4th largest economy in world.
  • India of 1947 managed to keep people alive. 
  • last 10 years have been phenomenal for India. 
  • Republic TV is an example of speedy development.

At a recent event focused on pathway to Viksit Bharat, NITI Aayog CEO BVR Subrahmanyam emphasized India's need to integrate into global value chains. He outlined that reducing tariffs, streamlining regulatory requirements, and facilitating smoor cross-border tre are crucial steps toward this goal. Subrahmanyam also highlighted significant potential of India's MSME sector, which currently accounts for 40% of nation’s exports, marking it as a key driver of future economic growth. ditionally, he discussed ongoing improvements in infrastructure, including ro networks, metro systems, and green hydrogen projects.

Bringing toger a distinguished assembly of policymakers, business magnates, and industry experts, summit is a platform for forward-thinking dialogue on India’s future as a global economic powerhouse. Discussions will delve into transformative ideas around policy innovation, infrastructure development, and inclusive growth to shape a vibrant, self-reliant India. This summit, hosted by Republic Media Network, not only reflects pulse of India’s economic journey but also reaffirms Network’s commitment to fostering a dynamic discourse on nation’s growth trajectory and future prosperity.

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(Originally published first on Republic World)

 

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10:53 IST, November 12th 2024

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