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

India Economic Summit: The Republic Media Network’s India Economic Summit , now in its fourth distinguished edition, is underway at the Network’s grand headquarters, proudly hailed as the largest news center in Asia. This monumental event, held under the visionary theme "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 the summit with a keynote address on "Vision 2047", highlighting pivotal growth drivers like policy reform and strategic investment. Adding to the summit’s prestige, India’s Finance Minister, Nirmala Sitharaman , will join as the chief guest, emphasising India's increasingly influential role in global trade and its bold strides toward economic prominence.

NITI Aayog CEO BVR Subrahmanyam On Vision 2047 LIVE:

• In 25 years of time, we will become the ‘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 leader
• There 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 the darkest side of the moon, with the low-cost technology
• India is a rightly spread economy
• Viksit Bharat will be an economy with 30 trillion dollars
• Youth of India are driving the change
• India looks like a construction site, with speedy transformation
• Digital infrastructure is an Indian invention
• We are the 5th largest economy in the world. 
• India will take its rightful place in the world
• India has totally transformed from being ridden with poverty
• Unlike neighbours, India has held together
• India's way forward: speed, scale and innovation
• By the next summit, we will be the 4th largest economy in the world.
• India of 1947 managed to keep people alive. 
• The last 10 years have been phenomenal for India. 
• Republic TV is an example of the speedy development.

At a recent event focused on the 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 smoother cross-border trade are crucial steps toward this goal. Subrahmanyam also highlighted the significant potential of India's MSME sector, which currently accounts for 40% of the nation’s exports, marking it as a key driver of future economic growth. Additionally, he discussed ongoing improvements in infrastructure, including road networks, metro systems, and green hydrogen projects.

Bringing together a distinguished assembly of policymakers, business magnates, and industry experts, the 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 the pulse of India’s economic journey but also reaffirms the Network’s commitment to fostering a dynamic discourse on the nation’s growth trajectory and future prosperity.

(Originally published first on Republic World)