The Prime Minister met a group of leading economists and policy experts at NITI Aayog to deliberate on India’s long term development trajectory, with discussions centred on Aatmanirbharta and structural transformation as the foundation for achieving the goal of Viksit Bharat by 2047. The interaction focused on sustaining high growth, enhancing productivity, and positioning India as a globally competitive economy amid rapid domestic and international change.
During the interaction, the Prime Minister underlined that the vision of a developed India by 2047 has evolved beyond a policy objective to become a broad based national aspiration. He noted that this shift is increasingly reflected in the aspirations of citizens, changes in education choices, consumption patterns, workforce mobility and expectations from governance. He emphasised that meeting these aspirations would require stronger institutional capacity, anticipatory policymaking and timely creation of physical and digital infrastructure.
The Prime Minister stressed the importance of mission mode reforms across sectors to sustain long term economic growth and deepen India’s integration with global markets. He highlighted the need for policy consistency and long range planning, stating that budgeting and reforms must remain aligned with the vision for 2047 rather than short term considerations. He also emphasised the importance of ensuring that India continues to emerge as a preferred destination for global talent, capital and enterprise.
Economists participating in the discussion shared their perspectives on strengthening productivity and competitiveness across manufacturing and services. The deliberations focused on accelerating structural transformation through higher household savings, faster infrastructure development, improved logistics efficiency and greater adoption of advanced technologies. Participants highlighted the role of artificial intelligence as a key enabler of productivity gains across sectors and discussed the continued expansion of India’s digital public infrastructure as a critical driver of inclusion and efficiency.
The economists also reviewed the wide ranging cross sectoral reforms undertaken during 2025, describing them as unprecedented in scale and scope. They observed that consolidation and effective implementation of these reforms in the coming period would be vital to unlocking new growth opportunities, improving factor productivity and reinforcing macroeconomic stability. The discussions reflected confidence that sustained reform momentum would enable India to remain among the fastest growing major economies globally.
The interaction brought together several prominent economists and experts, including Shankar Acharya, Ashok K Bhattacharya, N R Bhanumurthy, Amita Batra, Janmejaya Sinha, Amit Chandra, Rajani Sinha, Dinesh Kanabar, Basanta Pradhan, Madan Sabnavis, Ashima Goyal, Dharmakirti Joshi, Umakant Dash, Pinaki Chakraborty, Indranil Sen Gupta, Samiran Chakraborty, Abhiman Das, Rahul Bajoria, Monika Halan and Siddhartha Sanyal. The exchange reinforced the shared view that sustained reforms, innovation and institutional strengthening will be central to India’s journey toward becoming a developed nation by 2047.
