Reforms Required to Make India a Developed Nation by 2047: A Financing- and Productivity-Led Strategy
India has set an ambitious national objective of becoming a developed nation by 2047, coinciding with the centenary of Independence. Achieving this goal requires sustaining an average GDP growth rate of about 7.8% annually and transforming India into a $7–10 trillion economy. However, development is not defined merely by aggregate GDP but by high per-capita income, strong human dev
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