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March 1, 20260 citationsOpen Access

Viksit Bharat 2047: Economic Strategies for a Developed Nation.

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KKKadam,, Dr. Sambhaji K.

Key Points

  • The aim is to transform India into a developed, inclusive, and globally competitive economy by 2047.
  • Focus on sustained high growth and structural transformation
  • Emphasize industrial modernization and infrastructure expansion
  • Promote digitalization and human capital development
  • Ensure financial inclusion and support for MSMEs
  • Integrate green growth and renewable energy initiatives
  • Envisioned economic progress benefits all sections of society
  • Improvements in ease of doing business and investment attraction
  • Alignment of economic growth with social justice and environmental responsibility

Abstract

Abstract Viksit Bharat 2047 envisions transforming India into a developed, inclusive, and globally competitive economy by the centenary of Independence. The economic strategy underlying this vision focuses on sustained high growth, structural transformation, and social equity. It emphasizes industrial modernization, infrastructure expansion, digitalization, human capital development, and innovational growth. Inclusive development through employment generation, MSME support, and financial inclusion is central to ensuring that economic progress benefits all sections of society. Fiscal discipline, macroeconomic stability, and reforms in taxation, labor, and land aim to improve ease of doing business and attract investment. The vision also prioritizes green growth, renewable energy, and climate resilient development to balance prosperity with sustainability. By integrating technology, skills, entrepreneurship, and global trade engagement, Viksit Bharat 2047 seeks to shift India from a developing economy to a high-income nation. Economic growth is thus aligned with social justice, environmental responsibility, and long-term national resilience.

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Kadam,, Dr. Sambhaji K. (2026) studied this question.

synapsesocial.com/papers/69a3d8e7ec16d51705d302e7https://doi.org/10.5281/zenodo.18797516
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