PM Modi outlines $2.4 trillion GSDP target by 2047 at NITI Aayog meet

At the 10th NITI Aayog Governing Council meeting, PM Modi set an ambitious $2.4 trillion GSDP goal for 2047, urging states to accelerate development through policy reforms, skilling, and infrastructure upgrades. The roadmap includes boosting tourism, empowering women, and attracting global investments to transform India into a developed nation.

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Prime Minister Narendra Modi, during the 10th Governing Council meeting of NITI Aayog held at Bharat Mandapam, New Delhi, emphasized the need to institutionalize civil defense and adopt a long-term approach to Operation Sindoor.

"Operation Sindoor should not be treated as a one-off initiative and we must adopt a long-term approach," Modi stated, underscoring the importance of sustained civil preparedness.

He highlighted the recent mock drills that have reignited focus on civil defense, urging states to embed this preparedness into their systems.

Modi also stressed the critical role of women in India's development, urging states to reform laws and improve working conditions to include more women in the workforce.

"We must empower 'nari shakti' by changing laws and ensuring ease of working," he said, calling for reforms in both public and private sectors.

Further, the Prime Minister encouraged states to develop at least one tourist destination each that meets global standards, aiming to boost local economies and attract international visitors.

The meeting, themed 'Viksit Rajya for Viksit Bharat @2047', brought together Chief Ministers and Lieutenant Governors to align strategies for making India a developed nation by 2047.

Modi reiterated that the aspiration for a 'Viksit Bharat' is shared by all 140 crore Indians and emphasized collaborative efforts between the Centre and states.

"If all States work together towards this goal, then we will make stupendous progress," he said.

The Prime Minister also highlighted India's emergence among the world's top five economies and the need to accelerate this transformation.

This meeting marked the first major interaction with state leaders following Operation Sindoor, signaling a renewed focus on coordinated development and civil defense.

Overall, Modi's address combined calls for enhanced civil preparedness, women's empowerment, tourism development, and state-led growth initiatives to realize the vision of a developed India by 2047.

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Prime Minister Narendra Modi, at the 10th NITI Aayog Governing Council meeting, urged institutionalizing civil defense and adopting a long-term approach to Operation Sindoor. He emphasized women’s workforce inclusion, state-level development, and boosting tourism to achieve a 'Viksit Bharat' by 2047.

The Headline

PM Modi sets $2.4T GSDP target, urges state-led Viksit Bharat

If the Centre and the states work together, no goal is impossible.

Prime Minister Narendra Modi

It is the aspiration of every Indian for the country to be a Viksit Bharat. It is not the agenda of any party but the aspiration of 140 crore Indians.

Prime Minister Narendra Modi

Key Facts

PM Modi chaired the 10th Governing Council meeting of NITI Aayog at Bharat Mandapam, New Delhi, attended by Chief Ministers from 24 states and Lieutenant Governors of 7 Union Territories.+2
The meeting theme was 'Viksit Rajya for Viksit Bharat@2047', focusing on state-level development as the foundation for national progress.+2
PM Modi stressed the need for faster development and collaboration between Centre and states to achieve Viksit Bharat before 2047, emphasizing that no goal is impossible if all work together.+14
PM Modi urged states to develop at least one global-standard tourist destination each to boost local economies and attract international visitors.4+1
PM Modi highlighted the importance of including women in the workforce and called for reforms to improve ease of working for women in both public and private sectors.
A Rs 60,000 crore skilling scheme was approved, with states urged to focus on modern training infrastructure and rural training hubs to enhance skilling.+14
PM Modi announced a Rs 1 lakh crore Urban Challenge Fund to provide seed money supporting urban development initiatives.
PM Modi called for removing policy bottlenecks to attract global investors and accelerate economic growth.
States like Gujarat and Madhya Pradesh pledged commitment to fast-track development aligned with the Viksit Bharat vision.
PM Modi emphasized modernizing civil preparedness and institutionalizing civil defense following recent mock drills.3
Plans are underway to achieve a targeted $2.40 trillion Gross State Domestic Product (GSDP) by 2047 through new policies and data-centric governance.

Key Stats at a Glance

Approved skilling scheme amount

Rs 60,000 crore

Urban Challenge Fund amount

Rs 1 lakh crore

Targeted Gross State Domestic Product (GSDP) by 2047

$2.40 trillion

NITI Aayog meeting underscores state-led development for Viksit Bharat

NITI Aayog's role in national development is crucial, with chief ministers and eminent individuals actively participating in policy-making.

Syed Shahnawaz Hussain

NITI Aayog member

Key Facts

NITI Aayog Governing Council is the apex body including all state chief ministers, lieutenant governors of Union Territories, and several Union ministers, serving as a key platform for dialogue between Centre and states.7+4
The meeting began with a moment of silence to honor victims of the recent Pahalgam terror attack, reflecting the solemn context of the gathering.2
PM Modi emphasized that the vision of Viksit Bharat is a collective aspiration of 140 crore Indians, transcending political agendas.
The vision calls for states to craft bold, long-term, and inclusive vision documents aligned with national priorities but grounded in local realities, including time-bound targets.1
PM Modi highlighted India's economic progress, noting it has emerged among the top five economies of the world with 25 crore people having escaped poverty.
India is currently the fourth largest economy and is on track to become the third largest by 2047, with only the US, China, and Germany ahead.2
States are urged to focus on expanding services and manufacturing sectors to create jobs, alongside agriculture, education, and healthcare.3
Gujarat has established the Gujarat State Institution for Transformation (GRIT) to institutionalize its vision for inclusive and development-oriented goals.
Under the Pradhan Mantri Surya Ghar Muft Bijli Yojana, Gujarat has completed 3.36 lakh solar rooftop installations, accounting for 34% of total installations under this scheme nationally.

Key Stats at a Glance

Number of Chief Ministers attending the meeting

24 states

Number of Lieutenant Governors attending the meeting

7 Union Territories

Population aspiring for Viksit Bharat

140 crore Indians

Number of people escaped poverty in India

25 crore

India's current economic rank

4th largest economy

India's projected economic rank by 2047

3rd largest economy

Solar rooftop installations completed in Gujarat

3.36 lakh

Percentage share of Gujarat in solar rooftop installations

34%

PM Modi outlines $2.4 trillion GSDP target by 2047 at NITI Aayog meet

PM Modi sets $2.4T GSDP target, urges state-led Viksit Bharat

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NITI Aayog meeting underscores state-led development for Viksit Bharat

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