Onwards to Viksit Bharat

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The story "Onwards to Viksit Bharat" was covered 5 hours ago by Business Standard, a news publisher based in India.

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Onwards to Viksit Bharat - Business Standard

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After the noise and euphoria following the Union Budget presentation, it is now time to take a filtered look at the medium and long-term strategies and policy interventions needed to make India a developed country. According to the World Bank’s definition, a developed country in fiscal 2025 has a per capita gross national income (GNI) of $14,005. India’s GNI is estimated at $2,600, implying that to leapfrog into the developed country club, India must multiply its per capita GNI by 5.3 times. This translates into an average annual growth of about 7.