Road to Viksit Bharat: India will need continuous reforms at all levels

The government's focus should be on rapid economic growth, and it would do well to avoid issues that could hamper its ability to intervene in economic matters effectively

Independence Day
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Business Standard Editorial Comment
3 min read Last Updated : Aug 15 2024 | 10:09 PM IST

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In his first address to the nation from the ramparts of the historic Red Fort after securing a third consecutive term, Prime Minister Narendra Modi dedicated significant time to the idea of transforming India into a developed country by 2047. Mr Modi discussed how the government had received ideas from across the country and was working on some of those suggestions to accelerate development. In fact, the idea of making India a developed nation by 2047 is being debated across the country. The government’s think tank, NITI Aayog, recently published an approach paper, which noted, in simple