PM launches 'Viksit Bharat @2047: Voice of Youth'

Indian Economic System(RAS) Growth and development

14-Dec-23

Context: Recently, the Prime Minister addressed the nation in the ‘Viksit Bharat @2047: Voice of Youth workshop and urged citizens to pledge, ‘Whatever I do, should be for a developed India.’

PM launches 'Viksit Bharat @2047: Voice of Youth'

He also stressed on Jan Bhagidari (citizen Participation) as a mantra to accomplish the dream of a developed nation within the Amritkal period ahead of us.
Integration of Youngster: Viksit Bharat @2047: The Voice of Youth initiative aims to integrate our youngsters towards building a developed India.
It will provide a platform for the country’s youth to contribute ideas to the vision of Viksit Bharat @2047.
Other Initiatives under Viksit Bharat: the ‘Viksit Bharat Sankalp Yatra’, which aims to generate awareness and saturation of the flagship government schemes.

About Viksit Bharat @2047

Vision of Developed Nation: Viksit Bharat @2047 is the vision to make India a developed nation by 2047, the 100th year of independence.
The vision encompasses various aspects of development, including economic growth, social progress, environmental sustainability, and good governance.
Task Group: The Sectoral Group of Secretaries (GoS) has been tasked to prepare a vision document for respective sectors after extensive stakeholders consulted with the “whole of the government” and “whole of the country” approach.
The vision document of Viksit Bharat 2047 is expected to be released by the end of the year 2023 or the beginning of the next year.

What are the targets for Developed India?

The proposed measures should boost India’s gross domestic product (GDP) to $6.69 trillion in 2030, $16.13 trillion by 2040, and $29.02 trillion by 2047.
The projections for per capita income at current prices, based on the blueprint, are $4,418 by 2030, $10,021 by 2040, and $17,590 by 2047.
That means, the present per capita income of about Rs 2 lakhs, will become about Rs 14.9 Lakhs by 2047.
Exports targets are $1.58 trillion by value in 2030, $4.56 trillion by 2040, and $8.67 trillion by 2047.