India should aspire to become a high-income country by 2047: NITI Ayog CEO
Published By : Prameya News Bureau | April 20, 2022 IST
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New Delhi, April 20: NITI Aayog CEO Amitabh Kant said on Wednesday said India should aspire to become a high-income country by 2047. "Our aspiration should be to become a high-income country by 2047 and this would need sustained growth year after year," he said at an event here. Kant further said that India will grow if the country can use power of its private sector. "Our per capita income is approximately USD 2,000. India is a lower middle income country,” he added. The NITI Aayog CEO said that bureaucrats have made it difficult for businesses to grow. "We have build rules and regulations which have killed entrepreneurship," he said. The bureaucrats should learn the art of restructuring public-private partnership projects, de-risk projects and ensure more participation from private sector, Kant said.
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