📷 Image: Wikimedia Commons / Ministry of Finance of India
Politics
NITI Aayog VC Urges Structural Reforms for 2047 Development Goal
✍️ Fortune India
🗓 18 Oct 2026, 12:51 PM
👁 11
Vice Chairman Ashok Lahiri of NITI Aayog said India must undertake structural reforms to become a developed nation by 2047. He highlighted the need for deep changes in governance, economy and social systems.
Vice Chairman Ashok Lahiri addressed the nation in a statement released by NITI Aayog, emphasizing that India’s ambition to become a developed country by 2047 hinges on comprehensive structural reforms.
Lahiri pointed out that current policies and institutions must evolve to meet the challenges of a rapidly changing global economy. He called for reforms in governance, public administration, and the financial sector to create a more resilient and inclusive growth model.
The NITI Aayog chief also highlighted the importance of aligning education, health, and infrastructure development with long‑term national objectives. He urged policymakers to adopt a forward‑looking approach that balances immediate needs with future aspirations.
While the statement did not detail specific measures, it underscored the urgency of systemic change as a prerequisite for achieving the 2047 milestone.
The call comes amid growing discussions on India’s development trajectory, with stakeholders debating the best pathways to sustain economic momentum and social progress.
Lahiri pointed out that current policies and institutions must evolve to meet the challenges of a rapidly changing global economy. He called for reforms in governance, public administration, and the financial sector to create a more resilient and inclusive growth model.
The NITI Aayog chief also highlighted the importance of aligning education, health, and infrastructure development with long‑term national objectives. He urged policymakers to adopt a forward‑looking approach that balances immediate needs with future aspirations.
While the statement did not detail specific measures, it underscored the urgency of systemic change as a prerequisite for achieving the 2047 milestone.
The call comes amid growing discussions on India’s development trajectory, with stakeholders debating the best pathways to sustain economic momentum and social progress.