Viksit Bharat

India’s nuclear reset: SHANTI Bill clears private plants, caps liability, routes foreign participation via Indian entities

Companies such as L&T, Tata Power, Reliance Industries, Adani Group, JSW Group and Vedanta Group stand to gain as the SHANTI Bill allows private nuclear plants while keeping fuel and liability under state control. Foreign companies are barred from direct entry and will be required to route investments through Indian-incorporated entities or joint ventures under the new law.

VB-G RAM–G Bill signals shift in rural jobs funding, experts raise questions on states’ capacity

Unlike MGNREGA’s Centre-heavy financing, the proposed VB-G RAM–G framework introduces a 60:40 funding model, shifting greater fiscal responsibility for rural employment to states.

IMF Board welcomes India’s labour reforms, says faster structural changes key to Viksit Bharat goal

Executive Directors commended India’s “very strong economic performance and resilience,” noting that growth has remained robust despite global uncertainty

Budget 2026 may integrate 5-year sectoral plans to steer 2047 Viksit Bharat vision

The integration of the plans is expected to bring sectoral allocations, policy execution and project priorities under one cohesive framework

Direct cash transfers effective in poverty alleviation, says J-PAL's Iqbal Singh Dhaliwal

Hardware is hard but software is harder — India has built the hardware. Now the country must focus on the software – the people, their skills, their health and education, the economist tells Moneycontrol

Stablecoins are a risk, can create systemic volatility: AIIB chief economist Erik Berglof

Berglof says India joining CPTPP would be 'truly transformational'; calls for climate-linked lending and inclusive growth

The world needs India to do well: Andres Velasco, former finance minister of Chile

LSE dean says India’s democratic institutions and services-led growth can anchor global stability

India needs One Nation, One Rules and One Governance model for further growth: Kazuto Suzuki

Japanese economist says India should harmonise state-level rules and embrace multilateral trade to boost efficiency and investment

India joining CPTPP would be truly transformational: AIIB chief economist Erik Berglof

Membership could accelerate state reform, market integration, and inclusivity, says Berglof

Atmanirbharta needed to navigate weaponisation of trade: Piyush Goyal

Speaking at the curtain raiser event for the 30th CII Partnership Summit, Andhra Pradesh Chief Minister N Chandrababu Naidu said Google will be building its biggest data centre after the US in Vishakhapatnam.

Can Trump’s tariff threat derail India’s vision of Viksit Bharat by 2047?

While a 25 percent tariff significantly undermines the viability of trade with US, a 50 percent tariff will effectively kill it

To be Viksit Bharat, India must mend its teacher recruitment, quality

An overhaul of teacher training is needed and recruitment process must be fortified

Govt nudging big NBFCs to seek banking licence amid need for more banks

By 2047, the government is pushing for the creation of large-scale banks capable of competing globally — including a vision for at least two Indian banks to be among the world’s top 10.

India to tap abandoned oil wells for geothermal energy

India has at least 13,348 abandoned oil wells with a potential of about 10,600 MW of geothermal power. But it has not exploited even 1 MW so far.

GDP growth rate of 6-6.2% enough for Viksit Bharat goal, says NITI Aayog's Virmani

Coming to the current financial year, Virmani expects growth to be at 6.5 percent or higher, while for FY26 he offers a range between 6.5 and 7 percent.

India’s $9.5 trillion future within reach: Finance Commission Chairman Arvind Panagariya

The growth rate needed for per capita income growth is 7.3 percent to achieve $14,000 by 2047. With India’s per capita income in 2023-24 standing at $2,570, Panagariya emphasised that there is substantial room for further increase.

India focused on sustainable growth, budget 2025-26 emphasizes long-term vision and entrepreneurial spirit: Finance Secretary

Talking about the Union Budget, Pandey emphasized its balanced approach, featuring both demand and supply-side measures. He stressed that India's focus is on entrepreneurial energy, increasing productivity, and enhancing employability among the youth.

A budget to enable Viksit Bharat

Budget 2025-26 is a blueprint for the presence of India in the global high table in 2047. The direction of the Government is right

Rigid growth rate not necessary for Viksit Bharat by 2047: CEA

'Global real economic activity has been declining. There is a slowdown. However, India remains the fastest-growing among large economies of the world, Nageswaran stated

India needs 8% growth for Viksit Bharat, road to 2047 goal goes from deregulation, Economic Survey 2025

Calling for Ease of Doing Business 2.0 reforms, the Economic Survey highlighted the need to achieve growth rates of 8 percent for a decade or two to achieve the goal of Viksit Bharat.

Economic Survey's big message to Govt: Get out of the way and let businesses focus on core mission

Looking ahead, the survey projects that food inflation is likely to soften in Q4, offering some relief to consumers.

India Gears Up for 18th Pravasi Bharatiya Divas in Bhubaneswar

Bhubaneswar is set to host the 18th Pravasi Bharatiya Divas from January 8 to 10, 2025. This prestigious event, themed "Diaspora's Contribution to a Viksit Bharat," highlights the vital role of the Indian diaspora in the nation’s progress. Organized by the Government of India in collaboration with Odisha, it aims to strengthen bonds with global Indians and celebrate their contributions to India's development. Don’t miss the excitement and updates from this grand event!