India's per capita income could rise six-fold by 2047. This growth would make the nation a developed economy. Higher investment and domestic savings are critical for sustained economic growth. Structural reforms are needed to remove investment obstacles. Achieving this goal requires attracting investment and boosting savings.

NITI Aayog's Ashok Kumar Lahiri highlighted easing land acquisition for industrial investment. He stressed the need for increased domestic savings to fund national growth. Public…

India's per capita income could rise six-fold by 2047. This growth would make the nation a developed economy. Higher investment and domestic savings are critical for sustained…