NITI Aayog CEO BVR Subrahmanyam today said a vision document is being prepared for India to become a developed economy of about USD 30 trillion by 2047, and it will be released by Prime Minister Narendra Modi in January next year.

The draft ‘Vision India @2047’ document will outline the institutional and structural changes/ reforms that will be needed for the country to become a developed nation by 2047.

“A vision plan is being prepared for India to become a developed economy…the prime minister will release the document in January,” Mr Subrahmanyam said while addressing an event organised by industry body FICCI.

In 2023, NITI Aayog was entrusted with the task of consolidating the 10 sectoral thematic visions into a combined vision for Viksit Bharat @2047.

Mr Subrahmanyam said the government wants college enrolment rate in India to increase from 27 per cent to 50-60 per cent.

He said the government is spending huge money on higher education and now there is also a need to revamp India’s education sector.

“So, the college going population would go up from 4 crore to 8-9 crore.