'Inclusive growth, large-scale skilling': FM Sitharaman on achieving Viksit Bharat 2047 goal
Finance Minister Nirmala Sitharaman outlined India's path to becoming a developed nation by 2047, emphasizing inclusive growth, large-scale skilling, and broad-based participation from all sections of society. She stressed that achieving Viksit Bharat requires collaboration between government, industry, academia, and citizens, with a focus on education, employability, and equitable development. Sitharaman highlighted the importance of avoiding the middle-income trap by investing in human capital and integrating traditional sectors into the mainstream economy. She also underscored India's role as a global partner and the need for sustainable, people-centric progress beyond GDP metrics.
- ▪Sitharaman stated that Viksit Bharat is a shared national responsibility involving governments, entrepreneurs, industry, academia, and citizens.
- ▪She emphasized that growth must reach rural areas, smaller towns, and first-generation learners to be truly inclusive.
- ▪The finance minister highlighted that India’s demographic dividend depends on sustained investment in education, skilling, and entrepreneurship.
- ▪She warned against mistaking current progress for completion and urged a shift from routine growth to an ambitious, quality-driven development trajectory.
- ▪Sitharaman stressed the importance of global integration, innovation, and empowering youth to achieve India’s 2047 vision.
- ▪Traditional sectors like crafts and small enterprises must gain better technology, training, and market access to contribute to job creation and development.
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'Inclusive growth, large-scale skilling': FM Sitharaman on achieving Viksit Bharat 2047 goalShe emphasised that growth must be "broad-based and participative", with every section of society contributing to and benefiting from economic progress.Updated on: Apr 29, 2026 9:54 AM ISTBy HT News DeskShare viaCopy link Union Finance Minister Nirmala Sitharaman on Tuesday said India’s path to developed nation status by 2047 must be driven by inclusive growth, robust institutions and large-scale skilling.Union Finance Minister Nirmala Sitharaman speaks at NITTE (Deemed to be University) during the 'Nitte Vinaya Hegde Oration 2026' on the theme 'Viksit Bharat - Vision for 2047'.
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