GK and monthly revision

India needs 7-8% growth for Viksit Bharat, private investment and export push crucial: EAC-PM Chairman

The Economic Advisory Council to the Prime Minister (EAC-PM) emphasizes that India requires a sustained economic growth rate of 7-8% to achieve the vision of 'Viksit Bharat' by 2047. This growth is essential for enhancing private investment and boosting exports, which are critical for the nation's economic resilience. The ongoing 'Atmanirbhar Bharat' initiative aims to improve domestic capabilities and quality, particularly in organic farming, while managing inflation through adequate food reserves. This information is vital for understanding India's long-term economic strategy.