11 Sept 2026
India needs inclusive growth to become developed country by 2047: NITI CEO
NITI Aayog CEO Anurag Jain said at the Global Fintech Fest 2026 that India needs inclusive growth to become a developed country by 2047. Some states still lag on health and education, he said. He also wants per capita income measured against the lowest 10 to 20 per cent of people. If you run a business, expect more attention on lagging regions and fair competition.
Key Statutory Highlights
- NITI Aayog CEO Anurag Jain said India needs inclusive growth to become a developed country by 2047.
- He said some states have done well on health and education, but others are lagging and need attention.
- He said the government will encourage competition through regulations and will not allow market distortion, monopoly or oligopoly.
Actionable Advice for Taxpayers / Founders:Keep tracking NITI Aayog and government announcements on inclusive growth and competition rules. If your state or sector may be affected, speak to your CA or advisor before changing your business plans.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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