India needs to strive to be $30 tn economy with per capita income of $18,000: NITI document

India aims to become a USD 30 trillion economy with a per capita income of USD 18,000 by 2047, according to NITI Aayog’s "Vision for Viksit Bharat @ 2047: An Approach Paper." This ambitious goal requires India to avoid the Middle-Income Trap by significantly boosting its GDP and per capita income.