Reserve Bank of India Governor Shaktikanta Das in an exclusive interview with NDTV listed measures that must be taken for the Centre's vision for a 'viksit Bharat' or developed India by 2047.
'Viksit Bharat' or developed India by 2047 is the Modi government's vision to transform India into a developed nation. The year 2047 also marks 100 years of Independence from the British rule.
NDTV's Editor-in-Chief Sanjay Pugalia asked Mr Das what the challenges are to the Centre's vision of 'Viksit Bharat' and what measures should be taken to ensure India does not get stuck in the middle-income group nations, the RBI Governor said, firstly "We have to ensure price stability in the economy. It will increase a consumer's purchasing power as it builds confidence to buy goods."