NITI Aayog’s Financial Transformation Plans for Mumbai, Surat, Varanasi, and Vizag [Current Affairs]

NITI Aayog, underneath the management of CEO BVR Subrahmanyam, is spearheading an bold initiative to drive financial transformation in 4 key cities – Mumbai, Surat, Varanasi, and Vizag. This initiative goals to propel India in the direction of turning into a developed economic system by 2047.

Financial Planning for Key Cities

• NITI Aayog has developed complete financial plans for Mumbai, Surat, Varanasi, and Vizag, specializing in their financial transformation.
• These plans mark a departure from conventional city planning, emphasizing financial development as an important side of metropolis improvement.

Imaginative and prescient for India’s Financial Future

• A imaginative and prescient doc is underway, aiming for India to realize a developed economic system standing with a GDP of USD 30 trillion by 2047.
• Prime Minister Narendra Modi will unveil this imaginative and prescient doc, outlining the trail in the direction of financial prosperity.

Youth Engagement and AI Integration

• NITI Aayog has actively sought enter from the youth of India, receiving over 10 lakh detailed recommendations.
• Synthetic intelligence (AI) is being utilized to course of these recommendations, guaranteeing complete evaluation and integration into the financial planning framework.

Consolidation of Sectoral Visions

• NITI Aayog has been tasked with consolidating sectoral thematic visions right into a unified plan for Viksit Bharat @2047.
• This plan encompasses multifaceted improvement objectives, together with financial development, social progress, environmental sustainability, and efficient governance.