Plans on the anvil to achieve $2.40 trillion GSDP by 2047: Naidu

The Hindu

25-05-2025

Chief Minister N. Chandrababu Naidu has asserted that Andhra Pradesh has a favourable atmosphere for investments and for overall development of the State, and the government is focussed on its Swarnandhra objectives, which are in alignment with the Viksit Bharat vision.
Addressing the 10th NITI Aayog Governing Council meeting in New Delhi on Saturday (May 24, 2025), Mr. Naidu highlighted the availability of abundant natural resources, other geographical advantages, and the urban-rural synergy model of development being followed by the government with due focus on adoption of advanced technologies.
He said plans were on the anvil to achieve the targeted $2.40 trillion Gross State Domestic Product (GSDP) by 2047 through new policies and data-centric planning and governance.
Prime Minister Narendra Modi exhorted the Chief Ministers of other States to replicate some of the development plans made out by the A.P. government under Mr. Naidu's leadership.
Mr. Naidu suggested that a national-level committee be formed to use technologies in governance on a much wider scale. He had a discussion with Mr. Modi on issues like governance, new policies and investment opportunities in various sectors.
Yoga Day
On the International Yoga Day scheduled to be observed on June 21, Mr. Naidu said the government was making arrangements to organize it in a grand manner in Visakhapatnam, in which Mr. Modi would be taking part, and that awareness on the benefits of yoga were being spread by conducting Yoga Month from May 21 to June 21.
Referring to the Swarnandhra vision, he said it offered a scalable, inclusive model for national development and rooted in family-centric governance, innovation, digital infrastructure and sustainability.
Reaffirming the State's commitment to lead by example in driving national transformation through strong, coordinated leadership at both the State and the Union levels, he praised India's remarkable rise over the past decade under the visionary leadership of Mr. Modi, highlighting India's rise from the world's 10th to 4th largest economy, on track to become the 3rd largest by 2047.
'Reforms like Digital India, GST, Startup India, PM Gati Shakti, and Jal Jeevan Mission have redefined India's development landscape,' Mr. Naidu asserted. He insisted that the State was committed to contributing significantly to the national aspiration of Viksit Bharat — a $30 trillion economy marked by high- quality infrastructure, equitable development and empowered citizens.
Under the Swarnandhra vision, the State targeted to achieve Zero Poverty by 2029 through the innovative P4 model, which unites government, private sector, and citizens' efforts to support vulnerable families and promote economic upliftment, he siad.