NITI Aayog CEO BVR Subrahmanyam today said that India could easily double the size of its economy by 2030. Speaking at an event in New Delhi, Mr Subrahmanyam pointed towards India being the fifth largest economy with a size of about 3.7 trillion US dollars in nominal terms. He said by 2047, India will be among the world’s youngest nations demographically, poised for prosperity, with a projected per capita income of around 20 thousand US dollars.
He further added that climate change is an opportunity for India to become a leader in climate technology. Mr Subrahmanyam said that there is a need to look at the green economy, and Niti Aayog is working on developing a pathway for net zero carbon emissions by 2070.