RBI chief warns of 2047 high income only if India keeps growth on track for two decades

Less developed states may decide whether targets land

RBI’s DG says India’s average per capita income could move into the high-income range by 2046-47, but only if the momentum from the last 20 years continues. He highlights that lower-developed states will be crucial to reaching the goal, urging region-specific strategies aligned with local strengths and development levels.