India finds itself at a pivotal juncture in its growth story as it strives towards the vision of Viksit Bharat. To fulfil this vision, the nation must aspire to more than a resilient, inclusive and sustainable $30 trillion-plus economy. This initiative situates the quality of India’s institutional architecture governing its macroeconomy at the bedrock of this transformation. This architecture will ultimately determine the country’s capacity to manage complexities, respond to shocks, and ensure that the resulting development is not just rapid but equitable.
This initiative will produce a series of working papers. The objective is to deliver a comprehensive yet actionable blueprint focused on institutional reform and state capacity building. The goal is to help forge institutions characterised not only by strength but also by Resilience, Agility, Accountability, and Inclusivity (RAAI), and harness the country’s immense potential towards its development goalpost of 2047. It will address a number of aspects of Viksit Bharat, including the roles of the state, market forces, and community; gender equality; climate resilience; urbanisation and spatial development; public health, education and social security; and the role of technology and AI.
