India needs 7-8% growth for Viksit Bharat, private investment and export push crucial: EAC-PM Chairman

India needs sustained 7-8% economic growth to become 'Viksit Bharat' by 2047, driven by private investment and exports. Structural reforms are in place, with 'Atmanirbhar Bharat' focusing on enhancing domestic capability and product quality for global competitiveness, not import substitution. The nation is also prioritizing organic farming to reduce fertilizer subsidies and has sufficient food reserves to manage inflation, despite geopolitical risks.