Andhra Pradesh Aims for $2.4 Trillion Economy by 2047 with Ambitious Vision 2047 Blueprint
Chief Minister N. Chandrababu Naidu has unveiled Andhra Pradesh’s ambitious vision for becoming a $2.4 trillion economy by 2047, with a targeted annual growth rate of 15%, as outlined in the new Swarnandhra Vision Document 2047. In a recent meeting with NITI Aayog CEO BVR Subramanyam at the Velagapudi State Secretariat, Naidu discussed strategies for driving this growth and effectively implementing central government schemes in the state. The meeting brought together key officials, including the state finance minister and representatives from various departments, to explore the document’s roadmap.
Naidu emphasized that the vision document was meticulously crafted to set growth objectives across state, district, and constituency levels. He outlined the action plan for advancing key sectors such as agriculture, aqua industries, and technology, while highlighting initiatives to reduce poverty, enhance quality of life, and develop social infrastructure. Data centers and artificial intelligence are expected to play significant roles in the state’s journey toward achieving these goals.
On social media, Naidu shared that contributions from over 1.8 million citizens informed the blueprint and spans 12 sectors. It prioritizes poverty alleviation through a "P4" initiative and identifies several focus areas for economic growth, including developing the Araku and Tirupati regions as Ayurvedic hubs, while transforming cities like Amaravati, Vizag, and Tirupati into dynamic growth centers.
Plans include establishing three coastal economic zones, 25 industrial zones across 15 sectors, and three economic corridors. In addition, the vision document targets zero school dropouts, quality education, improved healthcare, increased employment opportunities, and higher incomes for farmers.
Recalling a previous milestone that saw “one IT professional per family,” which helped raise per capita income, Naidu now envisions a transformative new goal: “one family, one entrepreneur,” aiming to ignite a wave of entrepreneurial growth and economic prosper
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