India should aspire to become high-income country by 2047: NITI Aayog CEO

India should aspire to become a high-income country by 2047 and this would need sustained economic growth year after year, NITI Aayog CEO Amitabh Kant said on Wednesday.

Kant further said that India will grow if the country can use power of its private sector. "Our per capita income is approximately USD 2,000. India is a lower middle income country.

"Our aspiration should be to become a high-income country by 2047 and this would need sustained growth year after year," he said at an event here.

Kant pointed out that in 1947, per capita income of South Korea, China and India were more