Govt plans ‘Champion CPSEs’ for Viksit Bharat by 2047, NITI Aayog roadmap soon

Why in news

NITI Aayog and the Finance Ministry are collaborating to develop a roadmap to bolster the financial, technological

Background

The initiative involves empowering CPSEs with greater flexibility in investment decisions and access to private-sector talent. The roadmap is being developed under the leadership of NITI Aayog member Rajiv Gauba.

Facts for Prelims

• FactViksit Bharat 2047: A government initiative aiming to make India a developed nation by the year 2047.

For Mains

Q. Discuss the role of Central Public Sector Enterprises (CPSEs) in achieving the 'Viksit Bharat 2047' vision and the necessity of private-sector integration in their operational efficiency.

Dimensions to cover in your answer

• Operational autonomy: Balancing government oversight with the need for rapid, independent investment decision-making.
• Human capital integration: Addressing the talent gap by facilitating private-sector expertise in public-sector management.
• Technological modernization: Transitioning legacy public infrastructure into high-tech hubs to compete with global private entities.

Keywords: Operational Efficiency · Public-Private Synergy · Strategic Autonomy · Viksit Bharat · Capital Allocation

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