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Rajasthan Targets USD 350 Billion Economy by 2029

With a current GSDP growth rate of 10.24 percent, Rajasthan is aggressively pivoting toward a USD 350 billion economy under the 'Viksit Bharat-2047' framework. Chief Minister Bhajan Lal Sharma confirmed that investment proposals totaling ₹35 lakh crore are now in play, signaling a massive industrial shift for the state.

Rajasthan Targets USD 350 Billion Economy by 2029

During the 11th NITI Aayog Governing Council meeting, leadership outlined a roadmap driven by the state's youthful demographic, which accounts for 63 percent of its population. The transition is already underway, with groundbreaking ceremonies completed for projects valued at over ₹9 lakh crore and the formal inauguration of a 9 MMTA refinery.

To sustain this momentum, the administration is prioritizing local employment through targeted skill and youth policies. These efforts are bolstered by the 'MY Bharat' campaign, which has successfully engaged 18 lakh participants, ranking the state second in the country. Initiatives such as the One District-One Product program and reforms in dairy and cooperative sectors serve as the primary pillars for this projected economic expansion.

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