<h1>India Needs 8% Growth for 20 Years to Reach Developed Nation Status by 2047, Says Economic Survey</h1> India must sustain an 8% growth rate for two decades to achieve developed nation status by 2047, according to the Economic Survey. Key reforms in land, labor, deregulation, and infrastructure development are essential. The investment rate should increase to 35% of GDP, and advancements in manufacturing, AI, robotics, and biotechnology are crucial. The country needs to create 7.85 million non-farm jobs annually until 2030-32, achieve full literacy, and enhance educational quality. Systematic deregulation and easing business operations for small and medium enterprises are vital, with state governments playing a significant role in implementing these reforms.