<h1>Prime Minister vows accelerated economic reforms, targets developed-nation by 2047 and next-generation GST before Diwali</h1> The prime minister announced continuation of economic reforms aimed at making the country a developed nation by 2047 and projected it will soon be the world's third-largest economy; the government plans to complete a next-generation GST reform before Diwali to simplify law and reduce prices. He urged private-sector investment in R&D (clean energy, quantum tech, battery storage, advanced materials, biotechnology). Cited macroeconomic indicators included reduced fiscal deficit, strong banks and forex reserves, low inflation, controlled current account deficit, record capital-market fundraising and high formal job additions. The government said it proceeded with reforms during a parliamentary session despite disruptions by opposition parties.