Middle-income trap is the biggest threat to India’s growth: NITI CEO BVR Subrahmanyam

India aims to become the third-largest economy by 2026-27, addressing the middle-income trap as a major challenge. NITI Aayog CEO BVR Subrahmanyam emphasizes the need for a cohesive strategy involving urban development, private sector innovation, and state-level reforms to ensure inclusive growth and avoid stagnant economic progress.