India, Oct. 5 -- Former NITI Aayog CEO and ex-G20 Sherpa of India, Amitabh Kant, said on Friday that the vision for Viksit Bharat is bold and ambitious, but to achieve it, India must significantly raise its infrastructure spending.

Sharing his thoughts on the Kautilya Economic Conclave, Kant stated on X: "Delighted to speak on infrastructure at the Kautilya Economic Conclave. The vision for Viksit Bharat is bold & ambitious. To achieve it we need to raise infrastructure spending from 4% to 6.5% of GDP, do high quality project development, monetise assets, mainstream instruments like In VITs and REIT."

He further noted that the challenge was not only about raising funds but also about execution.

"Execution also demands smarter planning,...