This article examines how important cost control is to India's goal of becoming a "Viksit Bharat" (Developed India) by 2047. It draws attention to the various issues that India suffers as a developing country, such as inequality, poverty, and inadequate infrastructure. A $30 trillion economy that is distinguished by social justice, environmental development, and technological innovation is the goal of the 2047 vision. Increasing openness and accountability, encouraging financial stability, encouraging innovation, and resolving social injustices are some of the main tactics covered. Effective cost management can promote human development, lessen income inequality, and promote sustainable economic growth by allocating resources optimally and giving priority to high-impact initiatives. In the conclusion, the article makes the argument that effective cost management techniques will be crucial to making India a robust, successful, and inclusive country by the time it celebrates its centennial of independence