Does India want to be only as 'developed' as Libya?

Surjit Bhalla in an article in this paper (Developed by 2047? Yes; February 20, 2023) has tried to quantify PM Modi’s call for making India a developed economy. He has suggested that we adopt the level of per capita income in PPP terms that South Korea had reached in 1996, the year it was admitted as a member of the OECD.
Thus, the implicit suggestion is that we should take OECD membership as the criteria for being categorised as a developed country.