Archive · 2 Dec 2025
Experts Advocate Special Grants for Poor States
Experts talked about how some states in India need more money to grow and develop.
They said the central government should give special grants to these poorer states and also use money from international banks.
They think this will help these states catch up.
They also said that India needs to grow faster, about 8% every year, to become a strong country by 2047.
Right now, it's growing at about 6.5%.
They also talked about how more people will move to cities in the future.
A man named Duvvuri Subba Rao talked about another man named Vithal, who was very smart and helped the government a lot.
Experts recommend special grants and multilateral development lending for poorer states.
States should clearly articulate their fiscal constraints to secure targeted support.
India's current growth rate is 6.5%, but 8% is needed to achieve Viksit Bharat by 2047.
Rapid urbanization is expected, with 50% of India's population moving to urban areas.
The lecture honored Vithal, an influential bureaucrat in economics and public policy.
- Who
- Experts, including Montek Singh Ahluwalia and Duvvuri Subba Rao
- What
- Advocating for special grants and multilateral development lending for poorer states
- When
- During the 4th BPR Vithal Memorial Lecture
- Where
- Hyderabad
- Why
- To help poorer states overcome fiscal constraints and developmental gaps
- Event
- 4th BPR Vithal Memorial Lecture
- Key Speakers
- Montek Singh Ahluwalia, Duvvuri Subba Rao
- Proposed Solution
- Special grants and multilateral development lending
- Current Growth Rate
- 6.5%
- Target Growth Rate
- 8%
- Urbanization Prediction
- 50% of India's population to move to urban areas