Business EconomyPosted at: Sep 17 2026 7:53PM


Ministry to host states’ Finance Ministers' meeting on financing ‘Viksit Bharat’

New Delhi, Sep 17 (UNI) The Ministry of Finance will convene a two-day conference of Finance Ministers and Finance Secretaries of states and union Territories with legislatures in New Delhi on September 18 and 19 to discuss financing priorities for India's development journey towards Viksit Bharat.
Union Finance and Corporate Affairs Minister will participate in the conference, which is expected to bring together several Chief Ministers, state Finance Ministers, and senior government officials from across the country.
The conference, titled “Financing India’s Journey towards Viksit Bharat”, will focus on strengthening policy coordination between the Centre and states while examining key financing challenges linked to India's long-term development objectives.
According to the Finance Ministry, the deliberations will combine academic perspectives with practical policymaking and seek to identify areas where Centre-state policy complementarities can support economic growth and development.
Anuradha Thakur, Secretary, Department of Economic Affairs (DEA), will outline the objectives of the conference during the inaugural session.
N K Singh, President and Life Trustee of the Institute of Economic Growth and Chairman of the 15th Finance Commission, will deliver the keynote address. Sudhir Shrivastava, former Additional Chief Secretary and Finance Secretary of Maharashtra, will present the state's perspective on financing the Viksit Bharat agenda.
The conference will feature three thematic sessions covering macroeconomic developments, financing agricultural transformation, and financing the energy transition.
The discussions will be supported by background papers circulated among participants ahead of the conference. These papers cover a range of issues, including India's macroeconomic milestones and development pathways, private-sector financing, the implications of GST 2.0 for states, and financing agricultural markets and marketing.
The conference will also examine financing strategies for building resilience and promoting sustainable resource use in agriculture. In the energy sector, discussions will cover financing renewable energy and transmission infrastructure, along with carbon capture, utilisation and storage.
Apart from the three main sessions, senior government officials will highlight the role of data and technology in India's development process.
Saurabh Garg, Secretary, Ministry of Statistics and Programme Implementation (MoSPI), will discuss the importance of measuring growth outcomes as India progresses towards Viksit Bharat. S Krishnan, Secretary, Ministry of Electronics and Information Technology (MeitY), will highlight the role of emerging technologies in strengthening governance.
The two-day meeting is expected to provide a platform for the Centre and states to discuss financing requirements and policy priorities across major sectors, with a focus on supporting India's longer-term growth and development objectives.
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