Finance Minister Nirmala Sitharaman on Friday said that with both the International Monetary Fund (IMF) and the World Bank having projected India as the fastest growing major economy in 2023, it will stay on course and is projected to grow at 7 per cent in 2022-23 as per the government's own economic survey 2022-23.
She said this during the plenary meeting of the International Monetary and Financial Committee (IMFC) at the IMF headquarters in Washington.
In her intervention, the finance minister highlighted that conducive domestic policy environment along with the Indian government's focus on structural reforms has kept domestic economic activity in India robust.
Sitharaman underlined the learning from the pandemic that digitalisation, especially digital public infrastructure (DPI) is a positive-catalyst for the global economy and how India's DPI revolutionised the access and created a vibrant entrepreneurial ecosystem.
Referring to global sovereign debt roundtable, the finance minister said it has demonstrated a constructive way forward with multi-stakeholder cooperation for other vulnerable countries and India is pleased to be part of the team that provided solution for Sri Lanka and Suriname.
Through India's G20 presidency, Sitharaman reiterated the commitment towards exploring solutions through stakeholder engagements, to pressing global challenges, which disproportionately harm the poorest and most vulnerable.
In conclusion of her intervention, while urging all the G20 members to continue to support multilateral efforts, Sitharaman emphasised on engaging in positive dialogue to fight the challenge of global fragmentation.
Delhi Police, EC indulge in hooliganism against AAP, ignore BJP's misconduct: Kejriwal
Former Delhi Chief Minister and AAP National Convenor Arvind Kejriwal sharply criticised the Delhi Police and the Election Commission on Tuesday for what he described as their biased and unprofessional behaviour in handling election-related issues claiming that they were indulging in "hooliganism" against the AAP and were covering the BJP's misconduct.
Delhi CM Atishi booked for violating MCC; her supporters for attacking police
The Delhi Police on Tuesday registered two cases - first against Chief Minister Atishi for violation of the Model Code of Conduct and another against her supporters for obstructing government work and attacking police.
UNGA President to visit India from today to deepen multilateral ties on global issues
United Nations General Assembly (UNGA) President Philemon Yang is set to embark on an official visit to India from February 4 to February 8 at the invitation of the Government of India.
Light rainfall graces Delhi-NCR, brings down temperature, improves AQI
Delhi-NCR woke up to light rainfall on Tuesday morning, with the India Meteorological Department (IMD) predicting that showers will continue throughout the day.
Delhi Police on high alert ahead of Assembly elections, leads late-night patrolling
The South District Police conducted a late-night patrol, which was led by DCP Ankit Chauhan. The patrol was part of the ongoing efforts to ensure safety and prevent any untoward incidents during the election period.
Shutting USAID weakens US, helps adversaries: Democrats
They took aim at President Donald Trump’s adviser Elon Musk, the head of the Department of Government Efficiency (DOGE), who announced the decision on Monday, questioning his authority.
Govt continued development despite Covid & ethnic violence: Manipur CM
Manipur Chief Minister N. Biren Singh on Monday said that despite the state losing four-and-a-half-years to the COVID-19 pandemic and ethnic violence, the government has continued the developmental works in the state.
BAPS Hindu Mandir and cultural complex opens in South Africa’s Johannesburg
The BAPS Shri Swaminarayan Hindu Mandir and Cultural Complex in Northriding, Johannesburg officially opened its doors on Monday, following the sacred Pran Pratishtha ceremony, led by Mahant Swami Maharaj, the global spiritual leader of BAPS.