Nirmala Sitharaman stated that "despite this year's projected growth rate of over 6 per cent for the Indian economy, we remain concerned about the global economic outlook and geopolitical environment", according to a tweet posted by the ministry of finance on Thursday.
Union Finance Minister Nirmala Sitharaman on Wednesday underlined that in order to address the mounting debt crisis around the world, it is necessary to supplement current global initiatives, especially those of the G20.
During the roundtable, FM Sitharaman underlined the reality of a global acknowledgement of "New India" and the renewed role India is poised to play in the global economic order, besides India as an investment destination going forward into "Amrit Kaal."
She was given presentations about various activities at NASA Goddard by Dr Makenzie Lystrup, Director of NASA's Goddard Space Flight Center, Ray Rubilotta, Associate Center Director at NASA Goddard and Dr Michelle Thaller, Astrophysicist.
Nirmala Sitharaman said that the committee will set up for looking into the pension system, such as to address the needs of employees, while also maintaining the fiscal prudence of the country.
During the deliberations that followed, FM Sitharaman and the US Secretary of Commerce also exchanged views on enhancing bilateral cooperation to further boost investment and trade in mutually agreed areas, according to a tweet posted by the official handle of the Union finance ministry.
During her visit to Panitanki, she was apprised regarding the role of customs in using advanced technology installed to deliver service in a cost and time-effective manner thus enhancing trade with our neighbouring nations.
Sitharaman co-chaired debt roundtable jointly with IMF MD Kristalina Georgieva and World Bank chief David Malpass. The G20 delegations also had a meeting with tech innovators at IISc.
During the press conference held jointly by the finance ministry and the Reserve Bank of India on the G20 Presidency and the outcome of the G20 meeting, the finance minister said, "Indian Presidency got strong support for all our priorities. I am grateful to the US Secretary Janet Yellen
Union FM Sitharaman and the Argentinian Minister met ahead of the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting in Bengaluru, on Thursday. The Ministers exchanged views on priorities under G20 Indian Presidency with Argentinian support to India during its G20 Preside
Both the ministers exchanged views on topics of global relevance such as debt sustainability, climate finance, health, food and energy security, and the need for greater Global South cooperation.