Make globalization more transparent: Finance Minister Nirmala Sitharaman in US
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India’s Finance Minister, Nirmala Sitharaman, has said that the country will not reverse the benefits of globalisation but is aiming to increase transparency. During a meeting with the Peterson Institute for International Economics, Sitharaman said that India must find ways to encourage production of goods locally, gradually stopping imports of such items. Despite incentivising India’s own production, there could still “some collateral”, she said while identifying the need to prioritise value chain creation to produce goods not just for India, but to export across the globe.
2023-04-10 21:57:35
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