Eleven Executive Directors (EDs) of the World Bank Group representing 95 countries called on Union Finance Minister Nirmala Sitharaman in New Delhi during their visit to India, the Ministry of Finance stated. The Executive Directors of the world bank shared their key takeaways with Union Finance Minister Nirmala Sitharaman from their visits to Mumbai, Ahmedabad and Lucknow. "They thanked the rapid growth through all sectors allowed by transformational reforms and Private Sector participation in India's ambition to become a Developed country by 2047," the Ministry of Finance said in a tweet.
The Ministry further tweeted that the EDs also appreciated the success achieved by India, especially in digital technology and Startups, with a focus on the delivery of public goods, including water, electricity, road infrastructure etc. The Finance Minister underlined the focus India is placing on creating opportunities for the poor by empowering communities for Equitable Growth and stated that the reforms brought in India since 2014 have enabled the decentralization of planning in India, which enabled States to set ambitious development targets and perform to their potential, the ministry said. "The EDs appreciated the clarity of the vision of the political leadership of India. They were especially appreciative of efforts like GST, NariShakti and FastTags that are in line with the vision of fast-paced development," the Finance Ministry tweeted.
Union Finance Minister Nirmala Sitharaman emphasized the leading role India is playing in Global Sovereign Debt Roundtable, MDB (Multilateral Development) Reforms, crypto regulations and Digital Public Infrastructure (DPI) and stated that India would be happy to share its development experience and build the capacity of counties that can benefit from India's experience.
"Union Finance Minister Smt. @nsitharaman emphasized the leading role India is playing on Global Sovereign Debt Roundtable, #MDBReforms, #crypto regulations and #DigitalPublicInfrastructure #DPI and stated that India would be happy to share its development experience and build the capacity of counties that can benefit from India's experience," the Ministry of Finance said in a tweet.