During her visit to the US, Finance Minister Nirmala Sitharaman said that India is increasingly capturing the attention of the world with respect to its economy and future potential. She underlined during the address on April 21 in San Francisco that India and the US can come together to bolster global trade and economic activity.
Appeal to Collaborate with the Indian Diaspora
While addressing the Indian community, she invited professionals and businessmen from the US to harness the business potential that India has to offer. As pointed out by Sitharaman, If the best performers in this domain venture to partner with India, there is much to gain for both countries. She called upon the diaspora to actively participate toward enhancing India’s development and prosperity.
India Receives Appreciation from Financial Institutions Across the World
Sitharman also remarked that the International Monetary Fund IMF and World Bank WB are now accepting India as one of the vital countries contributing to the growth of the economy. They are appreciating India for what it can do as well as the role it plays in keeping the global economy in a positive zone one to two percent growth is the estimate, regardless of the uncertainties,” she quoted.
Global Slowdown With India’s Economy
In comparision to other regions battling with recession and other economic concerns, India is perceived as a substantially strong and resilient economy. The minister went on to say that India’s projection for steady growth rate is unique within this environment of global turbulence.
Indian Diaspora’s Strategic Role.
Sitharaman noted the attention given by Prime Minister Modi in fostering a relationship with the Indian diaspora during his foreign trips. She urged the community to stay connected with India and continue making contributions globally. “India should proudly reach out to engage with every Indian who is positively impacting the world,” she said.
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