FM attends virtual G20 Finance Ministers and Central Bank Governors Meeting

Last updated: 26 February 2021

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Union Finance Minister Nirmala Sitharaman virtually attended the first G20 Finance Ministers and Central Bank Governors meeting under the Italian Presidency. The discussions focused on policies for an equitable recovery from the pandemic, global economic outlook, financial inclusion, and sustainable finance. Minister Sitharaman highlighted India's domestic support measures, its large-scale vaccination programme, and its vaccine aid to other nations. She also contributed to discussions on climate change, advocating for a policy dialogue within the Paris Agreement framework and emphasising green technology transfer and climate finance.

Union Minister for Finance Corporate Affairs Smt. Nirmala Sitharaman participated virtually in the First G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the Italian Presidency here today to discuss policy actions for transformative and equitable recovery along with other issues on the agenda including global economic outlook, financial sector issues, financial inclusion and sustainable finance. Smt. Sitharaman spoke about Indias policy response to the pandemic. The Fin

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FAQ :

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman participated virtually in the meeting.

The meeting discussed policy actions for transformative and equitable recovery, global economic outlook, financial sector issues, financial inclusion, and sustainable finance.

She spoke about India's domestic policies, which included credit guarantees, direct transfers, food guarantees, economic stimulus packages, and structural reforms.

She highlighted India's vaccination programme as the world's largest and most ambitious, and mentioned that India has extended vaccine support to several countries.

She suggested that policy dialogues on climate risk and environment taxation should adhere to the Paris Agreement principles of common but differentiated responsibility, respective capability, and voluntary commitments. She also stressed the importance of green technology transfer and scaling up climate finance.

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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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