FM Nirmala Sitharaman participates in Governor's Seminar as part of ADB's annual meeting 2021

Last updated: 06 May 2021

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India's Finance Minister, Nirmala Sitharaman, participated in the Governor's Seminar at the ADB's 2021 annual meeting. She highlighted India's contributions to global efforts against COVID-19, including the SAARC emergency fund, ACT-A, and COVAX. Sitharaman stressed the importance of international cooperation, sharing health tools, and enabling access to raw materials for vaccine manufacturing. She also emphasised the role of the private sector, civil society, and multilateral institutions in achieving resilient and sustainable growth, particularly in health resilience for the Asia Pacific region.

Union Minister for Finance and Corporate Affairs and Asian Development Banks (ADB) Governor for India Smt. Nirmala Sitharaman here today participated in the Governors Seminar on Cooperation for a Resilient Future, held as part of ADBs annual meeting 2021. Other participants included Japan, Georgia, China, Philippines and Netherlands. The virtual seminar was attended by delegates from 68 member nations of the ADB. Smt. Sitharaman expressed her appreciation and gratitude for Indias frontline wo

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FAQ :

Nirmala Sitharaman participated in the Governor's Seminar on "Cooperation for a Resilient Future" as part of the Asian Development Bank's (ADB) annual meeting 2021.

The theme of the seminar was "Cooperation for a Resilient Future".

Nirmala Sitharaman mentioned India's leadership in the SAARC COVID-19 emergency fund, Access to COVID-19 Tools Accelerator (ACT-A), COVAX, the International Solar Alliance (ISA), and its commitment to Paris Agreement goals.

She emphasised the need to enable India's access to critical raw materials essential for ramping up India's vaccine manufacturing capacity.

She spoke on the need for the private sector and Civil Society to partner with the government to achieve resilient growth, noting their cooperation in providing vaccines and contributing under corporate social responsibility.

She suggested a greater focus on health resilience in the Asia Pacific and urged the ADB to come out with comprehensive solutions to address this.

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