Underlining India’s focus on creating opportunities for the poor by empowering communities for equitable growth, Finance Minister Nirmala Sitharaman has said that the reforms brought in India since 2014 have enabled decentralisation of planning in India, which enabled States to set ambitious development targets and perform to their potential.
Finance Minister addressed 11 Executive Directors (EDs) of the World Bank Group, which representing 95 countries. EDs, who are on a visit to India, called on the finance minister. They appreciated the fast-paced development across all sectors enabled by transformational reforms and private sector participation in India's ambition of becoming a developed country by 2047.
They 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 EDs also appreciated the clarity of the vision of the political leadership of India. They were especially appreciative of efforts like GST, NariShakti and FASTag that are in line with the vision of fast-paced development.
