Threat to global peace a challenge for economic revival: FM Sitharaman

The FM said that focus is on expanding physical as well as digital infrastructure so that jobs and opportunities can be created for India's youth

Finance Minister Nirmala Sitharaman said on Friday that global peace was necessary for all countries, including India, to recover from the pandemic-induced economic slowdown. Speaking at the Asia Economic Dialogue, the FM said she hoped for peace to be restored soon in Europe so that global economic recovery could take place in a sustained manner.

"Peace is being threatened today. At a time when global value chain is so integrated, India's development is going to be challenged by newer challenges emanating in the world. No one country can plan its recovery alone," Sitharaman said.

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