Finance Minister Nirmala Sitharaman
Nirmala Sitharaman Meeting in IMF-World Bank: Union Finance Minister Nirmala Sitharaman said that it is too early to draw conclusions on the lessons learned by India from the Kovid-19 crisis. Along with this, he said that after the epidemic, the world will not be like before (Covid Pandemic). Sitharaman said that the government had given a stimulus package long before the second wave of Kovid-19 came and she was waiting for the economy to get back on track.
Sitharaman told a group of Indian journalists after finishing her meetings at the International Monetary Fund (IMF) and the World Bank that during that phase and after the second wave, whatever steps she took were “for theirs”. There was ‘no precedent’ to depend on. The Finance Minister said, ‘According to me, it is too early to draw conclusions on the lessons (learned from the Kovid-19 crisis).’ Sitharaman said that they were not the kind of measures that India was doing alone. He said that every country in the world has been affected by this crisis.
‘The world will never be the same’
“So, in a quick look back and looking at the experience of the last year, I think it is a bit too early to say that this could have been handled better,” the finance minister said. Sitharaman said, ‘As I said there was no precedent and it may be limited to assess it from this short one-and-a-half year period.’ On a question, the Finance Minister said that the post-pandemic world will not be the same as before.
‘Changes happening around the world’
Sitharaman said, ‘India’s priorities are certainly based on the fact that most of us would agree that it will not be the same world after the pandemic, be it manufacturing or labor. .’ He said that the issues are going to be quite different than before (Nirmala Sitharaman on Economy). Sitharaman said that at present a lot of changes are taking place around the world.
Changes happening in every field
The Finance Minister said, ‘It is not a matter of any one area, it is happening in every sector. There has certainly been a lot of thought in global institutions. It is also being seen how there can be greater synergy among nations so that resources can be better utilised. The Finance Minister said, ‘And as far as the issues of being prepared for future pandemics or such emergencies are concerned, where countries will need to help each other, then this time there will be a way to do better than what we did. ‘
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