New Delhi:  India has pitched for greater international policy co-ordination to ensure strong global growth and ring fence countries from risks to economic recovery.  “Domestic policy efforts are country specific whereas to reach the target of 2 per cent global growth in the next five years greater synergy would be required in the international policy coordination,” Finance Secretary Arvind Mayaram said at a recent G-20 Deputies Meeting in Washington. “To increase global growth we not only have to look at the positive impact on country growth and spillovers but also reduce negative spillovers and risks to the world economy as a whole,” Mayaram said.

(To receive our E-paper on whatsapp daily, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

Free Press Journal