Ajay Banga In India: Domestic Consumption A Cushion Against Global Slowdown
NEW DELHI, (IANS) – World Bank president Ajay Banga on July 19 met Foreign Minister S. Jaishankar and discussed ways to strengthen regional connectivity.
“Discussed India’s endeavors to strengthen regional connectivity, promote regional prosperity and propel larger development,” Jaishankar tweeted after the meeting.
He said they exchanged views about the concerns of the Global South.
Earlier Banga had also met Finance Minister Nirmala Sitharaman.
Domestic consumption provides a natural cushion to the Indian economy against global slowdown as the bulk of the country’s GDP depends on local demand, he had told reporters after meeting her.
“We talked about everything we did at G20 and how the meeting went. We talked about what the World Bank and India can do further as well as G20 part of it. India is the largest market for the World Bank in terms of our portfolio here. There is a lot of interest here,” he had said.
He said that India has come out strong from the challenges posed by the Covid pandemic, but the momentum needs to be maintained.
Hunter Biden
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Modi sucked up to Banga and now payback time!! Modi sucks up to all Indian Americans in US.
July 20, 2023Rajs Krishnanmoorthy is another one who is trying the change US immigration law to allow more Indians
Which Indian elected him to US congress. I want to throw him out of US Congress
Why the hell does Modi NOT suck up to Ambanis, Tatas, etc. etc.
Because you can fool the white people in US but cannot fool other Indians because they know how things work…………
Guard
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Who is this Hunter Biden?
July 20, 2023