India's Influence Grows on Global Stage: Sitharaman's Vision

Union Finance Minister Nirmala Sitharaman emphasized India's aim to enhance its global influence rather than dominate, during her remarks at a panel in Washington D.C. She highlighted India's role in technology, multilateralism, and infrastructure resilience while urging international cooperation and financial efforts toward disaster management and climate challenges.

Union Finance Minister Nirmala Sitharaman has emphasized India's intention not to assert dominance, but to extend its influence globally. Speaking during a panel discussion on "Bretton Woods at 80: Priorities for the Next Decade," she asserted that India's growing economy and technological advancements position it as an unavoidable global force.

Highlighting India's commitment to multilateralism, Sitharaman critiqued the lack of effective solutions from current multilateral institutions. She argued for enhanced information sharing and cooperation to strengthen these institutions, ensuring they can address pressing global challenges effectively.

Sitharaman also discussed India's efforts in disaster-resilient infrastructure, emphasizing the need for global partnerships. She reiterated India's readiness to collaborate with other developing countries, particularly through initiatives like the Coalition for Disaster Resilient Infrastructure, underlining India's leadership in technology and disaster risk reduction.

(With inputs from agencies.)