IANS | 12 May, 2023
Finance Minister Nirmala Sitharaman on Friday underlined the dilemmas
faced by emerging markets and developing economies (EMDEs) between
climate security and growth, as they manage overlapping crises and
socio-economic transformation.
Addressing a G7 seminar
on economic policies for welfare in Niigata, Japan, the Finance Minister
shared that technology improves access for the poor to markets and
basic services.
She further highlighted that access to digital
connectivity has empowered people and there is a need to discuss ways to
measure empowerment going beyond GDP indicators.
The minister
also emphasised on the importance of sustainable growth and environment
and the need for balancing the two in the short and long run.
She
shared India's focus on technology, digital public infrastructure and
green Hydrogen as a foundation for sustainable and inclusive growth and
as an example of innovative policy toolkits by EMDEs.
