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Need to bridge global infra funding gap, develop innovative financing mechanisms: FM at G20 meet

Press Trust of india by Press Trust of india
February 18, 2022
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GST shortfall: Centre to transfer Rs 6,000 cr to 16 states, 3 UTs

India's Commerce and Industry Minister Nirmala Sitharaman returns a microphone after speaking with media at the 3rd Intersessional Regional Comprehensive Economic Partnership (RCEP) Ministerial Meeting in Hanoi, Vietnam May 22, 2017. REUTERS/Kham - RC1BF3E60F90

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New Delhi:  Finance Minister Nirmala Sitharaman on Friday emphasised the need for bridging the infrastructure funding gap and developing innovative financing mechanisms for an inclusive growth in the sector.

Participating in a virtual session on ‘sustainable financing and infrastructure’ at the ongoing G20 Finance Ministers and Central Bank Governors meeting under G20 presidency of Indonesia, she supported the efforts being made for scaling up the sustainable finance instruments, with a focus on improving accessibility and affordability.

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“Sharing her perspectives on #infrastructure, FM Smt. @nsitharaman highlighted the need for bridging the global infrastructure financing gap, development of #innovative financing mechanisms and mobilisation of public and private investment in inclusive infrastructure,” the finance ministry said in a tweet.

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