NEW DELHI: Union finance minister Nirmala Sitharaman on Thursday said that the global situation is becoming more complex and challenging due to new conflicts emerging in different parts of the world.
The Russia-Ukraine conflict and the Israel-Hamas war have disrupted the global supply chains, impacting trade.
While presenting the interim budget, Nirmala Sitharaman said that India has successfully navigated the global challenges like fuel and fertiliser price spike during the emergence of new world order.
Sitharaman also pointed out that strengthening the financial sector in the country has helped make savings, credit and investments more efficient . She said that all forms of infrastructure are being built in record time.
The government has also provided transparent, accountable, trust-based administration with a citizen-first approach.
The Russia-Ukraine conflict and the Israel-Hamas war have disrupted the global supply chains, impacting trade.
While presenting the interim budget, Nirmala Sitharaman said that India has successfully navigated the global challenges like fuel and fertiliser price spike during the emergence of new world order.
Sitharaman also pointed out that strengthening the financial sector in the country has helped make savings, credit and investments more efficient . She said that all forms of infrastructure are being built in record time.
The government has also provided transparent, accountable, trust-based administration with a citizen-first approach.