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Finance Minister Smt. Nirmala Sitharaman attends 4th G20 Finance Ministers Meeting in Washington

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Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman participated in the 4th G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting under the Italian Presidency held on 13th October, 2021 in Washington D.C. on the sidelines of the IMF-World Bank Annual Meetings.
The meeting was the final FMCBG Meeting under the G20 Italian Presidency and saw discussions and agreements on various issues concerning global economic recovery, pandemic support to vulnerable countries, global health, climate action, international taxation and financial sector issues.

PLI Scheme for Promoting Telecom

Shri Devusinh Chauhan, Minister of State of Ministry of Communications, launched on 14 October Production Linked Incentive (PLI) Scheme for Telecom and Networking Products.
Speaking at the occasion, Shri Chauhan said that PLI Scheme in telecom sector has been launched to realize the Prime Minister’s vision of Atmanirbhar Bharat. It will help in reducing India’s dependence on other countries for import of telecom and networking products. He called upon the industry leaders to focus on making high quality productsand expressed the commitment to provide incentives and support to promote world class manufacturing in the country.