India's Economic Priorities Amid Global Uncertainties

Finance minister Nirmala Sitharaman emphasized the importance of sustaining economic growth through increased public capital expenditure, identifying it as a primary driver for development. Speaking at a book launch in New Delhi, she highlighted the government's commitment to growth and job creation, despite projections of a slowdown in India's economic expansion.

Global Leadership and Domestic Focus

Sitharaman also discussed India's aspirations for a leadership role on the global stage, particularly in representing the Global South, while maintaining fiscal responsibility at home. She noted the government's efforts to attract foreign investments and the shift towards bilateral trade agreements, citing recent deals with Australia, the UAE, and the UK.

Relations with China: A Cautious Approach

On the topic of India-China relations, Sitharaman mentioned initial signs of improvement following recent diplomatic engagements but stressed the need for caution moving forward.