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Indian economy facing challenges, says Sitharaman

Nirmala Sitharaman

Nirmala Sitharaman  

She was speaking at the launch of a book on global finance

Finance Minister Nirmala Sitharaman on Sunday unveiled a book on global finance and said it suggests solutions for challenges that the world and Indian economy is currently facing.

Launching the book titled The Rise of Finance: Causes, Consequences and Cur e, Ms. Sitharaman said it will help “understand the current economic situation facing both the world and Indian economy”.

The book is co-authored by the Dean of IFMR Graduate School of Business V. Anantha Nageswaran and senior managing director at Global Innovation Fund Gulzar Natarajan.

‘Challenging time’

“... this will be a book that is very relevant to those of us sitting on the policy-making table. Secondly, its relevance and the timing of the launch of the book in India. We are currently facing a challenging time,” Ms. Sitharaman said.

The Finance Minister said the book has come at a time when questions are being asked about the nature of the slowdown, which is affecting the global economy and bogging it down.

“I really commend the prescriptive and descriptive narrative that supports the topic of financialisation and the solutions that have been prescribed for situations that the world and Indian economy is currently facing,” Ms. Sitharaman said.

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