India recognises the need for environmentally sustainable development strategy: IMF


India recognises the need for environmentally sustainable development strategy: IMF

The International Monetary Fund looks at India as a country that recognizes the need for an environmentally sustainable development strategy as the global community gears up for a decisive fight against climate change.

“If you look at India in the last generation…India has been undergoing development. India has been undergoing a transformation. India has become a major player in the world economy. India is a great power and we look at India as a country that recognizes the need for an environmentally sustainable development strategy,” Vitor Gaspar, Director of the IMF’s Fiscal Affairs Department told PTI in an interview.

Noting that India is particularly concerned about prospects for the poorest segments of its population in the context of this process of development, he explained how does climate change fit into the framework. Read More

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