rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 
Rediff.com  » Business » 'India a role model for balanced growth'

'India a role model for balanced growth'

Last updated on: June 28, 2011 11:01 IST

'India a role model for balanced growth'

     Next

Next
Lalit K Jha in Washington

India over the years has emerged as a role model for balanced economic growth for countries across the world, US Treasury Secretary Timothy Geithner said on Tuesday.

"India in some ways is the model for how to produce broad-based economic growth, with a balanced growth in an equitable free market system," Geithner said addressing a meeting of India and American corporate leaders, policy makers and think-tank members at a conference on the 'US-India Economic and Financial Partnership' jointly organised by the Confederation of Indian Industry and Brookings Institute, a Washington-based think-tank.

Click NEXT to read further. . .


Image: US President Barack Obama (left) with Prime Minister Manmohan Singh.
Photographs: Reuters
     Next

'India a role model for balanced growth'

Prev     Next
Prev

Next

On Tuesday, Geithner will lead a high-powered US delegation for discussions on the second India-US Economic and Financial Partnership being held at the Treasury.

Finance Minister Pranab Mukherjee arrived in Washington on Monday morning leading an Indian delegation to attend what is being billed as the highest level economic meeting between the two countries.

". . . India plays such an important role in the G-20 process, where we are trying to bring major emerging market economies together on things that are good for growth," Geithner said.

Click NEXT to read further. . .



Prev     Next

'India a role model for balanced growth'

Prev     More
Prev

More

"We work very close together in all the major international economic and financial fora... where India is playing a very important role," said the US treasury secretary, adding that the US and India are looking to build a strategic economic relationship.

"We have identified bunch of areas. We have very productive technical working exchanges underway like debt management, how to build a more effective (anti-) money laundering regime to areas like infrastructure finances," he said.



Prev     More
© Copyright 2013 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.