Finance Minister Nirmala Sitharaman speaks on Adani, jobs, oil, and cryptocurrency Issues
India’s Finance Minister, Nirmala Sitharaman, recently spoke out on several pressing issues facing the nation, including the controversy surrounding the Adani Group, employment opportunities, the price of oil, and the regulation of cryptocurrency.
Regarding Adani, Sitharaman emphasized the government’s commitment to transparency and fair business practices. She stated that the government is closely monitoring the situation and will take appropriate action if any wrongdoing is found.
In terms of employment, Sitharaman acknowledged the challenges faced by job seekers in the current economic climate. She noted that the government is taking steps to create more job opportunities through initiatives such as the National Infrastructure Pipeline and the Production-Linked Incentive Scheme.
On the topic of oil prices, Sitharaman highlighted the need for a coordinated global response to stabilize prices and ensure energy security. She also urged oil-producing nations to work together to mitigate the impact of volatility on consumers.
Finally, Sitharaman discussed the government’s stance on cryptocurrency, stating that the nation is taking a cautious approach to regulation. She emphasized the need to balance innovation with consumer protection and noted that the government is working to develop a framework for responsible crypto use.
RE-reported from the story originally published in Money Control English
