Finance Minister Nirmala Sitharaman appeals to the private sector to lend a hand to the government for sustainable development.

Finance Minister Nirmala Sitharaman appeals to the private sector to lend a hand to the government for sustainable development.

Finance Minister Nirmala Sitharaman has made a big appeal to the private sector. He has said that the private sector should help in achieving the goals of sustainable development. He said that efforts are being made by the government and agencies. The Finance Minister has also appealed to the private sector to participate in this. 

He said that the capital given as philanthropy will also help in reducing costs, risks and mobilizing private capital. Finance Minister Nirmala Sitharaman said that it is the responsibility of all stakeholders to participate and contribute in this effort. The Finance Minister said these things while addressing a meeting in Morocco, which was organized by the Confederation of Indian Industry. 

‚ÄčNirmala Sitharaman is on a tour of Morocco these days, where she was to participate in the fourth meeting of Finance Ministers of G-20 countries. Along with this, the meeting of World Bank and International Monetary Fund is also to be held in Morocco. The Finance Minister is also to participate in this meeting. During the meeting in Morocco, Nirmala Sitharaman said that I am inviting the private sector to come forward and join it in pursuing the global goals. 

It is noteworthy that the countries of the United Nations had adopted 17 goals in 2015. This includes taking steps to solve all the global challenges, from freedom from poverty and hunger to the development of cities. This target has been set to be accomplished by 2030. 

This statement of Sitharaman becomes even more important at this time, because the process of giving money for global issues like sustainable development is under question. Global agencies like the World Bank and IMF are pressurizing for changes in these methods.

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