Report
Nirmala Sitharaman urges AIIB to widen financing toward AI, MSMEs and skilling infrastructure
The Economic Times reports that India’s finance minister made the appeal in a meeting with AIIB President Zou Jiayi and pledged support for the bank’s 2027 budget plans and operational scale-up.
TLDR
The Economic Times reports that Nirmala Sitharaman met AIIB President Zou Jiayi on the sidelines of the bank’s annual meeting. She congratulated the lender on its strong first-half performance, pledged India’s support for its 2027 budget plans and operational scale-up, and urged it to widen its financing focus toward AI, micro, small and medium enterprises (MSMEs), and skilling infrastructure. India is AIIB’s second-largest shareholder after China.
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