Onboard Air India One, Nov 16 : Prime Minister Dr. Manmohan Singh batted for developing economies at the G-20 summit.
Addressing a news conference onboard Air India One, while returning from Washington on Sunday, Singh said, the present economic crisis was threatening to spill over to the developing countries as well and that the developed countries must not lose sight of the impact of the crisis on the developing countries.
Onboard Air India One, Nov 16 : Prime Minister Dr. Manmohan Singh on Sunday called for coordinated fiscal stimulus to deal with present economic crisis.
Addressing a news conference onboard Air India One today, while on his way back from Washington where he attended the G-20 summit, Singh said, all the countries were in complete agreement that there was need for considerable fiscal stimulation.
He also said that international financial institutions should come out with facilities to increase their assistance to developing countries to help them tide over the crisis and added that the international financial institutions must be provided with adequate resources to meet the challenge of the crisis as far as developing countries are concerned.
Washington - The world must not fail to protect developing countries from a recession that was not of their making, Indian Prime Minister Manmohan Singh warned Saturday.
"Our willingness to take specific steps to support developing countries in this period of exceptional difficulty will be a test of our collective leadership," said Singh, an economist, former central bank governor and finance minister, and the architect of India's economic reforms programme in the 1990s.
New Delhi - Prime Minister Manmohan Singh said Thursday that India's message to the G20 nations would be that every effort must be made to ensure that the global financial crisis had minimum impact on developing countries.
Singh, who is scheduled to join leaders of the world's top 20 economies to discuss the crisis at a summit in Washington on Saturday, was speaking at a press briefing in the Indian capital after a meeting of a regional group of South and South East Asian nations.
New Delhi, Nov 13 : Prime Minister Dr. Manmohan Singh said on Thursday that G-20 would be urged to protect the developing economies from the effects of global recession.
Emerging economies of the G20 are expected to demand a greater say in global financial decision-making at their summit with industrialised nations after the crisis put major nations on the verge of recession.
Washington - The world must not fail to protect developing countries from a recession that was not of their making, Indian Prime Minister Manmohan Singh warned Saturday.
New Delhi, Nov 15 : Prime Minister, Dr. Manmohan Singh has expressed grief at the demise of the veteran leader and former Minister Ajit Panja.
New Delhi - Prime Minister Manmohan Singh said Thursday that India's message to the G20 nations would be that every effort must be made to ensure that the global financial crisis had minimum impact on developing countries.
New Delhi, Nov 13 : Prime Minister Dr. Manmohan Singh said on Thursday that G-20 would be urged to protect the developing economies from the effects of global recession.
