Moneycontrol PRO
LAMF
LAMF

India to raise black money issue at G20 meet: Sources

India will raise the issue of black money at the upcoming G20 meet, reports CNBC-TV18 quoting Finance Ministry sources.
February 15, 2011 / 22:15 IST

India will raise the issue of black money at the upcoming G20 meet, reports CNBC-TV18's Aakansha Sethi quoting Finance Ministry sources. The meeting is scheduled at Paris on February 18-19.

Sources say India will build pressure on non-cooperative jurisdictions. The country will also express its concern over the food export bans by some companies. Along with that volatility of commodity prices will be part of G20 meet agenda.

Finance Minister Pranab Mukherjee will represent India at the meet. The focus will also be on inflation, excess liquidity and capital inflows. Issues such as rebalancing of global economy and sustainable growth will also be on the agenda along with ffinance regulation and macro-economy management.   

The reform of international monetary system will be a priority of the meet. Sources also say India will maintain neutral stance on Yuan exchange rate.

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert:

It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347