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
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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.
first published: Feb 15, 2011 10:38 pm

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