Finance Ministers of G-20 nations hold meeting in Bengaluru -

Bengaluru: A meeting of Finance Ministers of G-20 countries has been organised in Bengaluru and the Finance Ministers of the member countries have arrived in India for this purpose. It is said that representatives of major banks and financial institutions worldwide have also come to India. On the occasion of this meeting, India’s Finance Minister Nirmala Sitharaman is said to have held discussions with the Finance Ministers of the United States, Japan, Spain and Argentina. In this meeting, it surfaced that India prioritises controlling cryptocurrency.

Moreover, preparations for the G-20 summit, which is being held in India this year, have begun and the sessions of the meetings as its prelude are also starting. According to this, the meeting of the finance ministers of the member countries has been organised in Bengaluru. The finance ministers of the member countries and the heads of the central banks of the G20 countries are participating in this meeting. Therefore, the importance of this meeting has increased.

Before the meeting, India had raised serious issues related to cryptocurrencies. By raising these issues, India is highlighting the potential dangers of cryptocurrencies. Some economists have warned that the next financial crisis to hit the world could be caused by cryptocurrencies. India is appealing to all countries to take this problem seriously by giving it as an example. A single country cannot control cryptocurrency. A few days ago, Finance Minister Sitharaman had warned that all countries should make a concerted effort for this.

On Thursday too, Sitharaman presented this position of India once again. At this time, Sitharaman demanded that a system should be developed globally to control cryptocurrencies. Therefore, there are clear indications that the issue of cryptocurrency will be on the agenda in this meeting of G-20. Along with this, India has also made it clear that the agenda of the G-20 meeting in India will be development and the issue of imposing sanctions on Russia or any other country cannot be raised here. As Russian Foreign Minister Sergey Lavrov prepares to visit India, this revelation by India becomes very important.

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