Sitharaman

• Finance Minister Nirmala Sitharaman has confirmed that India's extensive food buffer networks are fully secured to ensure food security. • The treasury is currently monitoring second-round logistics overheads, even as global energy markets experience a recent de-escalation. • India's institutional fiscal planning framework is re-aligning to address a complex combination of domestic and global resource constraints.

• Finance Minister Nirmala Sitharaman announced that India is the fastest-growing major economy, with GDP growth projected to remain robust at 7%. • This economic growth is being driven primarily by strong domestic demand and ongoing structural reforms. • The announcement was made during a summit presided over by French President Emmanuel Macron, which included leaders from G7 nations, Brazil, China, Kenya, South Korea, and the IMF.