Development Finance & Sustainable Growth

New Delhi, May 15 (PTI) Development finance must evolve to be catalytic, flexible and aligned with national priorities, supporting innovation, capacity building and inclusive, sustainable growth, Economic Affairs Secretary Anuradha Thakur said on Friday.

While participating at the 11th Annual Meeting NDB held in Moscow on the theme of the meeting, 'Development Financing in an Era of Technological Revolution', she highlighted that financing technological transformation must align with inclusivity, resilience and sovereignty, the finance ministry said in a post on X.


Department of Economic Affairs Secretary, as Alternate Governor for the New Development Bank (NDB), emphasised investment in technology-enabling infrastructure and skills as the foundation for sustainable growth.

She noted that innovation pathways must be country-driven and adapted to local contexts.