Rs 14,131.6 cr recovered from sale of Vijay Mallya’s assets: Sitharaman
The Finance Minister informed the Lok Sabha that the Enforcement Directorate (ED) has been successful in recovering assets from several high-profile economic offenders.
Union Minister for Finance & Corporate Affairs Nirmala Sitharaman will be traveling to the USA on an official visit beginning tomorrow. During her visit, Sitharaman will be attending the Spring Meetings of the International Monetary Fund (IMF) & World Bank, the G20 Finance Ministers, and the Central Bank Governor Meeting (FMCBG) meetings.
The Finance Minister will take part in bilateral meetings with several countries, including Indonesia, South Korea, Sri Lanka, and South Africa.
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The Finance Minister will also hold one-on-one meetings with CEOs from the semiconductor, energy, and other sectors of priority for the Government of India.
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In a high-level meeting, the Finance Minister will also meet Mr. David Malpass, president of, the World Bank.
During the course of the visit, Smt. Sitharaman will participate in a high-level panel discussion on “Money at a Crossroad” hosted by the Managing Director, IMF.
Apart from the official meetings with the World Bank, IMF, G-20, and Financial Action Task Force, the Finance Minister will also attend an event at the Atlantic Council, a prominent think tank based in Washington DC, and will also interact with the faculty and students at Stanford University.
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