'Some parts of the country are in severe food insecurity due to external factors,’ says Nirmala Sitharaman

Finance Minister of India Nirmala Sitharaman is in Washington DC to attend the annual meeting of the International Monetary Fund and the World Bank. She said, "There are many risks that are extraneous to the Indian economy. Fertilizer prices, energy, not just price, but also availability are challenges... As a result, some parts of the country are in severe food insecurity." "The next annual budget of India will have to be very carefully structured to sustain the country's growth momentum," she says, noting that it will also address inflation concerns.