Budget Committee Travels to India
Berlin, December 6, 2024 – The Budget Committee of the German Bundestag is currently on a trip to India. The delegation, led by Committee Chairman Helge Braun (CDU), will be in the country from December 5-10.
The aim of the trip is to gain an understanding of the Indian economy and its development potential. The delegation will meet with representatives from the Indian government, the central bank, and the private sector. They will also visit various projects and companies to see the country’s economic development firsthand.
In a statement before the trip, Braun said, “India is one of the most important emerging economies in the world. Its economic development is of great interest to Germany. We want to learn more about the country’s strengths and weaknesses and to explore opportunities for cooperation.”
The Budget Committee is responsible for overseeing the German government’s budget. The committee also plays a role in shaping Germany’s economic and fiscal policy.
Key points of the trip will include:
- Meetings with Indian Finance Minister Nirmala Sitharaman, Reserve Bank of India Governor Shaktikanta Das, and other government officials.
- Visits to the Bangalore Stock Exchange and the National Stock Exchange of India.
- A visit to the Serum Institute of India, the world’s largest vaccine manufacturer.
- A visit to the Indian Space Research Organization (ISRO).
The Budget Committee’s trip to India is a sign of the growing importance of the country to Germany. India is the sixth-largest economy in the world and is expected to become the third-largest by 2050. The country is a major market for German exports and is a source of investment for German companies.
The Budget Committee’s visit is expected to help strengthen economic ties between Germany and India. The committee’s report on the trip will likely make recommendations on how to further develop cooperation between the two countries.
Haushaltsausschuss reist nach Indien
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