San Francisco, April 21 -- Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, highlighted that global financial institutions like the IMF and the World Bank have recognised India's strong growth potential and its important role in supporting global trade.

The minister highlighted this during her address to the Indian diaspora in San Francisco at the India Community Centre, where she spoke about India's emerging leadership in the global economy.

"When we say India is the fastest growing economy, and when the IMF or the World Bank recognizes that India, because of the growth potential, can be India, China, many other such countries, can be the engine to pull the world trade, which is in the negative or just about positi...