The prime minister said that a stable global economic and financial system is imperative for growth as it promotes inclusive and sustainable growth. The prime minister also professed India's support for BEPS recommendations and called on countries to commit to the timeline of 2017-18 announces in Hangzhou, China. While talking on effective global economic and financial governance in Hangzhou, PM Modi said that fighting corruption, black money and tax evasion was key to financial governance. The Prime Minister also said that India needs energy to support its development. At the G20 Summit, Modi also met Theresa May the prime minister of United Kingdom.

Source: India Today September 05, 2016 05:10 UTC