Finance Minister Nirmala Sitharaman on Monday shared India’s response to Covid-19 at the G-20 High-Level Independent Panel (HLIP) on funding the global commons for the coronavirus pandemic.

The Financial Minister interacted virtually with the co-chairs of the G-20 HLIP, Singapore’s senior minister Tharman Shanmugaratnam, Former United States treasury secretary Lawrence H. Summers and World Trade Organization (WTO) director-general Ngozi Okonjo-Iweala and highlighted the measures taken by India to increase the health system and support the Indian economy to fight against the pandemic.

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The G-20 had established the HLIP in January to know the solutions for preparation and response to the Covid-19 crisis, highlighting the need for a significant global effort to improve prevention, monitoring, practice, and response.
The panel also saw the need for an appropriate funding system required for managing future health threats. The panel has been given the task of identifying gaps in the financing system and recommending solutions to fill these gaps systematically and sustainably. It will optimally leverage resources from the public, private and charitable sectors, and international financial institutions.