New Delhi, Feb 1 (PTI) Finance Minister Nirmala Sitharaman on Thursday said the global situation is becoming more complex and challenging due to wars and conflicts in different parts of the world.

The Russia-Ukraine conflict and the Israel-Hamas war have disrupted the global supply chains, impacting trade.

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The minister, while presenting the interim Budget, said that the new world order is emerging and India has successfully navigated the global challenges in fuel and fertiliser price spike.

She also said that strengthening the financial sector in the country has helped make savings, credit and investments more efficient.

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All forms of infrastructure are being built in record time, she said.

The government has also provided transparent, accountable, trust-based administration with a citizen-first approach.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)