The finance ministry in a statement on Wednesday said, India has urged the G-20 nations to put in place an effective mechanism to deal with negative spillovers of unconventional monetary policies pursued by advanced economies.
India put forth its view at the meeting of finance officials from the Group of 20 leading economies in Istanbul. India's Junior Finance Minister Jayant Sinha also expressed concern over the monetary policies of some of the developed countries, the statement added.
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