India stressed the need to ensure due participation of developing countries in the decision making mechanism of international economic and financial institutions. Speaking at the General Debate of the Second Committee at United Nations, the Minister of State for External Affairs E Ahmed said that the continuance of economic vulnerabilities and emerging challenges with complexities of globalisation, demand an urgent reform of the structures of global governance. He said despite concerted efforts, the global economic situation remains one of deep concern with unemployment, food and energy concerns running high.Mr. Ahmed said that the move would also help address core concerns of the Least Developed Countries and countries in Africa on debt sustainability, financial assistance, trade and development. He also reiterated the need for urgent reform of the UN Security Council, including expansion of the permanent and non-permanent categories and revitalisation of the General Assembly.