Union Finance Minister Nirmala Sitharaman on Thursday met her Japanese counterpart Shunichi Suzuki, ahead of the first G20 Finance Ministers and Central Bank Governors meeting
Yellen, speaking at a news conference in India on the eve of the first anniversary of the Russian invasion
The FMCBG meeting will look to find lasting solutions to the issue of unsustainable debt in some low- and middle-income nations
Govt plans to showcase success of India's digital economy at the G20 summit to be held in New Delhi in Sept
"There are countries that are facing huge debt problems and our aim in G20 will be to find lasting solutions to these problems"
Discussions expected on debt of poor nations, multilateral institution reforms
In India, the economic loss due to land degradation and changes in land use pattern was estimated in 2014-15 at Rs 3.17 trillion
In the first international summit after the abrogation of Article 370, Srinagar is gearing up to host the G-20 meeting and the preparations are in full swing in Jammu and Kashmir
India has taken over the G-20 presidency at a crucial time when the world is facing several challenges, including the Russia-Ukraine war, economic slowdown and the climate crisis, G-20 Sherpa Amitabh Kant said on Wednesday, adding it is an opportunity for the country to shape the agenda for an inclusive and sustainable development. Speaking at an event at Hindu College here, Kant noted this is the first time that India is getting an opportunity to shape the agenda for the world instead of responding to the agenda set by other countries. Noting the importance of the G-20 forum, he said, "G-20 countries account for 85 per cent of the global GDP and 78 per cent of global trade.... They account for two-third population of the world." India assumed the yearlong presidency of G-20 on December 1. More than 200 meetings will be held in India across 55 locations. Many of them will be hosted in Delhi. The G-20 comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, ...
With effective implementation of Digital Public Infrastructure (DPI) like Aadhaar, CoWin, many others, India leapfrogged 40 years of development and made progress in seven years which was expected to be achieved in 47 years, G20 Sherpa Amitabh Kant said here on Tuesday. Kant was giving a keynote address in the first Digital Economy Working Group (DEWG) meeting that witnessed active participation from G20 members, knowledge partners, and eight guest countries. "With effective implementation of DPI, India leapfrogged 40 years of development and made progress in 7 years which was expected to be achieved in 47 years. Any country can use the already developed DPIs and innovate on the top of the same," Kant said in a statement. Kant spoke at length about the successes of DPI in terms of inclusion, delivery of social services, preventing monopolisation in digital space, and security, privacy & governance. He shared the full suite of Indian DPIs, namely Aadhaar, CoWIN, DigiLocker, etc in .
The war represents a failure of diplomacy, but the forthcoming G20 summit is an opportunity for diplomacy to redeem itself
Kolkata will host the India International Seafood Show 2023, which will feature a buyer-seller meet with a particular focus on G20 countries, organisers said on Tuesday. The three-day event organised by the Marine Products Export Development Authority (MPEDA) in association with the Seafood Exporters Association of India (SEAI) will commence on Wednesday. The Show assumed significance as the Indian seafood sector needs to regain buoyancy in the post-pandemic phase in the face of stiff global competition and a stringent inspection regime imposed by the European Union and Japan on shrimp consignments. European Union and Japan are members of G20. According to M Karthikeyan, director of MPEDA, around 5,000 delegates from India and other countries are expected to attend the event. MPEDA officials said Pradhan Mantri Matsya Sampada Yojana (PMMSY) would promote fish production, thereby increasing the availability of marine products for export. Further, the Production Linked Incentive Sc
Nearly 1.50 lakh foreign delegates are expected to arrive in India this year to participate in various G20 meetings to be held in 56 cities, Union Tourism Minister G Kishan Reddy said on Tuesday. Addressing reporters, Reddy said after independence and till 2014, only 13 antiquities which were smuggled out of India, were brought back. Whereas during Prime Minister Narendra Modi's visits to various countries, 229 relics or monuments were brought to the country. India is hosting (heading) G20 this year. Officials and minister and delegates from 29 countries (20 countries of G20 group and nine special invitees) will be coming to India to participate in various meeting. The meetings will be held in 56 cities in India. Approximately 1.50 lakh foreign delegates are expected. Along with them their family members and associates are also expected." Owing to COVID-19 pandemic, he said the tourism sector suffered heavily for two years. However, the revival started in 2022 as domestic tourism .
Pointing out that every state is part of India's G20 Presidency, Home Minister Amit Shah has said that it is natural that credit for a successful summit will go to Prime Minister Narendra Modi
It is estimated that more than Rs 1,000 crore will be spent by various Delhi government agencies on the preparations for the G20 summit and related events to be held in the city in the coming months, officials said on Monday. Apart from upgrading the civic infrastructure, the beautification work and such other preparations by various departments of the city government and the New Delhi Municipal Council (NDMC) will cost Rs 1,084 crore, they added. Delhi will host the main summit meeting of the G20 (Group of 20) countries and seven other related events, starting March. Earlier this month, Deputy Chief Minister Manish Sisodia had written a letter to the Centre, seeking a grant of Rs 927 crore to take up special development projects for the G20 summit. According to the officials, 26 Delhi government departments and central agencies are working on the preparations for the summit. The public works department (PWD), the Municipal Corporation of Delhi (MCD) and the NDMC will mainly be ..
One97 Communications Limited that owns leading payments and financial services company Paytm, on Friday launched a special G20-theme, QR Code to celebrate India's presidency.
Prime Minister will visit Lucknow on Friday to inaugurate the Uttar Pradesh Global Investors Summit 2023, read a statement by Prime Minister's Office.
Delhi LG VK Saxena has directed officials to develop a food Street around the Salimgarh Fort and to connect the Qutub Minar with Mehrauli Archeological Park to convert the area into a heritage walk, officials said on Sunday. Saxena had on Saturday visited several locations in the national capital to review the repair and revamp work underway for the G20 summit, scheduled to be held here in September. The LG directed the land and road owning agencies to ensure that the green spaces on the Outer Ring Road along Yamuna are spruced up and made encroachment-free. On February 2, Saxena had chaired a high level committee meeting to take stock of the ongoing works. Saxena began his inspection visits from ISBT, Hanuman Mandir, Salimgarh Fort, Red Fort, Outer Ring Road along Yamuna and the Samadhi stretch, and proceeded to south Delhi. Walking on foot, he instructed the officials to have areas around Hanuman Mandir and under the Hanuman Setu flyover cleaned and decongested, officials said.
With sustainable finance being a niche sector and most still in the learning process, the Sustainable Finance Working Group (SFWG) of G20 under India's presidency will work towards capacity building in the segment by identifying requirements, efforts already in place and existing gaps, an official said. It will then come up with recommendations on what needs to be done in specific areas and how organisations can contribute towards it, she added. Capacity building of the ecosystem for financing sustainable development was among the priority areas taken up for discussion in the 1st SFWG meet, Geetu Joshi, adviser, Ministry of Finance (MoF), said at the end of the two-day meeting here on Friday. She said it had been taken up because in many countries there is a lack of adequate knowledge and a scarcity of skilled professionals and workforce in sustainable finance. There is a lack of adequate knowledge. One member country said during a session that they thought only developing countrie
Delegates participating in the ongoing G20 Employment Working Group meeting here participated in a heritage walk here visiting the streets and architectural marvels of the city. The heritage walk started from Ghantaghar and passed through Toorji ka Jhalra -- a stepwell made in 1740. The three-day meeting of the G20 Employment Working Group began Thursday. Delegates from 19 nations, the European Union, nine guest countries and as many regional and international organisations will take part in the meeting The G20 is an intergovernmental forum of the world's major developed and developing economies. A premier forum for international economic cooperation, it comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US, and the European Union.