Page 28 - G20

G20 Sherpa's meeting: Negotiations to begin on leaders' statement

There have been differences between the two groupings over the language used to criticize Russia's invasion of Ukraine

G20: War in Europe did not cause global inflation, says Russian Sherpa

"Unless the G7 nations stop bringing attention to issues which have nothing to do with G20, it will be difficult to reach an agreement on the final Leaders Declaration at the end of the year"

Govt turns optimistic on forging G-20 consensus on Russia-Ukraine war

India's top G-20 negotiator, Amitabh Kant, said that the group still isn't close to reaching a settlement over the language in a joint statement at the leaders meeting in September

G-20 Sherpas' meeting: India to fund digital payments infrastructure abroad

"This is about spreading India's soft power and also enabling Indian private sector, which is well versed in these technologies, to get business opportunities abroad," a second senior official said

Either G20 cooperates or banking crisis deepens, says Jeffery Sachs

'The year 2023 was already shaping up to be a difficult year, even before the banking crisis'

G20 issues bigger than the Russia-Ukraine war, says Amitabh Kant

Kant said that India had presented its deliverables to G20, and negotiations had begun on the text of these deliverables

India remains a bright spot among global economies: Piyush Goyal

"We aim to use technology in every sphere to serve the people of India in a big way. Today, we are showcasing our developmental model to the rest of the world," Goyal said

G20 Science Advisers agree to work on draft document: Ajay Kumar Sood

The G20 Science Advisers' Roundtable first meeting here on Wednesday agreed to work on a draft document incorporating inputs of all participating countries. "There was agreement to work on a draft document by further refining the concept note, incorporating inputs offered by the rest of the countries over the next two or three months. It will be circulated among the participating countries so that a draft document is ready by August when we meet again in Brazil," Principal Scientific Advisor to the Government of India Ajay Kumar Sood said at a press briefing here after the first day's deliberations. The first day's agenda of the meeting was focused on opportunities in 'One Health' including human, livestock and wildlife health, open access of knowledge, bringing traditional knowledge base of marginalised and tribal communities into the mainstream following the principle of diversity, equity, inclusion and accessibility and having a scientific inclusive policy framework in which all .

G20 working group talks ways to make trade work for growth, prosperity

Minister of State for Finance Bhagwat Karad, who addressed the inception meeting of the TIWG in Mumbai spoke about the widening gap between developing and developed countries

G20 Sherpas meet to take stock of work under India's Presidency

Kumarakom in Kerala to host 3-day meet from tomorrow

G20: Working group meet calls for paperless international trade

An official statement said digitalisation of international trade could be an effective solution towards achieving cost reduction in trade and trade finance

G-20 sets up an expert panel on multilateral institution reforms

NK Singh, Larry Summers to head the expert group

EXIM Bank expects foreign currency borrowings to be $3-3.5 bn in FY24

Rupee-denominated fund-raising would be worth Rs 20,000-25,000 crore in FY24, says export finance institution

G20 expert group formed for strengthening multilateral development banks

Under the aegis of India's G20 Presidency, a 11-member expert group has been set up to suggest measures to strengthen multilateral development banks (MDBs). The finance ministry in a statement said Professor Lawrence Summers ( President Emeritus, Harvard University) and N K Singh (Former Chairperson, 15th Finance Commission of India) are co-convenors of the G20 Expert Group on strengthening MDBs. The panel would work on making a road map for an updated MDB ecosystem for the 21st century, touching upon all aspects of MDB evolution, and mechanisms for coordination among such banks to address and finance global development and other challenges more effectively. The panel would also evaluate various estimates regarding the scale of funding required by and from MDBs for addressing their and member countries' increased financing needs for SDG and transboundary challenges. The expert group will submit its report to the Indian Presidency of G20 before June 30, 2023, the ministry said.

Water resource management vital for nation's development: Official in G20

Holistic water resource management is a pre-requisite for the development of a nation, a senior official said at the 2nd meeting of the G20 Environment and Climate Sustainability Working Group in Gandhinagar on Monday. Debashree Mukherjee, Special Secretary in the Union Ministry of Jal Shakti. also said there was need for collaboration in the field of water resources. She was addressing delegates from nineteen G20 nations and nine invitee countries as well as 13 international organisations. India is committed to strengthen cooperation in water resources development and management through sharing of technical experiences, best practices, usage of state-of-the-art tools and technology and case studies of successful interventions in the water sector for mutual benefit, Mukherjee said. The event saw presentations from Indonesia, Brazil, Argentina, Canada, China, European Union, France, Germany, Italy, Korea, Mexico, Japan, Saudi Arabia, South Africa, Turkey, UK, USA, Denmark, Singapore

NDMC plans activities related to India's G20 presidency in schools

The New Delhi Municipal Corporation (NDMC) has planned various activities in its schools aiming to support the government's ongoing efforts of making India's G-20 Presidency a success, officials said on Monday. Activities like poster making, painting and drawing competition, speech competition, quiz (round-I), essay competition, debate and quiz (round-II) will be organised till November 2023 for the students from Class 6 to Class 8, Satish Upadhyay, New Delhi Municipal Council Vice Chairman, said. He said month-wise activities have been scheduled to create awareness about G20 and its significance under India's Presidency. A dedicated G20 day shall be celebrated before the last working day of every month. Distinguished guests and eminent personalities may be invited to encourage the students of NDMC schools," Upadhyay said in a statement. He said for this purpose, 29 schools have been selected and designated as 29 countries (20 member countries + nine guest countries), who will ...

G20 must prioritise climate finance

Funding is also needed for the International Monetary Fund, the Asian Development Bank, even the private sector, to preserve biodiversity

India to showcase traditional water management techniques as G20 side event

India will showcase its traditional water management techniques and the ability to implement mega water projects during the G20 environment and climate sustainability working group, scheduled to be held in Ahmedabad next week. India, during its presidency of the G20, had asked member nations to share their best practices in the area of water management to enable knowledge exchange and cross learning. Briefing reporters about the meeting, Union Jal Shakti Ministry Special Secretary Debashree Mukherjee said the technical sessions during the three-day meeting beginning Monday will focus on five areas -- climate resilient infrastructure, groundwater management, water sanitation and hygiene, climate change mitigation and resource efficiency and circular economy. The delegates from G20 countries will visit the famous Adalaj Stepwell to showcase traditional water harvesting techniques. They will also visit the Narmada canal syphon on the Sabarmati river, which is an evidence of Indian ...

The agenda: G20 meet to focus on fair, transparent, and inclusive trade

The meeting will focus on all the areas barring WTO-related matters that will be taken up at a later stage

New bus queue shelters in Delhi to be vandal-proof: Kailash Gahlot

Delhi Transport Minister Kailash Gahlot has said the new bus queue shelters with digital screens to display bus routes will be theft-proof and vandal-proof. Presenting the Delhi Budget 2023-24 in the assembly on Wednesday, the minister had announced the AAP government's plans to construct 1,400 new and modern bus queue shelters (BQS) across the national capital. "Besides providing a comfortable waiting area for bus commuters, these bus shelters will also have a static display of bus routes and digital screens displaying the arrival time of buses. In view of the G20 summit in Delhi, we will complete this work in a phased manner," he had said. Talking to PTI on Thursday, Gahlot noted that these shelters will be made vandal-proof among concerns over the safety of digital screens. "Those who need to steal will steal any which ways. But we will try and make it theft-proof and vandal-proof. Our buses have CCTV cameras and video recording systems, but they come in such a kind of casing t