Page 36 - G20

G20 education working group likely to lead to university tie ups

Collaboration with Universities across the globe would be the major outcome of the deliberations at the Chennai Meet, Sanjay Murthy, Secretary Higher Education

Inclusive, resilient growth focus of India's G20 priorities: S Jaishankar

India's priorities for its G20 Presidency are to ensure inclusive and resilient growth with a focus on challenges being faced by the countries of the Global South, External Affairs Minister S Jaishankar said on Thursday. Replying to a question in Rajya Sabha, Jaishankar also listed technological transformation and public digital infrastructure, reform in the multilateral institutions, women-led development and international peace and harmony as key focus areas for India's presidency of the grouping. India assumed the presidency of the influential bloc G20 at its annual summit in Bali in November with a promise of striving to ensure that the grouping acts as a global prime mover to envision new ideas and accelerate collective action to deal with pressing challenges. India is hosting a series of events and meetings ahead of the G20 summit later this year. "India's G20 Presidency priorities are inclusive and pragmatic, with broad areas of substantive deliberations comprising inclusive

India will try to forge consensus on roadmap to regulate crypto at G20: DEA

Amidst turmoil in crypto currencies market, India is working with the Financial Stability Board (FSB) so that a consensus on a roadmap for regulating virtual assets could be agreed at during India's G-20 presidency itself, Economic Affairs Secretary Ajay Seth said on Thursday. India as assumed G-20 presidency for 2023. The G20 is a premier forum for international economic cooperation that plays an important role in global economic governance. In an interview to PTI, Seth said that an IMF paper on crypto assets was discussed among emerging economies on January 15 and 16 in Delhi. "We had a one-and-a-half day workshop. Thereafter, they are drafting a paper for a seminar, which will be conducted on the sidelines of G20 Finance Ministers and Central Bank Governors meeting in Bengaluru that is scheduled on February 23," he said. That seminar is intended at arriving at a policy consensus on crypto assets, he said. At the same time, he said, "We are also working with the FSB and the idea

UNDP administrator Achim Steiner highlights India's G20 presidency

Speaking at the UN, Steiner said that he will be travelling to India in a couple of weeks to attend the G20 Finance Central Bank Governors meeting

Education key driver for development, says Minister Murugan at G20 EdnWG

Education is the key driver for development, and a critical enabler for people's empowerment, Union Minister of State for Information and Broadcasting L Murugan said on Wednesday. Education should keep pace with the changes driving the world today, he said. Owing to rapid transformation in recent years, what is needed is an education system that equips people, especially the more vulnerable ones, with knowledge, skills, values and attitudes required for productive and responsible lives, Murugan said. "Every country in the world has evolved its own strategies for fulfilling this need. India launched its National Education Policy in 2020, under which many initiatives have been rolled out for making education more inclusive, accessible, affordable, relevant to emerging needs and of high quality," he said in his opening remarks at the G20 Education Working Group meeting here. Some of these include addressing issues of early childhood care and education, preventing school dropout, ...

G20 two-day meet: Participants discuss debt, multilateral development banks

A two-day meeting of the G20 International Financial Architecture Working Group concluded here on Tuesday with participants discussing issues pertaining to strengthening multilateral development banks and how to address challenges associated with debt. Around 100 delegates from the G20 countries, invitee countries and international organisations participated in the meeting, Anu P Mathai, adviser, the Ministry of Finance, said while addressing the media here. The discussions during the two-day meeting were jointly steered by the ministry of finance and the Reserve Bank of India along with France and Korea who are the co-chairs of the International Financial Architecture Working Group. Matahi said the meeting was conducted over two days and the aim was to seek views of the G20 member countries and the invitee countries on the agenda of this group under the Indian presidency. "The subjects that were discussed over the last two days were how to strengthen multilateral development banks

Developed world hasn't acted on 2009 climate pledge: G-20 Sherpa Kant

India will be seeking to restructure multilateral financial institutions like the International Monetary Fund and World Bank which are out of sync with present-day challenges, a top official said on Monday. These Bretton Woods bodies were created after the World Bank, and are largely focused on the direct lending which was necessary in the post-second world war period, India's G-20 Sherpa, Amitabh Kant, said. He said 15x more resources can be ploughed in to fight various developmental challenges like education and health and achieve sustainable development goals by using innovative financial instruments like blended finance, credit enhancement and first loss guarantees. So you will need a restructuring of the multilateral financial institutions over a long period of time. And that is critical for the world. I mean, a lot of these are things which are doable within this year's presidency, Kant said during an Asia Society event here late this evening. Earlier in the day, Kant had sai

Guru of globalisation

The Presidency of G20 should be used by India to argue for globalisation and a rules-based global economic order

India undeniably a global powerhouse, says South Korea at G20 meet

South Korea on Monday said India is undeniably a global powerhouse and that the Indian presidency of G20 will unleash its potential and pay heed to insights and feedback from members and contribute to the international community. The statement came from a representative of South Korea who was speaking at the inaugural ceremony of the two-day G20 International Financial Architecture Working Group meeting here. The discussions during the meeting will be jointly steered by Ministry of Finance and Reserve Bank of India along with France and South Korea who are co-chairs of the International Financial Architecture Working Group. The impression of this country is that India is undeniably a global powerhouse that not only is a hard power evidenced by economic scales and population but also a soft power equipped with well-known films, cuisines, history and renowned figures, Byungsik Jung, the representative of South Korea said at the inauguration. He also exuded confidence about the succe

UNGA president meets Amitabh Kant, says G20 a platform to exchange ideas

United Nations General Assembly President Csaba Korosi met G20 Sherpa Amitabh Kant, saying that G20 provides an important platform to exchange ideas and solutions.Taking to Twitter, Korosi said, "G20 provides an important platform to exchange ideas & much-needed solutions. Good to meet again with @g20org Sherpa @amitabhk87 & team to discuss measures/solutions devised under 's leadership of the group to support transformation."Kant tweeted that they held a fascinating discussion on the geopolitical scenario, multilateralism, and global supply chains at the working dinner, which was hosted by Union Petroleum and Natural Gas Minister Hardeep Singh Puri and Deputy Executive Director UN Women, Lakshmi M Puri.On Sunday, Korosi arrived in India for a three-day visit. Ministry of External Affairs Official spokesperson Arindam Bagchi in a tweet on Sunday said that Korosi's visit is an opportunity to exchange views on global challenges that the United Nations is currently seized ...

G20 International Financial Architecture Working Group meeting on Monday

The first G20 International Financial Architecture Working Group meeting will start on Monday, where participants will discuss ways to enhance stability and cohesion of the global financial architecture and how to make it fit to address the global challenges of the 21st century. The meeting will also focus on exploring ways to provide maximum support to poor and vulnerable countries, Anu P Mathai, economic advisor, department of Economic Affairs, told the media here on Sunday. Around 100 delegates from the G20 countries, invitee countries and international organisations will be participating in the two-day meeting. Union Minister of Agriculture and Farmers Welfare Narendra Singh Tomar and Minister of Food Processing Industries Pashupati Kumar Paras will inaugurate it, she said. Discussions during the meeting will be jointly steered by the ministry of finance and the Reserve Bank of India along with France and Korea who are the co-chairs of the International Financial Architecture .

Hosting G-20 important opportunity for India to be Vishwa Guru: Delhi LG

Delhi LG V K Saxena on Thursday said this year is very special as India is chairing the G-20 summit, which is an important opportunity for taking the country towards becoming the 'Vishwa Guru'. During his Republic Day speech, Saxena said the Delhi government is taking steps to improve the health and education infrastructure. "This year is very special for us. India is chairing the G-20 summit and its events will be held in Delhi. It is the responsibility of all of us that during this time all the guests should see the best face of India and its capital New Delhi," he said. "All government units and the people of Delhi have to make joint efforts for this. In the direction of becoming the 'Vishwa Guru', this is an important opportunity for us, and we should go ahead and take advantage of it." The LG also thanked the freedom fighters for their role in India's independence struggle, paid tributes to paramilitary personnel and soldiers who have laid down their lives for the nation, and

India-made 4G, 5G technology stacks may go global during G20 meet

The plan remains a proposal at the moment, dependant on key developments in telecom space in 2023

Meghalaya to host G20 nations' meet on space in April, governor BD Mishra

Meghalaya Governor BD Mishra on Thursday said the state will be hosting a meeting of the G20 nations in April to discuss how space partnerships can contribute to the economy of the countries. India has decided to host around 200 G20 meetings across the country during its yearlong Presidency of the influential group. India assumed the Presidency of the G20 for one year from December 1, 2022. As part of the G20 programme, Shillong will be hosting the Space-20 program on April 17-18, Mishra said, addressing the Republic Day parade at the Polo Ground here. He said the programme here would be in continuation of the Space Economy Leaders Meeting held by the National Space Agencies of the G20 countries in 2020. The governor said the meeting was initiated to make space economy a formal agenda item of G20 summits to discuss how space partnerships can contribute to the growth of the economy of the G20 nations. The G20 or Group of 20 is an intergovernmental forum of the world's major develop

Singapore will strongly support India's G20 priorities: Trade minister Gan

Singapore will strongly support India's G20 priorities in today's uncertain global landscape against the backdrop of the strained multilateral system, Trade and Industry Minister Gan Kim Yong has said. India assumed the Presidency of the G20 for one year from December 1, 2022, to 30 November 2023. We are confident that under its G20 leadership, India will put forth an agenda that is inclusive, ambitious, action-oriented and decisive. Singapore will lend our strong support to India's G20 priorities, he said at the 74 Republic Day reception hosted by the Indian High Commissioner here on Wednesday. This year India is playing a key role in shaping the global agenda as it assumed the presidency of G20, Gan said, adding that he was glad that such reception was being resumed after the pandemic and reflecting on the progress made in bilateral operations. The G20 or Group of 20 is an intergovernmental forum of the world's major developed and developing economies. It comprises Argentina, ..

Constitution withstood test of time: President Murmu ahead of Republic Day

The government did not overlook low-income groups, said Droupadi Murmu, President of India

G20 ideal platform to discuss global warming, climate change, says Murmu

G20 is an ideal platform to discuss and find solutions to "most pressing" problems such as global warming and climate change which affect the poor most, President Droupadi Murmu said in her maiden address to the nation on the eve of Republic Day. The President said after a series of initiatives in recent years to transform all aspects of governance and unleash the creative energies of people, the world has started to look at India with a new sense of respect. "Our interventions in various world forums have started making a positive difference. The respect that India has earned on the world stage has resulted in new opportunities as well as responsibilities," she said. President Murmu said India holds the Group of 20 (G20) presidency this year, which is an opportunity to promote democracy and multilateralism and the right forum for shaping a better world and a better future. "Under India's leadership, I am sure, G20 will be able to further enhance its efforts to build a more equitab

Delhi govt urges Centre to send 'funds' to bankroll G20 preparations

Ahead of the G20 Summit in September this year, the Delhi government has demanded that the Centre give funds to the Municipal Corporation of Delhi (MCD) to carry out works as part of preparations. "The Centre gives funds to local bodies and municipal corporations... There is a formula for it, funds are allocated to municipal corporations according to the population. "We have been demanding funds for the municipal corporation for six years. Delhi is the national capital, the G20 Summit is coming up. A large number of events will be held here and a lot of people will come. So, it is the Centre's duty to give funds to the municipal corporation," he said. He also demanded that the Centre increase goods and service tax (GST) compensation for Delhi. As part of the implementation of the new tax regime, the Centre compensates the states and Union Territories (UT) with a Legislative Assembly for any loss in revenue. According to a Finance Ministry statement, Maharashtra got a GST compensat

Kerala Guv questions BBC documentary's timing when India assumed presidency

Kerala Governor Arif Mohammed Khan on Wednesday questioned the timing of the release of the controversial BBC documentary -- "India: The Modi Question" -- saying it came at a time when India assumed the presidency of the G20. Khan, speaking to reporters here, also said that he is surprised that people are attaching more importance to the opinion of a foreign documentary maker, "that too our colonial masters", than the verdict of the highest court of the land. "So many judicial verdicts, including that of the highest court of the land, the timing, all these things have to be taken into consideration. This is a time when India has assumed the G20 presidency. "Why has this particular time been chosen to bring out this scurrilous material? You cannot ignore these things and particularly when it is coming from a source who ruled over us for over 200 years," the Governor said. He said the intent behind the release of the documentary was to "make India fall into pieces". Khan further sai

Kerala Guv questions timing of BBC doc when India assumed G20 presidency

Kerala Governor Arif Mohammed Khan on Wednesday questioned the timing of the release of the controversial BBC documentary -- "India: The Modi Question" -- saying it came at a time when India assumed the presidency of the G20. Khan, speaking to reporters here, also said that he is surprised that people are attaching more importance to the opinion of a foreign documentary maker, "that too our colonial masters", than the verdict of the highest court of the land. "So many judicial verdicts, including that of the highest court of the land, the timing, all these things have to be taken into consideration. This is a time when India has assumed the G20 presidency. "Why has this particular time been chosen to bring out this scurrilous material? You cannot ignore these things and particularly when it is coming from a source who ruled over us for over 200 years," the Governor said.