February 27, 2023
1 min read

Derisking global economy a key concern of G20, says Jaishankar

He further said there would be 15 ministerial-level meetings of G20 this year besides the President and Prime Minister-level conclaves in September…reports Asian Lite News

The major concern of G20 would be to find ways of derisking the global economy, External Affairs Minister S. Jaishankar said on Sunday.

Delivering a talk here on India’s year-long G20 Presidency, Mr. Jaishankar said the Prime Minister Narendra Modi-led NDA government has tried to cushion the consumers as much as possible from petrol price increases and taken measures to keep inflation down.

“Today, the world has learnt a lesson that security means not only physical security, not only economic security. It also means health security, food security. So, today we have to find a way of derisking the global economy, the way we would derisk a sector, the way we would derisk a business. That is a very major debate and I would say a very major concern of what the G20 would be looking at,” he said.

He further said there would be 15 ministerial-level meetings of G20 this year besides the President and Prime Minister-level conclaves in September.

The COVID-19 pandemic has today left a very deep psychological scar in the world and there is a deep sense of anger that the developed countries looked after themselves during the outbreak, the Union minister asserted.

Barring India, very few countries have made efforts to think about the rest of the world, Jaishankar added.

ALSO READ-‘India will become $40-trillion economy by 2047’

Previous Story

Scholz praises India’s G20 presidency

Next Story

‘G20 destabilized by West and used against Russia’

Latest from -Top News

Turkey’s Jet Roars, West Watches

It is visible that Turkey is intentionally reducing reliance on U.S. and Western military imports, especially F-16s and the failed F-35 partnership, to achieve strategic independence….writes Ankit V In 2016, Ankara announced

‘Op Sindoor’ Team Wraps Up Saudi Visit

The visit reaffirmed the shared commitment of India and Saudi Arabia in the fight against terrorism….reports Asian Lite News Riyadh, May 30 (IANS) The Indian all-party delegation, led by BJP MP Baijayant

Visa Interview Pause Nearing End, Says US

India is the source country for the largest group of international students in the US and Bruce’s comments will be closely followed there….reports Asian Lite News The United States said the pause

No Talks Till Terror Ends: India to Pakistan

The MEA’s strong response came at a time when Pakistan, pushed on the backfoot by India’s decisive Operation Sindoor, has suddenly started talking about its intent on having peace talks with India….reports

BNP ramps up poll demand

Chief Adviser Yunus had earlier promised elections in December 2025, but the timeline has since been pushed back first to February 2026 and then to June 2026, fuelling suspicion and dissatisfaction among
Go toTop

Don't Miss

Traditional medicine focus of G20 health ministers meet

WHO Director-General Tedros Adhanom Ghebreyesus will be at the summit

Modi to attend key sessions at G20 summit 

US President Joe Biden, British Prime Minister Rishi Sunak, Chinese