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

China Welcomes Modi’s ‘Positive Remarks’ on Ties

PM Modi emphasised that cooperation between India and China is essential for global stability and prosperity, advocating for healthy competition rather than conflict….reports Asian Lite News China on Monday said it “appreciates”

Pakistan Sticks to April 1 Deportation Plan

Over 800,000 ACC-holding Afghans face uncertainty as Pakistan rejects Kabul’s request to delay deportations….reports Asian Lite News Pakistan has firmly rejected the Afghan Taliban’s request to extend the deadline for deporting Afghan

Sunita Williams to Land Back on Earth Tomorrow

The duo has been on the ISS since June after their Boeing Starliner, on its maiden crewed flight, suffered propulsion issues and was deemed unfit for return….reports Asian Lite News After spending
Go toTop

Don't Miss

G20 Presidency to showcase India’s ‘full diversity’: Jaishankar

FM Jaishankar was addressing the G20 Festival of Thinkers Summit

UAE@G20: New Strategic Ally

The country also attended all Sherba and working group meetings,