1st Meeting Of G20 IWC Under India's G20 Presidency Begins

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1st Meeting Of G20 IWC Under India’s G20 Presidency Begins In Pune

| Updated: January 16, 2023 17:33

The first meeting of the G20 Infrastructure Working Group(IWG) was inaugurated today in Pune in the presence of Union minister for MSME Narayan Rane. He welcomed G20 delegates to Pune and opened the first session of the meeting. He said the Government under the leadership of Prime Minister Narendra Modi is trying to make India the fifth largest economy in the world and G20 conference being held in Pune is very important in terms of economic progress of the country.

  • G20 IWC Under India's G20 Presidency Begins In Pune

A total of 65 delegates will join the meeting from IWG member countries, guest nations and international organizations invited by India to discuss the 2023 Infrastructure Agenda under India’s G20 presidency, the official statement said. 

The two-day IWG meeting will be held by the Department of Economic Affairs, Ministry of Finance, and Government of India with Australia and Brazil as co-chairs, the release said. It added that “The G20 Infrastructure Working Group deliberates on various aspects of infrastructure investments, including developing infrastructure as an asset class, promoting quality infrastructure investment and identifying innovative instruments for mobilizing financial resources for infrastructure investment.” 

Over the years, the Infrastructure Working Group has been focusing  on key themes of infrastructure development such as building infrastructure as an asset class, promoting quality infrastructure investment (QII) indicators, infratech agenda, among others. 

The theme ‘One Earth, One Family, One Future’ sets the tone for the 2023 Infrastructure Agenda as it underlines the message of equitable growth and aptly ties up with the central agenda of the discussions, which is building resilient, inclusive, and sustainable urban infrastructure.

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