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Second G20 EWG meeting to begin in Guwahati

The three areas include Addressing Global Skill Gaps, Gig and Platform Economy, and Social Protection, Sustainable Financing of Social Protection…reports Asian Lite News

The Second Employment Working Group (EWG) Meeting under India’s G20 Presidency started in Guwahati on Monday.

The three-day event which will continue till April 5 has seen a gathering of over 19 G20 member countries, seven guest countries and five International Organisations. The inaugural session of the Second Employment Working Group (EWG) meeting under the aegis of India’s G20 presidency was held in Guwahati today.

Union MoS for Labour and Employment Rameswar Teli, Assam Minister Chandra Mohan Patowary, and delegates of G20 were present in the inaugural session of the 2nd Employment Working Group (EWG) meeting.

The delegates will deliberate on labour, employment and social issues for strong, sustainable, balanced, and job-rich growth for all.

Ministry of Labour and Employment (MoLE), Government of India is the nodal ministry for the Employment Working Group under the Indian presidency of G20.

The G20 EWG’s second meeting is a crucial step towards building consensus on the outcomes of the three key priority areas for EWG 2023 under the Indian Presidency.

The three areas include Addressing Global Skill Gaps, Gig and Platform Economy, and Social Protection, Sustainable Financing of Social Protection.

The first day of the meeting comprised sessions focused on different priority areas such as by the Education Working Group, Digital Economy Working Group, Finance Track, G20 Entrepreneurship Research Centre, and the L20 and B20 Chairs.

During the 2nd EWG, a discussion will take place on Ministerial Communique and the outcome documents to arrive at a consensus.

The communique is key to defining the future direction of the global economy through its eventual implementation in the G20 nations.

The three-day meeting of G20 EWG will also comprise events showcasing the cultural heritage of Assam. (ANI)

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Second G20 Framework Working Group meeting concludes

Around 87 delegates from G20 member countries, invitees, and international organisations attended the meeting…reports Asian Lite News

The two-day Second G20 Framework Working Group meeting concluded here on Saturday with members agreeing on the way forward for important deliverables for the year, including those on macroeconomic consequences of food and energy insecurity and climate changes and transition pathways.

The meeting under the Indian G20 Presidency was co-chaired by the Chief Economic Adviser, V. Anantha Nageswaran, and Clare Lombardelli, Chief Economic Adviser, UK Treasury.

Around 87 delegates from G20 member countries, invitees, and international organisations attended the meeting.

The Framework Working Group focuses on global macroeconomic issues and deliberates on how policy cooperation can be enhanced to achieve strong, sustainable, balanced, and inclusive growth (SSBIG).

The agenda for the meeting involved discussions on the global economic outlook and risks with a particular emphasis placed on inflation, macroeconomic implications of food and energy insecurity, climate change, and transition policies.

In addition, several international organisations, including WBG, IMF, FAO, IEA, NGFS and OECD, made detailed technical presentations on these issues to inform the Framework Working Group outcomes.

The discussion on the global economic outlook and risks emphasised the need to continue efforts to manage global inflation and remain vigilant to emerging financial risks.

Members also deliberated on how food and energy prices remain elevated in many economies, disproportionately affecting vulnerable countries.

The discussions also highlighted the difficult trade-offs countries face as they balance short-term energy security with long-term structural reforms for the transition to cleaner energy.

Ensuring the availability and accessibility of critical minerals to facilitate a smoother transition as well as generating domestic savings to meet investment needs and thus boost economic growth for the transition were also issues that came up for discussion.

Earlier, speaking to the media, Nageswaran said the decisions of the Framework Working Group is only recommendatory.

On the sidelines, a panel discussion on the “Macroeconomic Impacts of Climate Change and Transition pathways” was also organised in collaboration with UAE.

The session aimed to develop a collective understanding of the challenges facing countries during the climate transition and initiate a discussion on the macroeconomics around climate policy action and transition pathways.

ALSO READ-G20 event witnesses participation of 56 foreign delegates

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Modi chairs meeting of council of ministers

In the last round of the meeting, an open house session was held in which many ministers also presented their suggestions to the Prime Minister on the issue of improving the functioning of the government…reports Asian Lite News.

A meeting of the Council of Ministers was held on Tuesday under the chairmanship of Prime Minister Narendra Modi. In this crucial meeting, Modi reviewed the progress report of many projects.

According to sources, in Tuesday’s meeting, Union Commerce, Consumer and Food and Supplies Minister Piyush Goyal and Union Jal Shakti Minister Gajendra Singh Shekhawat provided information about various projects and also came up with a presentation in the meeting regarding their implementation. The Prime Minister also gave several instructions regarding these projects.

In the last round of the meeting, an open house session was held in which many ministers also presented their suggestions to the Prime Minister on the issue of improving the functioning of the government.

Since coming to power, the Prime Minister keeps holding meetings of the Council of Ministers in this way at regular intervals apart from the cabinet meetings. Only cabinet ministers are involved in cabinet meetings and they are called only if any matter related to the ministry of a minister is included in the agenda of the meeting. But the meeting of the Council of Ministers consists of ministers of all three levels (cabinet ministers, ministers of state – independent charge and ministers of state).

The meet is termed as ‘Chintan Shivir’ in which the junior and new ministers learn the style of work from senior and seasoned ministers and they also get the guidance of the Prime Minister.

This was the fourth time since the reshuffle of the Union Cabinet on July 7 when the Prime Minister had called a meeting of the Council of Ministers. In the last meeting, Union Health Minister Mansukh Mandaviya and Education Minister Dharmendra Pradhan gave a presentation.

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