India to facilitate constructive dialogue for prosperous world, says Paras
India is developing rapidly with science and innovation as both of them are deeply connected with the future of country, and has leveraged technology to create the digital public infrastructure, says Minister of Agriculture and Farmers Welfare Narendra Singh Tomar.
Addressing the two-day meeting of the first International Financial Architecture Working Group of G-20, he elaborated, “We have been a significant contributor to financial inclusion in global healthcare and the move to sustainable energy while people-centric development is the basis of our national strategy.”
Today the world is facing many complex challenges, which are deeply interlinked and are not defined by boundaries alone, he told the working group meeting in Chandigarh on 30 Jan 2023.
The challenges being faced are global in nature and require global solutions, therefore the world community today needs to push more towards globally coordinated policies and actions.
There is also a need for a renewed faith in multilateralism, Tomar added.
“Our nation, that is fully committed to democracy and multilateralism, is poised to demonstrate not only multidimensional development but is also ready to display universally recognized power.
“It is not surprising that India was described as a beacon in a fragile world at the recently held World Economic Forum meeting and India’s commitment to climate goals and return to the post-Covid development path has been lauded by one and all.”
“We will be happy to share our template of the development model, and we look forward to learning from all.
“Through our priorities and outcomes this year, through deliberations, we aim to find practical global solutions.
“In doing so, we also take a keen interest in amplifying the voice of the developing countries. We cannot leave anyone behind now. Through our inclusive, ambitious, action-oriented and decisive agenda of the G-20, we aim to express the true spirit of our goal,” he said.
Minister of Food Processing Industries Pashupati Kumar Paras added at the Chandigarh meeting that India’s effort is to facilitate constructive dialogue, create, share knowledge and share the collective aspiration for a secure, peaceful and prosperous world. “We have to work together in the direction.”
“During India’s presidency of the G-20, it is our responsibility to advance progress and ensure that the international financial architecture today is well equipped to meet the acute challenges and provide maximum support to vulnerable groups.
“This working group is committed to meeting these challenges and in order to enhance their contribution to development financing towards meeting the development goals, this group may explore options to strengthen these organizations.
“It is imperative to urgently identify such systems that enable the financial assistance provided by international financial institutions is effectively responsive to the needs. This is important for the low income and developing countries, as they are the major beneficiaries of these resources.
“Countries most affected by rising debt, again are the low-income countries and most are the middle-income countries,” stressed Paras. fiinews.com
