B20 Summit

• 26 Aug 2023

On 25^th August, India’s Finance Minister participated in the three-day B20 Summit held in Delhi, along with the External Affairs Minister and Education Minister.

• The B20 Summit serves as the official G20 dialogue platform for the worldwide business community.
• With its establishment in 2010, it has maintained its significance as a prominent engagement group within the G20 framework.

Key Points:

• Insights on Private Investment and Economic Performance: During her address, Finance Minister discussed crucial topics including private investment, the global standing of the Indian economy, and the necessity of managing inflation while fostering investment.
• Union Minister's Perspective on MSMEs: Union Minister Piyush Goyal, in his B20 address, acclaimed Micro, Small, and Medium Enterprises (MSMEs) as integral to the economy. He highlighted their substantial contribution to economic activities.
• Organizer and Scale of the Summit: The B20 Summit is being organized by the Confederation of Indian Industry (CII), serving as the B20 India Secretariat.