The third meeting of the G20 Framework Working Group concluded on 29 March 2017 in Varanasi, UP.
The meet saw discussions on the current global economic conjecture as well as deliberations on the policy options that countries can pursue to counter the challenges.
The focus of the meeting was to deliberate on the inclusive growth agenda of the G20 and formulation of a framework for country specific inclusive growth policies.
In the two-day meeting, officials from more than 30 countries discussed the growth strategy to raise the world GDP by 2 per cent till 2018.
Since the inception of the Framework Working Group in 2009, this is the fourth occasion India is hosting this meeting.
The meeting was co-hosted by the Union Ministry of Finance and the Reserve Bank of India (RBI).
G20 group is helping India to enhance the production from the manufacturing capacity to INR 2 lakh crore under the Make In India initiative.
G20: Know More- The G20 (or G-20 or Group of Twenty) is an international forum for 20 governments.
- It also covers central bank governors from 20 major economies.
- It was founded in 1999 with the aim of studying, reviewing, and promoting high-level discussion of policy issues.
- It is concerned with the promotion of international financial stability.
