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Employment, black money key agenda for PM Modi as he attends G20 Summit today

India TV News Desk 15 Nov 2014, 7:17:37 AM IST
India TV News Desk

Brisbane: Prime Minister Narendra Modi will today attend the 9th G20 Annual summit, where he intends to push for stepping up global cooperation against the key issue of cross border tax avoidance and evasion.

The summit will be of two days starting from today where 20 of the world's developed and emerging economies have gathered.

This year, it is being held in Australia Modi has become the first Indian Prime Minister to visit the country in 28 years since Rajiv Gandhi's last visit in 1986.
The Prime Minister will use the opportunity  to flag India's concerns over "jobless growth" prospects.

Ahead of the summit, Modi felt that focusing on transforming the quality of life of people and not just issues like the health of the financial markets was necessary for creating employment-generating economic growth.

Modi had also said he intends to discuss how G20 can accelerate creation of next generation infrastructure, which also includes digital infrastructure and ensure access to clean and affordable energy.

The G20 includes 19 individual countries -- Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK and the US -- and the European Union (EU).

Collectively, the G20 economies account for around 85 per cent of the world GDP, 80 per cent of world trade and two-thirds of the world population.