G-20 must focus on job creation, infra investment to stimulate global growth: PM
September 04, 2013  12:20
Calling for an orderly exit from unconventional monetary policies pursued by the developed world to avoid the damaging growth prospects of developing nations, Prime Minister Dr. Manmohan Singh on Wednesday said the Group of Twenty (G-20) should focus on job creation and promote investment in infrastructure to stimulate global growth.

In his departure statement issued before leaving New Delhi for St. Petersburg to attend the 8th G-20 summit on the invitation of President Vladimir Putin, Dr Singh said: "It is also important that G-20 encourages and promotes policy coordination among major economies in a manner that provides for a broad-based and sustained global economic recovery and growth.

India has been an active participant in this endeavour as co-Chair of the Working Group on the "Framework for Strong, Sustainable and Balanced Growth".
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