(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 10. India's G20 Sherpa
Amitabh Kant on Friday said while there would be a consensus on the
various issues that are being discussed at the forum during New
Delhi's presidency, the country will be putting forth a
developmental agenda, including digital public initiative and the
drive for green hydrogen.
Speaking at the Confederation of India's (CII) southern regional
conference in Chennai, he said the country has been advocating
inclusive resilient growth when one-third of the world is facing
recession, while developed countries wanted to discuss war-related
issues, like food, fuel, and fertilisers.
“We will do everything possible... despite the challenges and the
global tension, we played a key role in Bali and will continue to
do a key role for bringing all countries together. We are ambitious
about the developmental issues and has been inclusive all along,”
he said.
Asked about whether there are still any issues that have to be
ironed out, Kant said only 50% of work has been done and the
remaining half will be completed in another three month. In
September, the stakeholders are converging in Delhi.“Many of the
issues are being discussed in the third and fourth round. We are
happy with the progress achieved so far on all the issues in the
agenda,”he said.
Highlighting the importance of green hydrogen, Kant said India
currently imports $200 billion of fossil fuel. The country can
reduce this import bill by investing in green hydrogen and also be
the biggest producer and exporter of green hydrogen in the coming
years.
He said that while relative shares of the economies of the
developed world to the global output were dwindling , countries
like India, China and African countries have been on a path to
growth because of the young demographies. To take advantage of the
situation, he called on the industries to propel the manufacturing
market which will make products of international standards at
affordable rates which will in turn benefit the country's
economy.
According to him, for higher growth to be achieved, every state
should be champions.“We need 10 to 12 states to grow at 10% plus
to enable other states to also grow. The southern states have to
play a key and critical role as they are the best in competition,”
Kant said.
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