For investment, growth and international outreach opportunities, focus should be on quality, innovation and talent of the people: Piyush Goyal
|
“This is a New India, an India that engages with the world, from a position of strength and with full confidence. We believe in our abilities and capabilities. We can take on any challenge on Earth. That is the India we represent today,” stated Mr Piyush Goyal, Minister of Commerce & Industry, Textiles, Consumer Affairs, Food & Public Distribution, Government of India, while addressing the Opening Plenary Session of the CII Annual Session 2023, held on 24 & 25 May 2023 in New Delhi
Read more
|
|
|
2nd Anti-Corruption Working Group Meeting in Rishikesh
|
The Second meeting of the G20 Anti-corruption Working Group that was inaugurated on May 25, 2023 by Union Minister of State for Defence & Tourism, Mr Ajay Bhatt, concluded on May 27, 2023 in Rishikesh (Tehri). The meeting had wide participation from 90 delegates of 20 member countries, 10 Invitee countries and 9 International Organisations including UNODC, OECD, Egmont Group, INTERPOL and IMF.
It was chaired by Mr Rahul Singh, Additional Secretary, Department of Personnel and Training (DoPT) & Chair, G20 ACWG and co-chaired by Mr Giovanni Tartaglia Polcini, Head of Task Force, Co-chair, G20 ACWG, Italy and Mr Fabrizio Marcelli, Minister Plenipotentiary, Ministry of Foreign Affairs and International Cooperation, Italy.
Read more
|
|
|
3rd Tourism Working Group Meeting in Kashmir
|
The Third Tourism Working Group (TWG) meeting of the G20 grouping of the world’s largest economies concluded in Srinagar on May 24, 2023. Around 60 foreign delegates started the day with a session of yoga against the backdrop of the Zabarwan mountain range before visiting Nishat Garden and Royal Spring Golf Course on the banks of the Dal Lake.
Read more
|
|
|
3rd Environment and Climate Sustainability Working Group (ECSWG), Mumbai
|
The 3rd Environment and Climate Sustainability Working Group (ECSWG) meeting under India’s G20 Presidency concluded in Mumbai on 23 May 2023. The three-day meeting witnessed a participation of 141 delegates from G20 countries and 10 invitee countries. The representatives of 14 international and regional organisations also attended deliberations conducted over the 3 days.
Read more
|
|
|
Industry Ready Workforce: an Urgent Priority
|
 |
Ms Shobana Kamineni, Chair, B20 India Task Force on Future of Work, Skilling & Mobility; Past President, Confederation of Indian Industry and Executive Vice Chairperson, Apollo Hospitals Enterprise Limited |
|
|
The World of Work is undergoing a profound transformation, driven by global trends like technological advancement, post-pandemic economic conditions, demographic changes, migration, and climate action. World Economic Forum estimates that 69 million new jobs will be created by 2027 while 83 million will be eliminated. With the advent of Industry 4.0, the need for developing Industry ready workforce has emerged as an urgent priority.
This year, The B20 Task Force on Future of Work, Skilling, and Mobility has primarily focused its discussions and recommendations around 3 pillars:
Pillar 1: Fostering inclusive and sustainable growth in the transforming world of work
“Work” as we know it is undergoing a major transformation in three spheres – Work, Workplace and Workforce. Creating a bank of 'Future Roles and Skills' through the development of a framework to map new and emerging job roles would enable individuals to choose career paths, acquire relevant skills, and guides organizations in effective talent management. Other essential factors include flexible labour markets, support for the private sector, diverse work arrangements, strengthened worker protection, lifelong learning, multilateral cooperation, advocacy for underserved communities, and effective policies for the growing gig economy.
Pillar 2: Accelerate Workforce Skilling to Adapt to Changing Industry Demand
The digital and green transitions are reshaping the workplace, with AI and automation reducing the demand for manual and basic cognitive skills. There is a critical need for nations to update curricula, develop education-industry linkages and build competencies of teachers. Adopting a skill ontology framework driven approach can also help identify and benchmark current and future skill sets.
Pillar 3: Boost Global Workforce Mobility to Match Skill Demand with Supply
With workforce mobility gaining more significance, initiatives like standardization and skills matching framework can help alleviate the skills mismatch. Multi-prong approach focusing on increasing mobility, that includes removing policy barriers through pathfinder projects, leveraging technology to manage the movement of people and create a more seamless global labour market via Uniform Labour Information Management System (ULIMS) can play a major role.
|
|
|
International Conference on Chemicals & Petrochemicals
|
Chemicals & Petrochemical being one of the fastest growing industries, is instrumental for developing the economy. It finds application in providing building blocks and raw materials for substantial commercial products. Given the sector's significant potential to overall economic development and nation building, G20 members have huge opportunities to increase the capacity and capability for achieving ambitious growth targets.
Read more
|
|
|
The CII Centre for Digital Transformation held the 4th edition of the Conference on Cyber security–DX Secure against the backdrop of B20 India 2023. The theme for this year’s conference was “Innovations in Cybersecurity: Building a Safer Digital Infrastructure.”
Digital technologies are key enablers of sustainable economic growth. The B20 Task Force on Digital Transformation is discussing ways to help countries adopt digitalization. Countries need to address digital marginalization, digital literacy and digital security in order to fully realize the potential of digitalization.
Read more
|
|
|
“India is currently going through a demographic dividend, and we are working towards optimum utilization of the same. The government has gone one step further to enhance good governance through socio-economic technology and introduced ease of doing business and ease of living in India.”
|
— Mr Rajnath Singh, Hon’ble Defence Minister at the CII Annual Session 2023
|
“The Climate emergency does not have boundaries, it impacts the whole world. This is encapsulated by the credo India has set during its presidency of G20- One World, One Family, One Future. This calls for all of us to come together to foster greater collaboration and enable greater access to technology and finance to make sure that the whole world can collectively progress in this important area.”
|
— Mr Frans Timmermans, Executive Vice President, European Commission, at the CII Annual Session 2023.
|
“G20 countries must consider collaborative R&D and manufacturing networks that complement existing efforts and strengthen local capacities. This is a great opportunity for G20 members to work together to consolidate ourselves as leading manufacturing hub with a focus on sustainability.”
|
— Dr. Mansukh Mandaviya, Hon’ble Minister for Chemicals & Fertilizers, and Minister for Health and Family Welfare, Government of India at the International Conference on Chemicals and Petrochemicals
|
“It is imperative for Government and Industry leaders to take G20 & B20 as an opportunity to look beyond the current partnerships and chart a strategic road ahead for the Indian Chemicals and Petrochemicals sector.”
|
— Mr Bhagwanth Khuba, Minister of State for Chemicals & Fertilizers, and New and Renewable Energy, Government of India at the International Conference on Chemicals and Petrochemicals
|
“This is an incredibly important moment for India under the leadership of Hon’ble Prime Minister. The G20 Presidency will contribute positively to a very fractured and fragmented world.”
|
— Mr Borge Brende, President, WEF at the CII Annual Session 2023.
|
|
|
Confederation of Indian Industry
The Mantosh Sondhi Centre,
23, Institutional Area, Lodi Road, New Delhi 110003, India
T: 91-11-45771000 / 24629994-7 • F: 91-11-24626149 • E: info@cii.in
|
|
|
|
