Derisking Global Economy A Key Concern Of G20: EAM Jaishankar

The major concern of G20 would be to find ways of derisking the global economy, External Affairs Minister S Jaishankar said on Sunday.
     
Delivering a talk here on India's year-long G20 Presidency, Jaishankar said the Prime Minister Narendra Modi-led NDA government has tried to cushion the consumers as much as possible from petrol price increases and taken measures to keep inflation down.
     
"Today, the world has learnt a lesson that security means not only physical security, not only economic security. It also means health security and food security. So, today we have to find a way of derisking the global economy, the way we would derisk a sector, the way we would derisk a business. That is a very major debate and I would say a very major concern of what the G20 would be looking at," he said.
     
He further said there would be 15 ministerial-level meetings of G20 this year besides the President and Prime Minister-level conclaves in September.
     
The Covid-19 pandemic has today left a very deep psychological scar in the world and there is a deep sense of anger that the developed countries looked after themselves during the outbreak, the Union minister asserted.
     
Barring India, very few countries have made e�🦩�fforts to think about the rest of the world, Jaishanka added.