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TNPSC Current affairs March 2017 29 for group 1 & group 2 mains

TNPSC Current Affairs March 2017

Government of India and RBI host G-20 Framework Working Group (FWG) in Varanasi 

     
 Government of India nad RBI host the 3rd meeting of G-20 Framework working group (FWG) at Varanasi Uttar Pradesh to discuss the Current State of the Global Economy as well as G-20 agenda on Inclusive Growth and Reports on Strong, Sustainable and Balanced Growth & G-20 Enhanced Structural Reform Agenda among others.

About FWG:
  • FWG is one of the core working group of G-20 which deliberates  on matters related to global economy and on the policy co-ordination that is required between the major economies  to face global economic challenges
  • India was co-chaired 3rd meeting of G-20 Framework Working Group with Canada.
  • The 4th meetin of G-20 FWG meetin will be  held under German Presidency in Buenos Aires, Argentina

About G 20

G20 is the international forum which brings together the world's leading  and emerging economies. It was formed in 1990 to give developing countries a powerful voice in forming the global economy.G-20 accounts for world's 85 % of GDP  and 2/3rd of its population.

The members Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the European Union.

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