PM addresses G20 Labour and Employment Ministers’ Meet

PM addresses G20 Labour and Employment Ministers’ Meet

• The Prime Minister, Shri Narendra Modi addressed the G20 Labour and Employment Ministers Meet in Indore, Madhya Pradesh via video message.

• Underlining that employment is one of the most important economic and social factors, the Prime Minister said that the world is at the threshold of some of the greatest changes in the employment sector and stressed the need to prepare responsive and effective strategies to address these rapid transitions.

•  In this era of the Fourth Industrial Revolution, the Prime Minister said, technology has become and will remain the core driver for employment. India’s capability in creating countless technology jobs during the last such technology-led transformation and also touched upon the host city Indore which is home to many startups leading the new wave of such transformations.

• The Prime Minister pointed out that even though providing social protection to people is a key aspect of the 2030 Agenda, the current framework adopted by international organizations only accounts for benefits that are structured in certain narrow ways while several benefits provided in other forms are not covered under this framework. Shri Modi underlined that in order to grasp the correct picture of social protection coverage in India, benefits like universal public health, food security, insurance and pension programs must be accounted for. He suggested considering the unique economic capacities, strengths and challenges of every country as the one-size-fits-all approach is not suitable for sustainable financing of social protection.

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Published date : 22 Jul 2023 05:54PM