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G20: Modi discusses economy, terrorism, fugitive economic offenders

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Buenos Aires, Dec 2 (IANS) Prime Minister Narendra Modi stressed on cooperation among G20 countries on issues related to global economy, trade tensions, crude oil prices and terrorism and fugitive economic offenders, India’s G20 sherpa has said.

Addressing the media here, Shaktikanta Das on Saturday said the current challenges being faced by the global economy, especially emerging economy space, were highlighted by Modi at the G20 Summit.

“He highlighted the threat of increasing financial vulnerabilities, mainly arising from monetary policies of advanced economies and oil price volatility,” Das said.

“The Prime Minister also emphasized on unsynchronized policies of advanced economies and the uneven pace of revival of economies of various countries.”

Modi stressed on escalating trade tensions and its resultant and collateral damages it caused to the least developed countries and other emerging economies, he added.

As regards the way forward, Modi emphasized on the need for pro-active and reformed multilateralism.

“He (Modi) talked about various multilateral institutions and stressed there is need to adopt policies of pro-active and reformed multilateralism, basically to activate various multilateral channels, whether it is the IMF (International Monetary Fund), the FATF (Financial Action Task Force) or other multilateral channels and, of course, the UN and last but not the least, G20,” Das said.

Modi highlighted that any instability in the crude oil prices put big pressure on the budgetary resources and domestic finances of the emerging economies.

He also appealed for reforming the World Trade Organisation (WTO) and sought dialogue on trade and service in promoting global value chain in the agricultural sector, Das said.

The Prime Minister wanted countries to “immediately” join the automatic exchange of information.

“He highlighted the efforts taken in regards to harnessing transformative technologies, that is robotics, data analytic, education technology, Fin-tech (Financial Technology). He talked about democratization of the technologies at the international level for global good.”

Presenting a nine-point action programme against fugitive economic offenders at the second session of the G20 Summit on Friday, Modi said there was a need for a joint effort by member countries to form a mechanism that denies entry and safe havens to all fugitive economic offenders.

India is pressing for the extradition of high-profile fugitive economic offenders including Nirav Modi, Mehul Choksi and Vijay Mallya among others.

The Prime Minister stressed it was time to fully implement and operationalise various aspects of 11-point agenda against terrorism adopted in Hamburg in 2017.

He also called upon countries to join the international solar alliance and spoke about global coalition on disaster resilient infrastructure, Das said.

Modi said India will host the G20 Summit in 2022, the year New Delhi celebrates its 75th Independence Day.

–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma

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World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.

Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.

During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.

On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”

Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.

It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.

Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.

Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”

On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”

The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.

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