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Annual Lecture 2023

Friday, January 13, 2023

Role of Business in G20

Distinguished Speaker: Amitabh Kant, G20 Sherpa, Government of India

Welcome: TS Vishwanath, Director General, Past President, and Founding Member, PAFI

Moderator: Virat Bhatia, Past President & Managing Committee Member, PAFI

Vote of Thanks: Ms Vinita Sethi, Vice President & Secretary, PAFI

Amitabh Kant highlighted that India's G20 Presidency is a defining opportunity amid global crises - economic instability, inflation, geopolitics, energy shortages, debt, conflicts, and post-COVID effects - stressing that every crisis holds vast potential.

He emphasised that India's priorities include: climate action, SDGs, debt relief, and food-energy security via green development, LiFE, and climate finance accountability of the developed nations.

Mr. Kant also underscored the "4Ds"- demographics, digitisation, decarbonization, and de-globalisation -urging Indian businesses to de-monopolise global markets during this G20 window. During the Q&A, he called on PAFI and the public affairs community to champion infrastructure-led growth, boost productive efficiency, and propel Indian firms as global champions.

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Shri Amitabh Kant

G20 Sherpa Government of India

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