Category : Summits
The G-20 Summit 2018 was held in Buenos Aires, Argentina. G-20 is a grouping of the world’s 20 major economies. This year, the theme of the summit was ‘Building Consensus for Fair and Sustainable Development’. |
Following are the important agenda discussed during the summit: |
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(i) PMJDY: Pradhan Mantri Jan Dhan Yojana is a financial inclusion programme that aims at expanding and making affordable access to financial services to the last man in the row. Since its launch on August 15, 2014 till June 27, 2018, over 31 crore bank accounts were opened and over Rs. 7,92,00 crore were deposited under the scheme. (ii) MUDRA: It stands for Micro Units Development and Refinance Agency, is a financial institution set up in 2016 for development and refinancing micro units enterprises. It provides funding to the non-corporate small business sector through various last mile financial institutions like banks, non banking financial companies (NBFCs) and Micro Finance Institutions (MFIs). (iii). Start-up India: Launched in January 16, 2016, the Startup India is an initiative of the Indian government to promote startups, generate employment and create wealth. |
Source: The Hindu Business Line |
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