September 3, 2013 2:29 PM

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Moscow G-20: Finance and Labour Ministers to meet for first time

For the first time in the G-20 draft action plan meetings, there is a joint meeting of ministers of finance and ministers of labour from G20 member states. Our correspondent Manikant Thakur covering the summit in St.Petersburg in Russia beginning Thursday,reports that while representatives of the heads of member states known as Sherpas are already deliberating on the draft action plan, various issues of mutual concerns affecting growth and development are likely to come up during the summit. Our correspondent reports that in an innovative measure to ensure realistic views on employment opportunities, public officials from different countries will work together. This new approach will help connect macroeconomic and financial policy issues with the tasks of social protection and creation of more jobs, as well as enabling discussion of measures to promote the employment of youth and vulnerable categories of people. The dialogue between all interested parties and countries which are not G20 member states, regional alliances and international organizations, business, trade unions, civil society, youth and expert centres have been taken up to improve transparency. The present chair Russia is likely to come up with a report on the meeting of objectives in promoting development that G20 had previously undertaken

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