Fourth Infrastructure Working Group meeting organized in Khajuraho, MP

Utkarsh Classes Last Updated 14-03-2024

Fourth Infrastructure Working Group meeting organized in Khajuraho, MP

Summit and Conference 4 min read

The 4th G20 Infrastructure Working Group (IWG) meeting under the Chairmanship of G20 India is being held in Khajuraho, Madhya Pradesh, during September 21-22, 2023.

This is the last meeting of the Infrastructure Working Group under the two-day Indian G20 presidency held in Khajuraho, Madhya Pradesh.

More than 54 representatives of G20 member countries, guest countries, and international organisations invited by India are participating in it.
The meeting was chaired by the Finance Ministry of the Government of India while Australia and Brazil are acting as co-chairs.
The meeting is being discussed to mobilise financial resources for investment towards high-quality, resilient, sustainable and inclusive urban infrastructure.

G20 Infrastructure Working Group (IWG):

Various aspects of infrastructure investment are being discussed in the G20 Infrastructure Working Group.
This includes developing infrastructure as an asset class, promoting quality urban infrastructure, Infratech and identifying innovative tools to mobilise financial resources for investment towards resilient, sustainable and inclusive urban infrastructure.
The outcomes of the Infrastructure Working Group feed into G20 finance, track priorities and promote infrastructure development.

4th IWG Meeting 2023:

The fourth IWG meeting will serve to finalise the priorities of the 2023 Infrastructure Agenda. Various official meetings and cultural programs have been planned for the delegates during the two-day meetings.

Emphasis on increasing private sector investment:

A discussion is also being organised in partnership with the International Finance Corporation on the sidelines of IWG meetings, with representatives from institutions such as the World Bank, OECD, EBRD and ULDP, as well as the public and private sector, on private sector investments in urban infrastructure. Will discuss mechanisms to increase.
It aims to focus on the private sector perspective to address challenges and enable cities to mobilise private and commercial finance.

Foreign guests will see the rich cultural heritage of Khajuraho:

Khajuraho has been beautifully decorated for foreign guests. At this event, delegates from India and abroad will discuss new dimensions, including development issues.
During their stay in Khajuraho, the delegates will visit the famous UNESCO World Heritage Site Western Temple Group, Adivarta Museum and Raneh Waterfalls.

Khajuraho Temple:

Period: 950-1050 AD
Rulers associated with its construction: Built between 950-1050 AD by the Chandela dynasty.
Khajuraho Temples (Madhya Pradesh) are one of the most beautiful medieval monuments in the country.
Monuments include Hindu and Jain temples.
The temple site is located within the Vindhya mountain range.
These temples got the status of UNESCO World Heritage Sites in 1986.
These temples are famous for the symbolism of their Nagar-style architecture.
This temple was first mentioned by Abu Rihan Al Biruni in 1022 AD and by Ibn Battuta in 1335 AD.