G-20 News

Union finance minister urges Karnataka to brand image at G-20 meetings

Union Finance Minister Nirmala Sitharaman said Thursday that most G-20 meetings will be held next year in several destinations across the country, including those in Karnataka, and called on the state to build its brand image and identify its products, which can be highlighted. She also called on chambers of commerce to work with these industries, especially small and medium-sized ones, and those working especially in traditional Karnataka handicrafts and products, so that they are highlighted and the benefits of the arrival of the G-20 in the state are fully harvested.

“Next year, India will hold the G-20 Presidency. The 20 countries and multilateral institutions invited to participate will travel across the country. Prime Minister says G-20 meetings will not be held than in Delhi, most of them will take place outside of Delhi, and there are several destinations in Karnataka where the meetings will take place,” Sitharaman said.

She said, “I sincerely hope and wish, and I will certainly do my part to brand Karnataka, to identify those products, which can really be branded and showcased at G-20 meetings. will immediately capture the attention of senior management as they travel across the country over the next year.”

The Finance Minister, member of Rajya Sabha of Karnataka, was here addressing the 105th Annual General Meeting of the Federation of Karnataka Chambers of Commerce and Industry (FKCCI).

Noting that next year is “the year of millets” and that Karnataka is the country’s main producer of millets, Sitharaman, while highlighting his transformation, said millet is now “welfare gold “, all over the world there is a market for it.

“All over the world there is a market for this. India is the biggest producer and the third biggest exporter of millet, but the value addition is what is going to be important,” she said, while observing that there is a need for many millets. startups to seek innovative ways to do so.

People who are facilitators in business, such as chartered accountants, tax advisers, chambers of commerce, should identify the ways in which these startups can benefit and add value in the transformation of millet, and thus obtain better prices for farmers, she added.