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Home Economy

Virtual Global Investor Roundtable

November 5, 2020
in Economy
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In news:

Prime Minister  Narendra Modi will chair the Virtual Global Investor Roundtable (VGIR) on 5th November, 2020.

More information:

  • It is organized by the Ministry of Finance, Government of India, and National Investment and Infrastructure Fund. 
  • It is an exclusive dialogue between leading global institutional investors, Indian business leaders and the highest decision makers from the Government of India and Financial Market Regulators.
  • Union Finance Minister, Union Minister of State for Finance, RBI Governor and other dignitaries will also be present on the occasion.
  • The Roundtable will witness participation from twenty of the world’s largest pension and sovereign wealth funds with a total Assets Under Management of about US$6 trillion.
  • These global institutional investors represent key regions including the US, Europe, Canada, Korea, Japan, Middle East, Australia, and Singapore.
  • Some of these investors would also be engaging for the first time with the Government of India.
  • Its main focus is on discussions around India’s economic and investment outlook, structural reforms and the government’s vision for the path to a USD 5 trillion economy.

Importance:

  • It provides an opportunity to leading global investors and Indian business leaders to engage and deliberate with senior policymakers on how to further accelerate the growth of international investments in India.
  • Will provide an occasion for all stakeholders to further cement the strong partnerships that have been built with international institutional investors.
Source: PIB
Tags: Prelims

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