Financial inclusion, remittance cost focus areas in G20 meeting

In Kolkata, apart from the plenary meetings, there would be a symposium that would see participation of 12 international speakers

As the first G20 Global Partnership for Financial Inclusion (GPFI) meeting is set to kick off in Kolkata from Monday, a litany of issues are likely to be discussed.

These include unlocking digital financial infrastructure for advancing financial inclusion, reducing cost of remittances, assessing progress made in implementation of G20 high-level principles and availability of finance for small and medium enterprises (SMEs).

Chanchal Sarkar, economic advisor, department of economic affairs, said the main purpose of the meeting is to ensure access and usage to the unbanked and left out. It would provide opportunities for higher income and growth, which would