Accelerating progress towards SDGs requires inclusive growth: G20 Troika

Lamenting the fact that the global growth rate at just over 3 per cent is the lowest since the turn of the century when an average of nearly 4 per cent prevailed till COVID pandemic, the G20 Troika of Brazil, India and South Africa on Wednesday observed that accelerating progress towards sustainable development goals (SDGs) requires inclusive digital transformation.

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"Technology (also) is moving at a dizzying pace, and if equitably deployed, affords us a historic opportunity to raise growth, reduce inequality and take one giant step towards bridging the gap in attaining the SDGs," three countries said in a joint communique, endorsed by several G20 countries, guest countries and international organisations which participated in the G20 Summit in Brazil. The G20 Troika said the experiences of several G20 countries have demonstrated that well-designed DPI augmented by AI can enable the use of data for development, creating new jobs and delivering better health and education outcomes. Their adoption by G20 countries more widely has the potential to radically transform the lives of citizens thereby renewing their faith in vibrant democratic principles. "In this context, we recall the adoption of the Global Digital Compact at the UN Summit of the Future. We also we