TAMILNADU AFFAIRS
Second G20 Framework Working Group (FWG) Meeting in Chennai,
Tamil Nadu, March 24-25, 2023
- The G20 FWG focuses on global macroeconomic issues. Under India’s 2023 G20 Presidency, the Group will be focusing on macroeconomic impacts of food and energy insecurity, climate change and transition pathways.
- In the Chennai meeting of the FWG, the members will focus on sharing policy experiences on these issues and discuss the way ahead on how FWG discussions can inform the G20 Finance Ministers and Central Bank Governors who will be meeting in Washington D.C on April 12-13, 2023.
TN to become largest IT hub in Asia soon
- Tamil Nadu would become the largest IT hub in Asia soon, Chief Minister M.K. Stalin .
Important points in this regard:
- The State is contributing over 10% to the Indian IT sector.
- The State government is going to establish the Tamil Nadu Tech City (TN Tech City) in Chennai, Coimbatore and Hosur. There is one tech city coming up on 150 acres in the IT corridor of Chennai, the second on 500 acres in Hosur and the third in Coimbatore.
- Chennai has positioned itself to be the ideal destination for global companies looking to set up their capability centres.
- Umagine Chennai 2023, which is happening at the Chennai Trade Centre, will conclude on March 25.
