Dept of Economic Affairs & NDB to organise seminar on social infrastructure financing and use of digital technologies



Quick Summary
The Department of Economic Affairs and the New Development Bank are hosting a virtual seminar on May 13, 2021, focusing on social infrastructure financing and the use of digital technologies. This event, part of India's BRICS Chairship, aims to address common challenges faced by BRICS nations in light of the COVID-19 pandemic, highlighting the crucial role of social infrastructure and digital tools for sustainable development and economic recovery.

The Department of Economic Affairs, Ministry of Finance, Government of India, and the New Development Bank (NDB) are jointly organizing a virtual seminar on "Social Infrastructure Financing and use of Digital Technologies" on May 13, 2021, as part of the Economic and Financial Cooperation Agenda under the Indian BRICS Chairship, 2021.

The COVID-19 Pandemic has reinforced the importance of investing in social infrastructure and underpinned the importance of leveraging Digital Technologies in both advanced and emerging economies. The challenges faced, are common to all, especially to the BRICS nations. There is a great potential in building sustainable mechanism to chart the way forward and share the common benefits associated with social, economic and digital development.

This seminar will engage high-level participants from both public and private sector and will focus on the key issues surrounding social infrastructure financing and the use of Digital Technologies in the 21st century.

Seminar on Social Infrastructure and Digital Tech Financing

During panel discussions and two thematic sessions, various topic such as

  1. the importance of investing in social infrastructure to promote sustainable development
  2. steps for tackling the challenges related to social infrastructure financing
  3. ways to de-risk the projects to enhance private sector participation
  4. the value of integrating digital technology into social infrastructure to enhance delivery of health and education in the post-COVID-19 recovery; and
  5. explore the range of viable models and instruments for financing social infrastructure in the BRICS countries, will be deliberated.

Shri Ajay Seth, Secretary, Economic Affairs will make the inaugural address, followed by address by Mr. Marcos Troyjo, President NDB. The keynote speech will be delivered by Prof. Jeffrey D. Sachs, Director of the Center for Sustainable Development, Columbia University.

FAQ :

The Department of Economic Affairs, Ministry of Finance, Government of India, and the New Development Bank (NDB) are jointly organising the seminar.

The seminar's main topic is 'Social Infrastructure Financing and use of Digital Technologies'.

The virtual seminar is scheduled for May 13, 2021.

The COVID-19 Pandemic has highlighted the critical importance of investing in social infrastructure and leveraging digital technologies for both advanced and emerging economies, especially for BRICS nations.

Discussions will cover the importance of social infrastructure investment, financing challenges, de-risking projects for private sector participation, integrating digital technology into social infrastructure for health and education, and viable financing models for BRICS countries.

Shri Ajay Seth, Secretary, Economic Affairs, will give the inaugural address, followed by an address by Mr. Marcos Troyjo, President NDB. Prof. Jeffrey D. Sachs will deliver the keynote speech.




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