The PGII plan was marketed by the United States as a rival to China's BRI, with considerably greater consideration for sustainable debt burdens and environmental considerations. Let's see how the G-7’s infrastructure plan will impact India.
What does the agritech and climate sustainability fund propose? Will India receive enough money for the construction of its infrastructure?
India was one of five special invitees to the G-7 summit, which took place in Germany's Schloss Elmau, where the "most industrialized nations" of the world (Canada, France, Germany, Italy, Japan, the U.K., and the U.S., as well as the European Union) initiated the $600 billion Partnership for Global Infrastructure and Investment (PGII), which is led by the United States. According to the initiative's description, it was a "values-driven, high-impact, and transparent infrastructure partnership to meet the enormous infrastructure needs of low- and middle-income countries and support the U.S. and its all...
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