The 86th meeting of G-24, which will commence in the afternoon, will discuss the issue of recovery, growth and development of the world economy in context of the 2008 global financial crisis. It will also discuss the strategy and action plan for enhancing the effectiveness of the G-24. Mukherjee, after receiving the offer of the G-24 chair, will deliver an acceptance speech on the occasion.

According to sources, Mukherjee is leaving for a five-day US tour from September 21 to attend meetings of Annual Fund Bank, G-20, G-24, BRICS and IMFC and to urge foreign investors to invest in India in a series of business meetings.

Also in the afternoon of September 22, the Mukherjee will attend BRICS Finance Ministers’ Meeting which has been convened by India on the sidelines of the Fund Bank and G-20 Meetings in order to explore the manner in which this group consisting of Brazil, Russia, India, China and South Africa can coordinate in addressing the evolving economic and financial situations in various countries of the world. The main objective of the meeting is to discuss the concerns regarding the current situation of the global economy and the policy response by BRICS member countries.

In the evening the Indian Finance Minister will attend working dinner meeting of G-20 Finance Ministers and Central Bank Governors to discuss global economy and framework.

On September 23, Mukherjee will attend Plenary Session of Annual Meeting of IMF and World Bank. This Plenary Meeting is actually a curtain raiser for the Fund Bank Annual Meeting and sets the agenda for the Development Committee Meeting and the IMFC Meeting which follows on the next day.

In the afternoon, the Indian Finance Minister will attend the joint International Monetary and Finance Committee (IMFC) and World Economic Forum Meeting consisting of 24 Ministers and 24 CEOs. This is for the first time such meeting is being held.

In the evening, there will be G-20 Finance Ministers and Development Ministers Meeting. There will be two sessions. First session will be focussing on development agenda including infrastructure and food security. Second session will be focussing on development financing which will include report by Bill Gates Foundation on Development Financing and World Bank’s Report on Climate Financing. A communiqué will be issued at the end of the Meeting.

On September 24, the Indian Finance Minister will attend IMFC breakfast meeting which will be followed by IMFC’s Plenary Meeting. There will be presentations on a new Consolidated Multilateral Surveillance Report (CMSR) and on the Funds Action Plan during the Plenary Meeting of IMFC.

In the afternoon, there will be World Bank Development Committee Meetings which will focus on the current economic scenario, growth and jobs as well as on global development issues and the implications of the 2012 World Development Report on Gender on the Bank’s activities.

The Indian Finance Minister will also have bilateral meetings with his counterparts from constituency members like those from Sri Lanka, Bangladesh and Bhutan and also with the finance ministers from UK, France, Greece, Iran and Japan. He will start his journey back home on September 25 and will reach the national capital the next day.

In the first leg of his five-day US tour, the Indian Finance Minister will have a sries of business meetings and dialogues. On reaching New York on September 21, he will address the 8th Annual India Investment Forum Meeting. His key note address will be on the theme of India’s Continuing Growth Story. The Forum is being organised by the Institutional Investors which is a 44 year old US Publication and part of the Euro Money PLC Group of Publications. The last Forum meeting in 2010 was also attended by Mukherjee.

The Forum meeting will be attended among others by President and Senior Vice President, FICCI, Chairman IIFL and Managing Director IIFL, Chairman Yes Bank alongwith major US investors.

Thereafter, Mukherjee will address the US-India Business Council (USIBC)-FICCI Round Table Meeting in New York which will be attended among others by the Chairman, USIBC, Terry Mcgraw, FICCI President, Harsh Mariwala and about 20 CEOs of US companies and 20 participants from India.

On September 22, in Washington, Mukherjee will address the India-US CEOs Forum Meeting. The India US-CEOs Forum was constituted in 2005 as part of India-US Economic Dialogue and now comprises 12 CEOs each from India and the US. Business and Industry representatives of both the countries coordinate the activities of the Forum and recommendations of the Forum would help the two governments to improve the business environment in their respective countries. The Indian side of CEOs will be led by Ratan Tata and will include Mukesh Ambani of the Reliance Industries Limited, Hari Bhartia of Jubilant Life Sciences, SBI Chairman, Pratip Chaudhury, ICICI Bank Chairman, Chanda Kochhar, Sunil Bharti Mittal of Bhrati Enterprises, HDFC Chairman, Deepak Parekh, Preetha Reddy of Apollo Hospitals, Analjit Singh of Max India.

Among the US CEOs who are likely to participate include Dave Cote of Honeywell, Jamie Dimon of JPM Chase, Paul Hanrahan of AES, Ellen Kullman of DuPont, Terry Macgraw of Macgraw Hill, Indira Nui of Pepsico, Vikaram Pandit of Citi Bank, Michael Splinter of Applied Materials.