Leaders of the Group of 20 countries on Sunday agreed to take a variety of measures to add an extra $2 trillion or 2.1 per cent to world economic output and create millions of jobs by 2018. Despite host Australia pitching hard to keep climate change outside the G20 agenda, US President Barack Obama brought conviction to its inclusion by announcing a $3 billion climate change fund for developing countries on Saturday. Japan followed suit by committing another $1.5 billion. Suresh Prabhu, sherpa to Prime Minister Narendra Modi said, the incremental 2 per cent growth will come mainly from India, besides China. ?The central issue is now employment as we always wanted; growth without jobs is meaningless,? he said. India will also significantly benefit from the higher growth as the global market opens up.

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