Extract above zip file and copy paste all the files from pkg-config/bin folder to mingw-w64. In my case its 'C:\mingw-w64\i686-8.1.0-posix-dwarf-rt_v6-rev0\mingw32\bin'
Now set path = C:\mingw-w64\i686-8.1.0-posix-dwarf-rt_v6-rev0\mingw32\bin
taddaaa you are done.
If you find any security issue then follow steps as well
Search for windows defender security center in system
Navigate to apps & browser control> Exploit protection settings> Program setting> Click on '+add program customize'
Select add program by name
Enter program name: pkgconf.exe
OK
Now check all the settings and set it all the settings to off and apply.