India Presidentship - G20 - Live News Dekho

The G20 is an intergovernmental forum made up of 19 countries and the European Union. It deals with important issues related to the global economy, such as international financial stability, climate protection, and sustainable development.

This is the premier forum for international economic corporations, which play a key role in shaping and enhancing global architecture and governance in all international economic issues.

From December 1, 2022, to November 13, 2023, India will lead the G20. Argentina is one of 19 countries that make up the G20. Australia Brazil Canada China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey Britain, the United States, and the European Union

The G-20 meets once a year under rotating leadership. Initially focused on broad macroeconomic issues, the G20 has since expanded to include trade, climate change, sustainable development, health, agriculture, energy, the environment, climate change, and anti-corruption.

During his G20 presidency, he runs the G20 agenda for one year and hosts the summit. The G20 presidency runs the G20 agenda for one year and hosts the summit, which consists of two parallel tracks.

The G20 process will be coordinated by Sherpas from member countries. Sherpas are the personal envoys of heads of state and government.

The finance track is led by member countries’ finance ministers and central bank governors. Within the two tracks are thematic working groups with representatives from member ministries, invited or host countries, and various international organizations.

In a historic moment, India today formally took over the G20 Presidency from Indonesia. The G20 (Group of Twenty) is an intergovernmental forum of the 20 most important industrialized and developing countries in the world and is the leading forum for international economic cooperation.

On this occasion, the prime minister wrote an article outlining India’s vision for its G20 presidency. It has been carried out by publications around the world.

In his article, the prime minister said India looked forward to a president of healing, harmony, and hope.

A key element of India’s G20 Presidency is to bring the G20 closer to the people and truly make it a “people’s G20.” To achieve this, civic participation and large-scale civic participation are planned throughout the year through various activities of Jan Bagidari.

Numerous activities were planned to mark the first of the Indian president’s inauguration. A special University Connect event was held earlier in the day, bringing students from 75 universities across the country virtually together.

Foreign Minister Dr. S. Jaishankar and Prime Minister Shri P.K. Mishra were among the prominent speakers at the event. The University Connect event aims to engage young people in her G20 activities.

India’s G-20 Presidency

India will chair the G20 from 1 December 2022 to 30 November 2023. A record 43 G20 delegations will attend the final summit in New Delhi next September.

The G20 logo is inspired by the vibrant colors of the Indian flag: saffron, white, green, and blue. It is a juxtaposition of the earth and the lotus, India’s national flower, reflecting growth and challenges.

Earth reflects India’s life-friendly approach to being in perfect harmony with nature. Bharat is written in the Devanagari script under the G20 logo.

The theme of his G20 presidency in India, “Vasudhaiva Kutumbakam,” or “One Earth, One Family, One Future,” is taken from the Mahupanishad’s ancient Sanskrit text.

In essence, this theme affirms the value of all life—human, animal, plant, and microbial—and their interconnectedness on Earth and in the wider universe.

This theme also sheds light on LiFE (Lifestyles for the Environment), with relevant environmentally sustainable and responsible choices, both at the level of individual lifestyles and national development,

For India, the G20 Presidency will be a 25-year “Amritsar,” beginning with its 75th anniversary of independence on August 15, 2022, and culminating with its 100th anniversary of independence toward a futuristic, prosperous, inclusive, and developed society.

It is also the beginning of and is characterized at its core by a human-centered approach.

Green Development, Climate Change Finance, LiFE

The opportunity to lead comes at a time when the COVID-19 pandemic exposes our systems’ vulnerabilities to the cascading effects of climate change, heightening existential threats.

In this regard, climate change is a key priority for the President of India, with a particular focus not only on climate finance and technology but also on ensuring an energy transition for developing countries around the world.

Understanding that climate change issues will affect industries, societies, and sectors, India offers the world its LiFE (Lifestyle for the Environment).

This draws on our country’s rich, age-old sustainable traditions to encourage consumers and, in turn, marketplaces to adopt environmentally friendly practices. This goes hand in hand with his G20 theme for India.

“Vasudhaiva Kutumbakam” or “One Earth.” Family. Future.

Accelerating Inclusive and Resilient Growth

Accelerated, resilient, and inclusive growth is the cornerstone of sustainable development. India intends to focus on areas that have the potential to bring about structural change.

These include efforts to accelerate the integration of MSMEs into global trade; adopting a trade ethos for growth; promoting workers’ rights and protecting workers’ well-being; closing the global skills gap;

Technological Innovation and Digital Public Infrastructure

India has demonstrated its belief in a human-centered approach to technology and is committed to promoting greater knowledge sharing in priority areas such as digital public infrastructure, financial inclusion, and technology-enabled development in areas ranging from agriculture to education. can.

21st Century Multilateral Institutions

Priority for India is reformed multilateralism to create a more accountable, inclusive, fair, and representative multilateral international system better suited to tackle the challenges of the 21st century.

As India begins its G20 Presidency this year, it is natural that our aim is to amplify the Voice of the Global South. pic.twitter.com/4nEo1LYdJ2
— PMO India (@PMOIndia) January 12, 2023