India G20 Presidency: India is on the way to become the new leader of the world. India, the world’s fifth largest economy, has emerged as a major global power in recent years. He is also fully prepared to fulfill global responsibilities without any hesitation. India has the potential to convert global fragmentation into collective cooperation on every major issue. For the next one year, India will lead the world’s most powerful economic group G20.
Prime Minister Narendra Modi has given a clear message to the whole world as soon as he took over the presidency of the G20 group. He has said that India will work to promote the universal feeling of unity in the world. India will move forward with the mantra of ‘One Earth, One Family, One Future’. With this mantra, India has expressed its intentions that it is fully prepared to lead the world.
India’s strength shown in Bali Declaration
In the 17th G20 summit held in Bali, Indonesia on November 15-16, India strongly put forth its stand on every issue. In this summit, the world’s top leaders issued a joint statement condemning Russia’s war in Ukraine, there was a sentence in it that today’s era is not an era of war. This is the same sentence which India had said two months back.
During the Shanghai Cooperation Organization (SCO) summit held in Samarkand, Uzbekistan in September, Indian Prime Minister Narendra Modi had told Russian President Vladimir Putin that today’s era is not of war. Prime Minister Narendra Modi reiterated the same sentiment at the G20 summit in Bali. He had said that we have to find a way to return to the path of ceasefire and diplomacy in Ukraine. This feeling of his was given place by the top leaders of the world in the official document of G20. This shows that no matter what the issue is, no matter how difficult the situation is, the eyes of the world are fixed on India for a solution.
Emphasis on making G20 a strong organization
India has always insisted on making G20 a strong organization and increasing economic as well as human cooperation among the member countries. In 2018, at the 13th summit of the G20 held in Buenos Aires, the capital of Argentina, Prime Minister Narendra Modi strongly said that it is in the interest of the whole world that the member countries on issues such as global economy, sustainable development, climate change, and fugitive economic offenders Increase cooperation between
ability to get along
India has always believed that the world’s top powers should not think only of themselves. Economically prosperous countries will have to take care of the interests of small countries equally. The Prime Minister’s mantra of One Earth, One Family, One Future is an indication of this.
India has the potential to revive global growth, lead the world on key issues of global concern such as food and energy security, environment, health and digital transformation. Now all the big powers of the world have also started accepting this aspect.
Prime Minister Narendra Modi has repeatedly said from international forums that India works in the spirit of “Vasudhaiva Kutumbakam”, in which the message of equal development and shared future is also contained to fulfill the interests of small countries.
What should be the future direction of G20?
After assuming the presidency, Prime Minister Narendra Modi has also clarified the future direction of G20. He has said that can the G20 still go further? Can we bring about a fundamental change in mindset for the welfare of the entire humanity. This thinking of India itself tells that it is not going to take only selected countries. The whole of humanity is important to him.
Conflict and conflict a threat to humanity
India believes that today we have sufficient means of production to meet the basic needs of all the people of the world. This shows the optimistic thinking of India. Describing conflicts and conflicts as a threat to humanity, Prime Minister Narendra Modi has said that in the present era, we do not need to fight for our existence. India has always given the message through its foreign policy that the biggest challenges the world is facing today like climate change, terrorism and epidemics cannot be solved by fighting each other but by working together.
While unveiling the logo and theme of the presidency of G20, on November 8, Prime Minister Narendra Modi had put India’s thinking towards this group in front of the world. On this occasion, he had said that the G20 summit is not just a diplomatic meeting. India takes it as a new responsibility and trust of the world.
India is the voice of developing countries
India has the strongest democracy, diversity, indigenous approach, inclusive thinking, local lifestyle, global thought and the world is looking for solutions to all its challenges in these ideas.
India not only maintains strong relations with developed countries, it also understands the interests of developing countries very well. Understanding the sorrow and pain of all its friends of the Global South, India is always ahead to help them. Global South is used for countries in the developing and less developed Latin American, Asian, African and Oceania regions. India has always been raising the point that the big economic powers of the world have ignored these countries for their own interests. Through the mantra of ‘One Earth, One Family, One Future’, India talks about taking these countries also on the ground of equality.
‘Neither First World nor Third World, Only One World’
Prime Minister Narendra Modi has also repeatedly put this thing in front of the world that there should be no first world or third world in the world, there should be only one world. With this perspective, India is leading the way in bringing revolution in renewable energy in the world with the mantra of One Sun, One World, One Grid.
Can become peace ambassador in Russia-Ukraine war
In the next few days, it will be 10 months of the ongoing war between Russia and Ukraine. There are no signs of retreat from both these countries. The prices of crude oil and gas are increasing rapidly due to this war. Because of this, the danger of economic recession is also increasing on the world. Russia is adamant on its stand despite strict warnings and restrictions from many western countries including America.
In such a situation, from the point of view of ending the war, the eyes of the world are fixed on India. This expectation has increased further due to the unique geo-political situation of India. India is such a country which is close to both West and Russia. After getting the presidency of G20, India is in a position to play a more effective role in front of the world on this issue. Along with the economic superpowers, most foreign affairs experts also believe that only India has the capability to bridge the gap between Russia and the western countries. India’s increasing influence in G20 is also an important reason behind this.
India will set the global agenda
India is balancing its relations with Russia and Western countries in a very diplomatic manner. India’s foreign policy is evolving to play a leadership role on the global stage.
The G20 chairmanship is a unique opportunity for India to become a leader in setting the global agenda. There is tremendous upheaval in the world, in such a time India is going to fulfill the responsibility of the presidency of the G20. India has the art of thinking big and delivering better results. For a long time, most of the countries of the world are expecting initiative from India in dealing with global challenges.
What is G20 and why it was needed
G20 is the most powerful economic group in the world. It is a group of 19 major economies of the European Union and the world. This group works to shape and strengthen global thinking on international economic issues. The G20 was established in 1999 after the Asian financial crisis. Initially, it was a forum for finance ministers and central bank governors to discuss global economic and financial issues. Its first meeting was held in Berlin in December 1999.
G20 upgrade in 2008
This platform was upgraded keeping in mind the global economic and financial crisis of 2007. From 2008, the annual summit of this group started to be organized in which the heads of state or government of the member countries started participating. In November 2008, the first summit of the heads of state of the G20 countries took place in the US capital Washington DC. Since then 17 summits have been organized including Bali. The 18th summit of G20 is to be held in Delhi in September next year.
Why is the G20 forum so important?
All the major economic powers of the world are members of the G20. The G20 accounts for about 85 percent of global GDP. The contribution of this group in global trade is more than 75 percent. It is also very important from the point of view of human resources. 67 percent of the total population of the world lives in the member countries of this group. All these countries decide the direction and condition of the global economy. We can say that The Group of Twenty i.e. G20 is the most important and powerful platform for international economic cooperation. There are developed countries as well as developing countries. Along with improving the international financial structure, this group seeks ways to avoid the global financial crisis.
Which countries are the members of G20
G20 members include 19 countries apart from the European Union. The G-20 consists of Canada, Mexico and the United States from North America. South America includes Argentina and Brazil. South Africa is from the continent of Africa. Three countries from East Asia include China, Japan and South Korea. India from South Asia and Indonesia from South-East Asia are included. At the same time, Saudi Arabia is included from Middle-East Asia. Apart from Russia and Turkey from Eurasia, France, Germany, Italy and the United Kingdom are its members from Europe. Australia is a member of the G20 from Oceania. Apart from these, the European Union is also its member.
read this also: India G20 Presidency: This statement came from America after India got the G-20 presidency, know what it said