India symbolically accepts G20 Presidency for a year

Taking over the Presidency of the G20 grouping, Prime Minister Narendra Modi on Wednesday assured its leaders that India's G20 presidency would be inclusive, ambitious, decisive, and action-oriented.

“It is a proud occasion for every Indian to assume the G20 Presidency. We will organise G20 meetings in different cities and states of our country. Our guests will get a full experience of India's amazing diversity, inclusive traditions and cultural richness,’’ said the PM at the closing session of the G20 summit in Indonesia. After the Presidency devolves on India for a year from December 1, the next G20 summit will be held in the country.

The PM admitted that India is taking charge of the G20 at a time when the world is simultaneously grappling with geopolitical tensions, economic slowdown, rising food and energy prices, and the long-term ill-effects of the pandemic.

“At such a time, the world is looking at the G-20 with hope. Over the next one year, India will strive to ensure that the G20 becomes the catalyst for new ideas and accelerate collective action. The sense of ownership over natural resources is giving rise to conflict today, and has become the main cause of the plight of the environment,’’ he said.

The Prime Minister also spoke on the need for universal and all-inclusive development and especially underlined the point that this is not possible without women's participation. Peace and security is an imperative otherwise the future generations will not be able to take advantage of economic growth or technological innovation.

“The G-20 has to convey a strong message in favour of peace and harmony. All these priorities are fully embodied in the theme of India's G-20 Chairmanship – ‘One Earth, One Family, One Future’,” he said.

Courtesy: The Tribune India : 16th Nov , 2022