India assumes G-20 presidency How important is it for India? Know the importance of movement here.

How important is G20 presidency for India?

Prime Minister Narendra Modi recently tweeted that India’s G-20 presidency will be “inclusive, ambitious, decisive and action-oriented”. How important is this G-20 presidency for India? Let’s know here.

How important is the G20 presidency for India?

How important is the G20 presidency for India?

Prime Minister Narendra Modi officially assumed the role of chairman of the group and pledged to make it a “catalyst for global change”. This will be done at “a time when the world is simultaneously grappling with geopolitical tensions, an economic recession, rising food and energy prices, and the long-term adverse effects of the pandemic.”

The country’s formal presidency of the G20 will begin in December. India will conduct the group’s next annual meeting in September 2023.

Why is the presidency that important?

The G20 presidency is an extremely important task for India. India’s Prime Minister, Narendra Modi, recently called for a “change in fundamental thinking to benefit all humanity.”

  • According to Prime Minister Modi, the presidency will be “comprehensive, ambitious, decisive and action-oriented”. Prime Minister Narendra Modi stated that it will promote a genuine dialogue on reducing the risks posed by weapons of mass destruction and promoting global security.
  • This country begins to chair the G20. It aims to focus on counter-terrorism and “unity” in addressing global challenges, such as economic recession and the climate crisis.
  • The government seeks to create a strong consensus on debt sustainability and building infrastructure that is resilient to natural disasters and climate. The country’s G20 plans also pay special attention to startups. It also seeks to bridge the digital divide.

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Source: pagasa.edu.vn

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