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Business News/ News / India/  Prime Minister Narendra Modi writes on India’s G20 presidency: 10 key takeaways

Prime Minister Narendra Modi writes on India’s G20 presidency: 10 key takeaways

India's G20 presidency focused on shifting from GDP-centric to human-centric progress, with a focus on inclusivity, sustainable development goals, and climate action.

Hyderabad: Prime Minister Narendra Modi during 'Koti Deepotsavam' programme in Hyderabad, Monday, Nov. 27, 2023. (PTI Photo) (PTI)Premium
Hyderabad: Prime Minister Narendra Modi during 'Koti Deepotsavam' programme in Hyderabad, Monday, Nov. 27, 2023. (PTI Photo) (PTI)

As India completes a year of G20 presidency, Prime Minister Narendra Modi has highlighted the journey in an op-ed for the Hindustan Times. Here are 10 key takeaways.

Reflecting on a year of leadership

India's G20 presidency, marked by challenges like the COVID-19 aftermath, climate threats and financial instability, focused on shifting from GDP-centric to human-centric progress.

Inclusivity and global participation

Inclusivity was central, with the African Union's inclusion in G20 and the hosting of the "Voice of the Global South Summit". Domestically, “Jan Bhagidari" engaged India's population in G20 activities.

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Advancing sustainable development

The G20 2023 Action Plan, formulated under India, focused on Sustainable Development Goals (SDGs) with an emphasis on health, education and environmental sustainability. India's leadership in Digital Public Infrastructure (DPI) was pivotal.

Climate initiatives and green development

India introduced the “Green Development Pact" and set ambitious goals like tripling global renewable energy capacity by 2030. Initiatives like the Global Biofuels Alliance and Green Hydrogen were significant.

Addressing climate justice and equity

Recognising the financial needs of developing countries for climate efforts, the G20 emphasised enhanced Multilateral Development Banks and a substantial increase in development financing.

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Empowering women

A Working Group on the Empowerment of Women was established, aligning with India's Women’s Reservation Bill 2023, which aims for greater female representation in legislative bodies.

Policy coherence and trade

The New Delhi Declaration underscored the importance of policy coherence, reliable trade and ambitious climate action. India's presidency achieved 87 outcomes and 18 adopted documents.

Geopolitical deliberations and humanitarianism

India led discussions on terrorism and economic growth. It also emphasised humanitarianism over hostility, advocating for a policy of zero tolerance towards terrorism.

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Enhancing global healthcare and cooperation

Under India's presidency, global health issues received significant attention, particularly in light of the COVID-19 pandemic. Efforts were made to enhance international cooperation in healthcare.

Legacy and handover

As India hands over the G20 Presidency to Brazil, PM Modi reflects on revitalising multilateralism, amplifying the Global South's voice and empowering women. He hopes these efforts will have lasting impacts.

Read the original article HERE.

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Published: 30 Nov 2023, 02:45 PM IST
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