India’s G20 Presidency Draws to Close

Context: India’s G20 presidency spanning from December 1, 2022, to November 30, 2023, marks a significant chapter in global cooperation.     

What were the key highlights during India’s G20 presidency?

• The theme of India’s G20 presidency was “Vasudhaiva Kutumbakam”, which means “The world is one family”.
• India’s G20 Priorities: India focused on issues like inclusive growth, digital innovation, climate financing, and equitable global health access to benefit the Global South or the developing countries.
• Brazil is set to assume the next G20 Presidency from 1 December 2023.

What were the key achievements during India’s G20 Presidency?

• Inclusion of African Union in G-20: The African Union became the new permanent member of G-20 (G20 now G21) since its inception in 1999.
  • Other Members: 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom and United States) and the European Union. India-Middle East-Europe Economic Corridor: It aims to integrate transport corridors between Asia, the Arabian Gulf, and Europe.
• Setting up of Global Biofuels Alliance (GBA): It is an international initiative aimed at promoting the development and deployment of biofuels as a low-carbon pathway to sustainable energy.
• G20 ministers issued the ‘Jaipur Call for Action: It aimed to Improve access to information for MSMEs.
• Goa Roadmap for Tourism: The Goa Roadmap is a key deliverable of India’s G20 Tourism Track.
• Gandhinagar Implementation Roadmap (GIR) & Gandhinagar Information Platform (GIP) for Priority Landscapes: GIR and GIP will help restore land impacted by forest fires and mining, and reinforce the implementation of the G20 Global Land Initiative (GLI). 
• Chennai High-Level Principles for a Sustainable and Resilient Blue Economy: HLPs will help address sustainable economic growth, protection, conservation, and human development. 
• G20 Framework for Digital Public Infrastructure: The DPI framework will help ensure equitable access to and last-mile delivery of essential services at a societal scale, streamline governance, propel economic growth, and foster sustainable development. 

Conclusion

India’s G20 Presidency was significant because of the government’s push to popularize and “democratize” the G-20 within India, inviting about 1,00,000 delegates from over 125 countries to about 200 meetings in more than 60 Indian cities.

News Source: Economic Times