This year’s Economic Survey has argued that India’s G20 presidency can help find coordinated solutions to the issues of global concern.
The Chief Economic Adviser, Mr. V. Anantha Nageswaran said that India, with its peaceful and democratic emergence, can influence the course of events that have been happening in the world economy, and in this process, the country can fulfil its aspiration to be a global power of relevance. He said that India, which assumed the G20 presidency, can use this to address global challenges like securing climate finance, enhancing financing for climate preparedness, and managing global vulnerabilities like debt, energy insecurity, and urban infrastructure.
“Global problems need global solutions, and global solutions require collaboration and cooperation. Based on the theme of ‘Vasudhaiva Kutumbakam: One Earth, One Family, One Future’, India’s G20 presidency aims to achieve coordinated solutions to key issues of global concern," he said.
Furthermore, the Chief Economic Adviser said that the presidency is a platform for India to share its success stories with the global community, especially the way where Digital Public Infrastructure has supported an inclusive people-centric growth paradigm. In short, the G20 Presidency is an opportunity for India to bind an otherwise fragmented global order.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.