What Is G20 | G20 Kya Hai | India G20 Presidency | G20 Sherpa | G20 Upsc | Summit G20 | G20 2023 | G20 Summit 2023 | what india done in G20
Can India lead the world? Can India be the Vishwa Guru?
India takes over G20 Presidency for one year. G20 includes 20 of the most powerful countries in the world. The whole world is looking at India with hope. Let us understand in a simple language. G20 Summit 2023
What Is G20?
First let us understand what is G20. G20 is a group of 20 such countries that represents 60% of the global population. These 20 countries account for 75% of world trade 85% of world GDP comes from these countries G20 consists of these countries at the moment. India is G20 President from December 2022 to November 2023. This presidency is rotated between members every year. G20 Summit 2023
Countries Are Responsible To Push G20 Agenda
The past President – Indonesia
The current President – India
And the future President – Brazil
Why Will 2023 Be So Crucial For India?
Let’s understand why the world felt the need for G20. Before the G20, there was another group which was called G7. They include all the developed countries But the Western powers only care for their interests. They understand only their economy But in a globalized world Things happening in one part of the world can impact things in other parts of the world. Let’s take the 2008 Financial crisis. This crisis majorly happened in USA But the full world faced a recession. G20 Summit 2023
Similarly, in 1997 There was a financial crisis in South East Asia This crisis began in Thailand and it spread across Asia. So in the year 1999 along with the G7 which still exists today the G20 was established Because the G7 countries realized that international co-operation was necessary But only after the 2008 financial crisis the leaders started taking this seriously After that world leaders started meeting seriously and started having productive discussions.
How does the G20 work?
G20 has 2 main tasks or tracks the financial track and sherpa track. If you have gone to the mountains there are Sherpas to guide you For the financial track, finance ministers & central bankers discuss policy like the ones on the screen. Diplomats discuss foreign policy in the Sherpa track like the points on screen. India’s plan for the G20 is to host over 200 meetings in the next year with participation from 32 sectors. India is the G20 President for this year And by virtue of being President our country enjoys certain powers For example, India can invite countries. G20 Summit 2023
Which are not a part of the G20 group?
With this one small move we can establish better international relations. India has invited UAE as a guest for G20 UAE is an important strategic partner for India Along with UAE
the countries you see on screen have also been invited to attend G20 by India. Our External Affairs Minister is one of our favourites He made a very important statement India is emerging as the leader of the Global South Global North includes developed countries. Global South includes countries that are still developing India’s PM said in the G20 Bali Summit that multilateral institutions are failing Institutions like UN, WHO, WTO give preference to the Global North or developed countries. India is in such a situation today
Now, India can talk to Russia today
India can talk to Saudi Arabia
We can talk to USA as well
Our diplomacy has seen a revival in the past year And we will have to take advantage of this The next year is an important opportunity for India to establish our leadership to raise the right issues at the meetings. G20 Summit 2023
Why is 2023 so important for India?
A lot of people say the G20 presidency is going to come to India at some point or the other
What is the big deal in this India has not achieved anything by getting G20 Presidency And partially they are correct. Getting G20 Presidency is no big deal. How we use the Presidency is more important?
Let me explain With Qatar FIFA
Qatar hosted the FIFA world cup. This is the most expensive world cup As a country to host the world cup the infrastructure that Qatar built will only bring them losses not profit So are people from Qatar mad to host the world cup? Not at all Hosting the world cup in Qatar is important for them Right now the world’s eyes are on this small country. This gives Qatar an excellent opportunity To show their progress to the world to orient people with their culture.
India’s G20 Presidency will be somewhat like that It is a chance for us to show the world who we are The world shows how we fail very well 2021 only saw India’s burning pyres When you see only negative news about a country it creates a global impression that nothing good can happen in the country. But the truth is We are making huge leaps in green energy Our fintech is the most advanced globally But we never show our advances to the world. We focus only on our failures and shortcomings And through the G20 platform we can show the world that we are not just a big market. G20 Summit 2023 OFFICIAL WEBSITE
we are a competitive force which can shake up the world 2022 changed the global order Because of the Covid-19 pandemic Because of the Russia Ukraine war a lot of issues came to light. European countries don’t have energy security That’s why they’re using dirty fuels like coal, oil, gas. Ukraine and Russia are top wheat producers And because of this situation there is a food security issue worldwide. There has never been a time when the world’s inequalities have been more visible When you see things from afar some things are quite clear Some countries run the world And now they are scared Because their dominance is under threat And they can do anything to reclaim their dominance That’s why developed countries don’t give climate finance Because cyclones, floods, heatwaves won’t hit them And they have a lot of money And the person with money has security.
G20 UPI Revolution
Today India has a chance to bring these issues forward To share our story ourselves with the world And to take talks towards equitable solutions. A few days ago there was an all party meet where leaders from different parties came We learned an important point then Parties can be in opposition in internal politics. But we’ll have to come in front of the world as a united India Because only then will the citizens benefit There was a G20 meeting in Udaipur recently Where sherpas of different countries got a taste of our vibrant culture and experienced our digital payment revolution.
International dignitaries made payments with UPI They learned how simple UPI is Because of this one simple move Maybe this will help UPI go international. We really take UPI for granted But UPI is a revolution The world is one family India has said this for centuries And it is our responsibility to host this big G20 family. Now how we make use of this opportunity will determine how our next decade goes. G20 Summit 2023
If you got value from this Article and learned something new please share this Article Because this presidency is a presidency of hope Because even today People think we are a land of snake charmers Now we have a chance to change the world’s perception of India. This is the chance to forget all differences And share a positive message with the world. G20 Summit 2023