G20 Shouldn't Restrict Itself To Resolutions
Business Today India|September 03, 2023
India has taken some noteworthy initiatives during its G20 presidency and has not shied away from tough discussions
Janmeiaya Sinha
G20 Shouldn't Restrict Itself To Resolutions

PRIME MINISTER NARENDRA MODI invoked the Sanskrit term “Vasudhaiva Kutumbakam” (the world is one family) as India took over the presidency of the G20 (group of 20 nations). That is why India has stated that the theme of its presidency will be “One Earth, One Family, One Future”. Addressing the G20 Foreign Ministers’ meeting in India, Prime Minister Modi asserted that the post-World War II multilateral order is in crisis. The two main objectives of post-WWII multilateralism— to prevent wars by balancing diverging interests and to engender international cooperation on issues of common global interest—have not been achieved. If we were to study the experience of the last few years, we have been witness to a global financial crisis, rapid global warming, a devastating pandemic, all forms of terrorism, and a war in mainland Europe. The G20 platform needs to take leadership in facing up to such challenges. The G20’s approach should be to find ways to build on our shared agreements, rather than focus all our energies on the differences between some of us on some issues. At this time, as a planet, we are falling behind in our commitment to meet the Sustainable Development Goals (SDG) that all nations agreed to at the 2012 United Nations Conference on Sustainable Development in Rio de Janeiro. So, in a sense India’s cry, as a voice for the Global South, is to use the more broad-based G20 platform to advance the world on the most critical global issues facing it. It is in this vein that India has also made an unequivocal push to include the African Union as a permanent member of the G20.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS TODAY INDIAView all
The EV Craze
Business Today India

The EV Craze

The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly

time-read
5 mins  |
November 10, 2024
The Storage Boom
Business Today India

The Storage Boom

Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?

time-read
8 mins  |
November 10, 2024
India Beckons
Business Today India

India Beckons

Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before

time-read
4 mins  |
November 10, 2024
The Pearls of The Sea
Business Today India

The Pearls of The Sea

Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it

time-read
4 mins  |
November 10, 2024
66.Brand persona should define the core"
Business Today India

66.Brand persona should define the core"

I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.

time-read
1 min  |
November 10, 2024
Unwind in Style
Business Today India

Unwind in Style

Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury

time-read
3 mins  |
November 10, 2024
A Lifelong Affair with Inspiration
Business Today India

A Lifelong Affair with Inspiration

In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art

time-read
3 mins  |
November 10, 2024
Make it Bubbly
Business Today India

Make it Bubbly

Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles

time-read
4 mins  |
November 10, 2024
Palatial Splendour
Business Today India

Palatial Splendour

Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers

time-read
7 mins  |
November 10, 2024
Of Beaches and Cream
Business Today India

Of Beaches and Cream

GianChand Single Malt Whisky

time-read
1 min  |
November 10, 2024