G20 - INDIA PAVES THE WAY
Beyond Market|September, 2023
India's Presidency has achieved progress on several fronts, giving a push to the country's Global South leadership ambitions, but falls short on fundraising for climate concerns
G20 - INDIA PAVES THE WAY

Since last November, when India took over the Presidency of G20, Indian cities have been adorned by G20 logos on billboards and streets. Events have been held in dozens of Indian cities in every state, making a global event a pan-India celebration. The G20 Presidency has helped showcase India’s breadth, diversity, and achievements before the world.

The last time India sought to play such a prominent role in global leadership was during the tenure of first Prime Minister Jawaharlal Nehru. India then projected itself as a voice of the Third World, was the architect of the Non-Aligned Movement, and played an important mediatory role during various conflicts.

India is in a much stronger position today and this time aspires to be the leader of Global South. India took over the Presidency at a crucial juncture when a war was being waged in Europe, climate change concerns, and indebtedness among poor countries were rising. Amid these challenges, India has managed to forge progress on a lot of contentious issues during its G20 presidency and even a consensus statement.

By the end of the G20 Presidency, there will have been over 220 meetings in 60 cities across all 28 states and 8 Union territories. More than 1 lakh participants from approximately 125 nationalities would have visited India. Over 1.5 crore individuals in our country have been involved in these programs or have been exposed to various aspects of them.

So what does the country have to show for its year-long efforts?

THE ACHIEVEMENTS

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 BEYOND MARKETView all
IMPORTANT JARGON
Beyond Market

IMPORTANT JARGON

SEBI Allows Mutual Funds To Invest In Foreign Funds With Exposure To Indian Securities

time-read
4 mins  |
November, 2024
NO SHORTCUTS, JUST HARD TRUTHS
Beyond Market

NO SHORTCUTS, JUST HARD TRUTHS

Riding the economic rollercoaster, Howard Marks reveals the hard truths about why adhering to fundamental principles is critical for long-term stability

time-read
7 mins  |
November, 2024
SOW TODAY, REAP TOMORROW
Beyond Market

SOW TODAY, REAP TOMORROW

Invest for your child's retirement from day one - because why wait for adulthood to plan for golden years?

time-read
6 mins  |
November, 2024
BORROWING BOLDLY, SAVING SPARINGLY
Beyond Market

BORROWING BOLDLY, SAVING SPARINGLY

Post-pandemic, India's tech-savvy middle class is leveraging bold borrowing trends, balancing premium spending with smarter investments for a bright future

time-read
4 mins  |
November, 2024
EASING THE PREMIUM PRESSURE
Beyond Market

EASING THE PREMIUM PRESSURE

The GST council's upcoming meeting hopes to address potential tax reductions on health and life insurance to improve affordability and insurance penetration while balancing fiscal priorities

time-read
6 mins  |
November, 2024
PIRACY: STEALING THE SHOW!
Beyond Market

PIRACY: STEALING THE SHOW!

Piracy is where blockbuster hits go cheap because the prices are steep

time-read
7 mins  |
November, 2024
TEMPERED BY FIRE
Beyond Market

TEMPERED BY FIRE

India's steel sector faces the heat from cheap Chinese imports but holds strong long-term growth prospects driven by rising domestic demand and capacity expansion

time-read
4 mins  |
November, 2024
TAKING A FIRM STANCE
Beyond Market

TAKING A FIRM STANCE

RBI's action against select NBFCs aims to curb the risks of growth at any cost before it jeopardizes the entire system

time-read
4 mins  |
November, 2024
STEADY BUT SHAKY
Beyond Market

STEADY BUT SHAKY

IMF's latest World Economic Outlook forecasts modest 3.2% global growth, with the US thriving while Europe grapples with inflation

time-read
6 mins  |
November, 2024
THE TRUMP CARD
Beyond Market

THE TRUMP CARD

While the return of Donald Trump as US President may create new challenges, it could also present opportunities, particularly as the US seeks alternatives to China

time-read
7 mins  |
November, 2024