G-20 Leadership: A Historic Chance For India

It gives the country the opportunity of a generation to voice Global South’s concerns amid a fragmented global economic order

- Shri V.P.Nandakumar

For the past few years, there has been a visible shift in India’s worldview or global outlook. The hallmark of this historic reset has been an independent foreign policy that put nation’s priority top on the agenda and pushed for a rule-based world order since much of the world is in disarray with conflicting interests imperiling global peace and stability. This is evident from the country’s decision to import crude oil from a sanctioned Russia despite multiple warnings from the West, especially the US. India throwing its full weight behind the neighboring Sri Lanka in that nation’s hour of crisis by fully supporting a multi-billion-dollar loan from the International Monetary Fund (IMF) is another instance of the nation breaking away from path dependency.