The International Monetary Fund (IMF) 20 economists have estimated that India will contribute 16% to global growth this year.
According to the Fund's latest estimate, India's economy will grow 6.3% in 2023-24, the fastest among the G20 economies.
It is therefore that India's 2023 G20 presidency has demonstrated the country's important role in advancing multilateral policy priorities to boost global growth amid multiple global conflicts.
During various G20 meetings under India's Presidency in the runup to the New Delhi G20 Leaders' Summit in September, deliberations had revolved around India's priorities such as inclusive and resilient growth; progress on sustainable development goals, green development and Lifestyle for Environment (LiFE); technological transformation and public digital infrastructure; reforming multilatinstitutions; eral women-led development; and international peace and harmony.
The consensus arrived at in New Delhi on development, climate and environment, energy 23 transitions, health, agriculture, digital economy, trade and investment, disaster risk reduction, employment, education, tourism and anti-corruption, as well as on building multilateral institutions for the 21st century and global financial architecture, will leave a lasting impact.
During its G20 Presidency, Prime Minister Narendra Modi also stressed the priorities and lent voice of the Global South. African Union was thus inducted into the G20 as a permanent member.
Denne historien er fra December 23, 2023-utgaven av Financial Express Mumbai.
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Denne historien er fra December 23, 2023-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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