G20: Emerging India on the World Stage

India wants to demonstrate the dignity of individual to all countries on the world stage and focus on global welfare through the culture of democracy and the goal of sustainable development. — Vaidehee

India is a country in South Asia which has a proud history of thousands of years with the rich culture and heritage Today India is the fifth largest economy in the world along with this it is an emerging superpower in the global market there is no doubt that India is emerging as a world leader among global powers.

Currently India is chairing the 18th G20 summit. This is a sign that India’s global importance is increasing and it is a great opportunity for every Indian to introduce the world to India’s think tank India’s culture and social power increase the knowledge of the world with the wisdom of thousands of years old culture and the modernity contained in it.

The G20 was formed in the backdrop of the financial crisis of the late 1990’s it is a strategic multilateral forum linking the world’s major developed emerging economies its objective is to secure global financial stability with the coporation and participation of middle income countries.

G20 is a group of developed countries, which has about 85% participation in world GDP it is about 60% of the world’s population and accounts for 75% of global trade this group includes 20 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom and United States).

There is no permanent secretariat of G20 it holds the conference through troika. This time India is part of troika along with its predecessor Indonesia and successor Brazil. This would be the first time when the Troika would consist of three developing countries and emerging economies it is hoped that as a result there would be a shift in the balance of power within the G20 favouring emerging economies to have a greatest share in the decision making.

India hopes to extend this principle towards finding sustainable solutions to some of the key global challenges emerging out of the interconnectedness of the world such as climate change and emerging technology food and energy security  digital economy and climate change inclusive equitable sustainable development and more focus on women empowerment energy security public infrastructure. This issue can have a positive impact on the economy and social life of poor countries.

The theme of G20 one earth one family one future reflects the commitment towards Vasudeva kutumbkam. Its logo inspired by the saffron white green and blue colours of the national flag of India and a vibrant symbol of India’s pro earth approach.

For India the G20 presidency also mark the beginning of Amritkal which mark the century of India’s independence where a human vision lies at the core of a prosperous inclusive developed society.

Today the world is looking at us with hope today  every decision of India can have a deep impact on global issues it was not easy for India to reach this position we have also seen the darkest days in the world whether it is 200 years of slavery or the past of poverty and being economically backward but we have not stop over journey of development.

Today as a result of those efforts , new India is rapidly taking shape our country has also passed through the   epidemic from which no country could  escape but the way, the recovery has been done in India is commandable. The whole world is acknowledging how India helped more than 150 countries with vaccine medical equipments and medicine India meet 65% of the world’s vaccine requirements.

As we know India is making new efforts every day. On path of becoming developed there are some challenges in this path the solution can be found in G20 conference such as China’s increasing policy of expansionism strict action against terrorism. Today India’s territorial sovereignty is threatened by the activities of China and Pakistan. Therefore India as a chairman can try to help the grouping countries find solution on this serious issues. Reducing economic dependance and  preventing trade imbalance is also major problem so that economy could work smoothly.

Today a big challenge in front of India is the Russia Ukraine war due to which the global economy is in a bad condition the supply chain has been completely disrupted. Along with this there has been shortage of food and other is essential commodities.  Today the world is divided against Russia in such as situation the challenge before India is how to bring all the countries on one platform and solve this problem through dialogue and negotiations. Today India has good relation with Russia as well as developed countries such as (US UK Japan etc) through its diplomacy. India’s efforts are to strike a balance between the two. But India does not support Russia’s war on Ukraine at any cost.

India wants to demonstrate the dignity of individual to all countries on the world stage and focus on global welfare through the culture of democracy and the goal of sustainable development.          

Vaidehee: Student of Delhi University
 

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