India takes charge of G20!

Bali, Nov 16: In a significant development, India was handed over the Presidency of the G20 at the closing session of the G20 Summit in Bali on Wednesday. India will officially assume the G20 presidency from 1st of next month. At the closing session, Indonesian President Joko Widodo symbolically handed over the G20 Presidency to PM Narendra Modi.

 

 

 

Speaking at the closing session of G20 Summit in Bali, PM Modi said, "It is a matter of pride for every Indian as the country takes over the presidency of the G20. India is taking charge of the G20 at a time when the world is grappling with geopolitical tensions, economic slowdown, rising food and energy prices and the long-term ill effects of the pandemic."

 

 

Further, he assured the world leaders that India's presidency of G20 will be inclusive, ambitious, decisive and action-oriented. He said, "India will strive to ensure that the G-20 acts as a global prime mover to envision new ideas and accelerate collective action over the next one year."

 

 

Raising concern over the challenges posed to environment, the Prime Minister said, the sense of ownership over natural resources is giving rise to conflict and has become the main cause of the plight of the environment. He said that the sense of trusteeship is the solution for the safe future of the planet. He asserted that Lifestyle for Environment campaign can make a big contribution to solve the problem.

 

PM Modi stressed the need to provide the benefits of development to all human beings with compassion and solidarity. He said, global development is not possible without women's participation. He also stressed that women-led development should be a priority in the G20 agenda.

 

He said, without peace and security, future generations will not be able to take advantage of economic growth or technological innovation. He said, the G-20 has to convey a strong message in favour of peace and harmony and all these priorities are fully embodied in the theme of India's G-20 Chairmanship - One Earth, One Family, One Future.

 

The Prime Minister said, efforts will be made to make the G-20, a catalyst for global change. He said India will organise G20 meetings in different states and cities and our guests will get a full experience of India's amazing diversity, inclusive traditions and cultural richness.

 

The next G20 Summit will be held on the 9th and 10th of September in New Delhi.