G20 Summit outcomes under India's Presidency will "bear fruitful results" for the world



G20 Summit outcomes under India's Presidency will
The opportunity to host the G20 is a great one for India, and the frameworks created while it held the presidency will "bear fruitful results for the entire globe," according to Union Minister Pralhad Joshi. India held the G20 Presidency for the first time last year, guiding member nations' debates and activities on problems relating to general macroeconomic difficulties, trade, sustainable development, health, agriculture, energy, environment, and anti-corruption. For India, hosting the G20 is a significant, historic, and defining occasion.
"The agenda is for the global good, for the good of the earth, for the sustainable future of the earth and that's why our slogan for G20 is 'One Earth, One Family, One Future'. Mission LiFE is a very important part of it. "Prime Minister Narendra Modi has focussed on sustainable development of economies and has said that this is not the time for any war. His thoughts have been accepted and appreciated globally," Joshi, who also holds the portfolio of the parliamentary affairs ministry, said. The outcome of the three-day summit will no doubt bear fruitful results for the entire world, he said.
On the positioning of India, Joshi said, "The country has emerged as a leader over the last few years under the leadership of the PM, and what India says today, the world listens to it and endorses it." India fulfilled an important responsibility at the global level during Covid by supplying domestically manufactured vaccines and other necessary medicines to various countries to combat the crisis, Joshi said. The Group of Twenty (G20) member countries include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkiye, United Kingdom and United States) and the European Union. The G20 members represent around 85 percent of the global GDP, over 75 percent of the global trade, and about two-thirds of the world population.