As the country prepares to host the summit of twenty nations next year in September 2023, it also has to tackle rising concerns of climate change and calls for the expansion of the group from other co
India has also been ranked amongst top 5 countries in the world and the best among the G20 countries, based on its Climate Change performance
Summit leaders deplore deplored Russia's war in Ukraine 'in the strongest terms'
PM Modi took over the "key" from Indonesian president Joko Widodo, India will officially assume the presidency of G20 on December 1
The leaders said they would step up efforts to implement the Common Framework for debt treatments in a "predictable, timely, orderly and coordinated manner"
Ahead of the G-20 summit in Indonesia, a WTO report on Monday said that the G20 countries introduced export restrictions at an increased pace during mid-May and mid-October 2022 in the back of global economic uncertainties. G20, a grouping of developed and developing nations, members include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Japan, Russia, the UK, the US, among others. It said that as of mid-October 2022, WTO (World Trade Organisation) members still had in place 52 export restrictions on food, feed and fertilizers, in addition to 27 export restrictions on products essential to combat COVID-19. Of these, it said 44 per cent of the export restrictions on food, feed and fertilizers, and 63 per cent of the pandemic-related export restrictions, were maintained by G20 economies. "In a context of economic uncertainty exacerbated by the COVID-19 pandemic, the war in Ukraine and the food security crisis, G20 economies between mid-May and mid-October 2022 .
Funds will be used to help countries prevent future pandemics; fundraising currently at $1.4 billion
Open-source Aadhaar and UPI will be two top digital public goods offered; govt trying to take QR-based authentication and payment services global following success of DBT, payment digitisation
In a few days from now, India will take over the presidency of G20. The country, which is being seen as a 'bright spot in the dark horizon', will hold the chair for one year starting December 1
India prepares to take over the G20 presidency
The former Niti Aayog chief executive said that climate change was another big crisis that the world faced, impacting larger nations, as well as threatening to submerge smaller island nations
The government may be tempted to showcase its own achievements. But it must resist this temptation
Ahead of India taking over the annual presidency of G-20 coming December, Union Finance Minister Nirmala Sitharaman on Tuesday said the grouping of the top 20 economies of the world has great potential to work towards the global public good. G-20 has a great potential to work towards global goods. When I say public goods, will also have to be made far more strengthened. India stack, for instance, can become a global stack. Efficient cross-border payments and cheaper remittances are all the benefits which we can derive out of it, Sitharaman told a think-tank here. Responding to a question during a fireside chat with eminent Indian American economist Eshwar Prasad at the prestigious Brookings Institute, Sitharaman said these are some of the areas in which she would want the G-20 to work together. We love to work together with them and get some good outcomes, she said. Observing that India is taking the G-20 presidency from Indonesia at challenging times, Sitharaman said India has been
A top Indonesian business and industry expert said a forum like G20 is becoming more and more important during these challenging times to address economic issues faced by developing countries
All government departments are preparing a workforce to host the G20, scheduled to start from December 1, where India's policies and positions on critical issues will be discussed
G-20 member nations must discuss all these issues irrespective of the conflict and arrive at certain principles to take the world forward
Indonesian President Joko Widodo has asked the parliaments of the Group of Twenty countries to strengthen cooperation to overcome the global crisis and promote world economic recovery
Thrust on developing the tourism industry will help India achieve the $5 trillion economy target faster
As India assumes the Presidency of the G20, External Affairs Minister S Jaishankar on Saturday said New Delhi will work with the group's other members to address serious issues of debt, food and energy security, even as he noted the concerns about stability and security in the Indo-Pacific region. As we begin the G-20 presidency this December, we are sensitive to the challenges faced by developing countries, Jaishankar said in his address to the high-level UN General Assembly session here. He told the 193-member UN General Assembly that India will work with other G-20 members to address serious issues of debt, economic growth, food and energy security and particularly, environment. "The reform of governance of multilateral financial institutions will continue to be one of our core priorities," he said. He also noted that the Indo-Pacific region too witnesses fresh concerns about its stability and security. His remarks came amidst China's aggressive actions in the strategically ...
Goyal said if multilateralism was imperilled, the world will not be left with many fora to promote dialogue and diplomacy