According to sources, India will host more than 200 meetings in 50 places across the country as New Delhi prepares to take over the G20 presidency for one year, from December 1, 2022, to November 30, 2023.
On December 1st of this year, India will take over as president of the Group of 20 (G20), an association of 19 major nations and the European Union.
According to a press announcement from the Ministry of External Affairs, India will be the Presidency in 2023 and will host the G20 leaders’ summit in New Delhi on September 9 and 10.
The meetings will take place, according to the insiders, at relatively exotic regions in India that are rarely travelled.
The goal of Jan Bhagidari activities is to connect all blocks and districts with the G-20 in order to spread the message to the general public.
The term “Jan Bhagidari” describes the involvement of citizens in local government. Only when the populace of the country believes that they are vital components of the government can it function effectively. Therefore, it is crucial that citizens participate in governance at all levels.
As it formally assumes the G-20 leadership on December 1st, India will also illuminate 100 monuments with the organization’s insignia.
Many people are optimistic that during her presidency, India would be able to significantly improve the current fragile geopolitical situation and the world economy.
Despite increasing external pressure, India has managed to retain cordial diplomatic relations with all nations and groups.
India’s presidency will also be fraught with economic difficulties.
Following the Covid-caused economic collapse, the world is now in a recession, and the Russia-Ukraine conflict, which has caused runaway inflation, has made supply chain problems even worse.
A significant obstacle has been encountered by global growth. While the world increased at 6% in 2021, it is anticipated that growth will slow to 3.2% in 2022 and then further to 2.7 % cent in 2023.
By the end of 2022, the worldwide inflation rate, which was 4.7% in 2021, is predicted to reach 8.8%.
However, India is anticipated to increase by 6.8% this fiscal year and by 6.4% in the next year.
For other countries to achieve comparable economic growth and stability, India serves as a model.
The G20 declaration, which mostly mirrored Indian viewpoints, promised to promote global macroeconomic stability by providing countries, especially underdeveloped ones, with a platform to strengthen their financial resilience.
Economic experts claim that India, a rising country, has a thorough understanding of the economies of middle-income and low-income nations. India can assist the G-20 in achieving its objective of strengthening financial resilience because of its distinct perspective.
The world’s nations and organisations have praised India’s economic model, which has promoted free, open marketplaces that give chances to even the most vulnerable people.
This is a momentous time for the G20 as well since a country that has always prioritised “communication and diplomacy” in its approach to international relations will now serve as the organization’s leader.
India has had substantial growth thanks to its diplomatic and economic strategies at a time when other economies have collapsed or are having difficulty.
Many believe that the world will substantially benefit from the Brand India strategy as India applies its tried and true tactics to the G-20 Presidency.