India takes over G20 presidency from Indonesia; to formally assume cost from Dec 1

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Indonesia President Joko Widodo handed over the G20 Presidency to India on the closing ceremony of the seventeenth intergovernmental summit in Bali on Wednesday. India will formally assume the G20 presidency on December 1. Prime Minister Narendra Modi stated on the closing G20 session that taking up the presidency of G20 is a second of satisfaction for each Indian citizen and LIFE– Life-style for Atmosphere will play an vital function. 

The Prime Minister additional stated that in its stint because the G20 chair, India will organise meets in numerous states and cities of the nation and make it a catalyst for world change. 

He added that women-led improvement might be a focus of the G20 agenda in 2023. Moreover this, he stated that India will work collectively with different G20 nations towards bridging the digital divide. PM Modi stated, “The precept of ‘knowledge for improvement’ might be an integral a part of the general theme of our Presidency “One Earth, One Household, One Future.” 

International secretary Vinay Kwatra stated India has contributed ‘constructively’ to the drafting of the G20 ‘end result doc.’ The G20 grouping includes India, Australia, Argentina, Brazil, China, Canada, Russia, Saudi Arabia, Germany, France, Mexico, Indonesia, Italy, Japan, South Africa, Turkey, the UK, the US, the Republic of Korea, and the European Union. 

The G20 Summit befell on November 15 and 16 in Bali, Indonesia. It’s a discussion board for worldwide financial cooperation and represents 85 per cent of the worldwide GDP, over 75 per cent of the worldwide commerce and two-thirds of the worldwide inhabitants.

Additionally learn: G20 Summit in Bali LIVE: ‘Taking on G20 presidency matter of satisfaction for each Indian, says PM Modi

Additionally learn: Rishi Sunak-led UK govt approves 3,000 visas for Indians per 12 months beneath new scheme

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