“G20 Summit 2023: India’s Moment to Shine on the Global Stage”

 Introduction

The G20 Summit is a global forum that brings together the world’s leading economies to discuss and coordinate on international economic and financial issues. The summit is held annually, and this year, India is the host country for the first time. The summit is scheduled to take place on September 9th and 10th at the newly built International Exhibition-cum-Convention Centre (IECC) complex, also known as Bharat Mandapam, in New Delhi’s Pragati Maidan. The summit is being held under the theme of "One Earth, One Family, One Future," and will focus on a range of global issues, including the economy, climate change, and food security.

G20 Summit 2023: Here's A Look At What G20 Summit Means For India

Theme

The theme of this year’s summit is “Building Resilient Economies,” which aims to address the challenges posed by the COVID-19 pandemic and promote sustainable economic growth.

Attendees

The G20 Summit will be attended by top world leaders, including US President Joe Biden and UK Prime Minister Rishi Sunak. The summit will focus on several key issues such as climate change, global trade, digital economy, and financial regulation.

Key issues that are likely to be discussed at the summit

The Global Economy

The global economy is facing a number of challenges, including rising inflation, supply chain disruptions, and the war in Ukraine. The G20 leaders will need to discuss how to address these challenges and ensure a sustainable and equitable recovery.

One of the key challenges facing the global economy is rising inflation. Inflation is currently at a 40-year high in many countries, and is putting a strain on household budgets and businesses. The G20 leaders will need to discuss ways to bring inflation under control, without derailing the economic recovery.

Another challenge facing the global economy is supply chain disruptions. The COVID-19 pandemic has disrupted supply chains around the world, leading to shortages of goods and services. The G20 leaders will need to discuss ways to improve the resilience of supply chains and avoid future disruptions.

The war in Ukraine is also having a significant impact on the global economy. The war has disrupted energy and food markets, and has led to higher prices for consumers. The G20 leaders will need to discuss ways to mitigate the impact of the war on the global economy, and to help Ukraine recover from the conflict.

Climate Change

Climate change is a major threat to the planet and its people. The G20 leaders will need to discuss how to accelerate the transition to a low-carbon economy and build resilience to the impacts of climate change.

The G20 countries are responsible for about 80% of global greenhouse gas emissions. The G20 leaders will need to make ambitious commitments to reduce emissions, and to invest in clean energy and climate adaptation.

The G20 leaders will also need to discuss ways to help developing countries adapt to climate change. Developing countries are more vulnerable to the impacts of climate change, and they need support to build their resilience.

Food Security

The war in Ukraine has disrupted global food supplies, leading to rising food prices and food insecurity in many countries. The G20 leaders will need to discuss how to address this crisis and ensure that everyone has access to affordable and nutritious food.

The G20 countries are major producers and exporters of food. The G20 leaders can use their influence to help increase food production and to ensure that food is distributed fairly.

The G20 leaders will also need to address the root causes of food insecurity, such as poverty, conflict, and climate change.

Other Issues

The G20 leaders will also discuss other issues, such as digital transformation, health, and sustainable development.

Digital transformation is having a profound impact on the global economy and society. The G20 leaders will need to discuss how to ensure that everyone benefits from digital technology, and to mitigate the risks of digital inequality.

Health is another important issue that will be discussed at the summit. The G20 leaders will need to discuss how to improve global health, and to prepare for future pandemics.

Sustainable development is a key priority for the G20. The G20 leaders will need to discuss how to achieve the Sustainable Development Goals, and to build a more sustainable future for the planet.

Preparations

The preparations for the summit are in full swing, and the Delhi Lieutenant Governor has inspected the preparations at Bharat Mandapam and Rajghat. During the G20 Summit, Bharat Mandapam will showcase diverse traditions from 29 countries, including India and special invitees to the G20. This display will encompass physical and virtual exhibitions, creating an immersive experience for visitors.


Conclusion

The G20 Summit Bharat is an important opportunity for the world's leading economies to come together and address the challenges facing the planet. The summit is expected to produce a number of commitments and initiatives that will help shape the global agenda in the years to come. The G20 leaders will need to act with urgency and ambition to address the challenges facing the world. They need to make bold commitments to reduce emissions, invest in clean energy, and help developing countries adapt to climate change. They also need to address the root causes of food insecurity, such as poverty, conflict, and climate change.

The G20 Summit Bharat is a critical moment for the world. The decisions made at the summit will have a lasting impact on the future of the planet. India’s hosting of the G20 Summit marks a significant milestone as it becomes the inaugural South Asian nation to host it. The summit provides an opportunity for world leaders to come together and discuss pressing issues that affect us all. With a focus on building resilient economies, this year’s summit aims to address the challenges posed by COVID-19 while promoting sustainable economic growth.

 References

1.     Bharat mata ki jai: Amitabh Bachchan amid debate over 'President of Bharat' reference on G20 invite (mid-day.com)

2.     Challenges and expectations surrounding the G20 Summit: EU and G7 seek stronger stance on Russia-Ukraine | The Financial Express

3.     India or Bharat? China interferes in India's internal affairs, mouthpiece lectures PM Modi ahead of G20 Summit (msn.com)

4.     'Bharat': Why a G20 invite calling India by its Sanskrit name is ruffling some feathers | CNN


Countdown To India's Significant G20 Moment; Time To Shine On Global Stage

Dr. Mayank Chandrakar is a writer also. My first book "Ayurveda Self Healing: How to Achieve Health and Happiness" is available on Kobo and InstamojoYou can buy and read. 

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