India takes over G20 presidency for 2023 — details here

As the Bali summit came to an end on Wednesday, Indonesia handed over the G20 presidency to India for the next year. India will officially assume G20 Presidency from December 1, 2022 till November 30, 2023. Taking over the presidency, Prime Minister Narendra Modi said, "It's a matter of pride for every citizen in India".

"In the next one year, it will be our endeavour that G20 works as a global prime mover to give impetus to collective action...Together we will make G20 a catalyst for global change," PM Modi said at the closing session of the G20 Summit in Bali.

As part of its presidency, India will host 200 G20 meetings which will be organised in different states and cities in India, PM Modi said.

The conversations are likely to focus on inclusive, equitable and sustainable growth; LiFE (Lifestyle For Environment); women empowerment, digital public infrastructure and tech-enabled development in areas ranging from health and agriculture".

PM Modi said women-led development will be a priority in the G20 agenda.

At a session on digital transformation, PM Modi had strongly pitched for a pledge by the G-20 leaders to work for bringing digital transformation into the life of every human being in the next 10 years so that no person is deprived of the benefits of the new technologies. He said the principle of "data for development" will be an integral part of the overall theme of India's upcoming G-20 Presidency.

The other key areas to be discussed are education, commerce, skill-mapping, culture and tourism, climate financing, circular economy, global food security, energy security, green hydrogen, disaster risk reduction and resilience, developmental cooperation, fight against economic crime and multilateral reforms, the MEA had said in a press release in September.

In September, Union Health Minister Mansukh Mandaviya had also listed out India's plan during its G20 presidency. He said that at India would like to speak about health emergencies prevention, preparedness, and response; strengthen cooperation in the pharmaceutical sector and digital health innovation

 

The theme of India's G20 Presidency is “Vasudhaiva Kutumbakam” or “One Earth One Family One Future”.

"The theme affirms the value of all life – human, animal, plant, and microorganisms – and their interconnectedness on the planet Earth and in the wider universe," the government said.

India G20 Logo (Credit: PIB)

The G20 Logo draws inspiration from the colours of India’s national flag – saffron, white and green, and blue. "It juxtaposes planet Earth with the lotus, India’s national flower that reflects growth amid challenges. The Earth reflects India’s pro-planet approach to life, one in perfect harmony with nature. Below the G20 logo is “Bharat”, written in the Devanagari script," the PIB said.

PM Modi said India's G20 logo has been inspired by the lotus and represents "our strong beliefs. We have given a message of peace and non-violence with this logo and theme."

The G20 is a forum of the world's major developed and developing economies. It comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US, and the European Union (EU).

Together, they account for over 80 per cent of the global GDP, 75 per cent of international trade and two-thirds of the world population

The handing-over ceremony was held at the conclusion of the two-day G20 summit in Bali, Indonesia. The summit ended with the member states finalising the joint declaration. Foreign Secretary Vinay Kwatra was quoted by PTI as saying that India has contributed 'constructively' to drafting of G20 'outcome document'.