The worldwide platform for economic cooperation is the Group of Twenty or G20 for short. On all significant international economic issues, it plays a significant role in forming and strengthening global architecture and governance. Beginning on December 1, 2022, India will hold the G20 presidency until November 30, 2023. At the conclusion of the 17th G20 Summit 2022 in Bali on November 16, Prime Minister Narendra Modi officially accepted the baton from Indonesian President Joko Widodo for the country's presidency of the G20 in 2023 (the Group of 20 countries, which consists of 19 major economies and the European Union). India would be "inclusive, ambitious, resolute, and action-oriented" during its G20 presidency, according to PM Modi, who also detailed the G20 Theme. He predicted it will be India's goal for the G20 to "function as a global primary mover to spur collective action." As a result, at the G20 Summit in 2023, all G20 Member countries are required to collaborate.
India's election to the G20 chair has unmistakably announced the country's emergence as a major participant on the world scene. While the majority of nations, both developed and developing, have found it challenging to effectively handle the challenges posed by the Covid-19 pandemic and the Russia-Ukraine conflict, India has been able to successfully navigate the headwinds it has faced over the last three years thanks to its bold and visionary leadership and prudent policies.
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