DNA Exclusive: Analysis and significance of India’s G20 Presidency

India will assume the presidency of the G20 on 1 December from Indonesia, the current president. The G20 or Group of 20 is an intergovernmental forum of the world’s major developed and developing economies. Prime Minister Narendra Modi on Tuesday unveiled the logo, theme and website of India’s G20 Presidency via video-conferencing. Addressing the launch event, PM Modi said, “India is ready to assume the G20 Presidency. It is a proud moment for 130 crore Indians.”

India will take over the chairmanship of the powerful grouping from the current chairman of Indonesia on December 1. The presidency of the G20 provides India with a unique opportunity to contribute to the global agenda on important issues of international importance.

In today’s DNA, Rohit Ranjan of Zee News will analyze the strengths of the G-20 group and its importance for India.

Addressing the launch event, PM Modi said, “I congratulate the countrymen on the historic occasion of India’s G20 Presidency. ‘Vasudhaiva Kutumbakam’ is a symbol of India’s compassion for the world. The lotus is India’s contribution in bringing the world together.” depicts cultural heritage and belief.”

The G20 summit will be held in Bali on November 15-16 and Modi is set to be among the top leaders to attend. During its G20 presidency, India will hold around 200 meetings in 32 different sectors at multiple locations across the country.

The G20 is the premier forum for international economic cooperation, representing approximately 85 percent of global GDP, more than 75 percent of global trade and nearly two-thirds of the world’s population.

This includes Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the European Union (EU). .

Watch today’s DNA for an in-depth analysis of India’s G-20 presidency and its significance.