India

Indian Presidency Kicks Off With First Significant G20 Meet

India’s G20 presidency begins with its first key meet in Udaipur, and the significance of the meet was focused on inflation, economic slowdown and debt within the global sphere.

Kicking off the first G20 meet yesterday on 4th of December 2022, India is going to hold more than two hundred meetings in fifty cities across thirty two different workstreams.

The first G20 Sherpa meeting witnessed leaders taking part in it under India’s G20 presidency on Sunday, Dec. 4, 2022 at Udaipur.

Among the challenges global economy is facing today, the grave ones are rising global debt, runaway inflation, loss of employment along with the slowdown in growth. India’s G20 presidency’s first meet had these issue on the centrestage where the officials from forty countries converged on Sunday with the beginning of the first Sherpa track.

The first official G20 event chose Udaipur as the location for the meet providing a “spirituality invigorating” as well as “mentally rejuvenating”  experience, as per the MEA officials. The focus of the discussions was chosen on “looking beyond the crisis” towards building new ways for improving livelihood as well as towards moving to an ambitious, inclusive, action oriented and decisive development strategy.

At the first panel discussion on ‘Transforming Lives: Accelerating Implementation of SDGs’, India’s G20 Sherpa Amitabh Kant says that there is a huge challenge before the world today where we are in the midst of a looming turmoil. World fraternity is passing through a massive geopolitical crisis and that can be in Europe. Amidst the breakdown of global supply chains, world witnesses seventy countries suffering from global debt along with huge crisis of climate change as well as the climate finance is to be worked on. On G20 platform challenges of health, literacy belonging to a vast segments of population below the poverty line are the major points of concern.”

 

Parijat Tripathi

Recent Posts

Medha Patkar Arrested By Delhi Police For Non-Compliance With Court Orders

On Friday, the Delhi Police arrested activist Medha Patkar after the Saket court in Delhi…

10 mins ago

Pakistan’s Defence Minister Admits Backing Terror Groups In Candid Interview

Pak’s long-denied role in supporting terrorism has come under scrutiny following a candid admission by…

52 mins ago

Kohli’s Composed Knock Powers RCB To 11-Run Victory Over Rajasthan Royals

RCB head coach Sanjay Bangar praised Virat Kohli’s composed 70, which helped RCB secure a…

59 mins ago

Bombay High Court Grants Kunal Kamra Protection from Arrest Over Controversial Remark

Kunal Kamra got arrest protection from the Bombay High Court over an FIR tied to…

1 hour ago

Amit Shah To Hold Meeting On Indus Water Treaty With CR Patil & Senior Officials

Union Home Minister Amit Shah will lead a meeting this evening at his residence in…

2 hours ago

India Tightens Stance On Pakistan Following Pahalgam Terror Attack

The Indian government has announced a series of decisive measures aimed at scaling down diplomatic…

2 hours ago