India on Thursday formally took over the presidency of the Group of Twenty (G20), which rotates annually among members. Indonesian President Joko Widodo had officially handed it over to PM Narendra Modi at the end of the G20 summit.
PM Modi had said then that this was a "matter of pride" for Indians. On Thursday, PM Modi wrote in an editorial published in major Indian newspapers that India's G20 agenda will be "inclusive, ambitious, action-oriented and decisive".
He also called on member countries to make India's G20 presidency a time of "healing, harmony and hope". The theme of the Indian Presidency is 'One Earth, One Family, One Future', inspired by the Sanskrit phrase 'Vasudhaiva Kutumbakam'.
The G20 is a group of countries that meets to discuss plans for the global economy. The 20 countries account for two-thirds of the world's population, 85% of the world's economic output and 75% of world trade.
Every year, a different G20 member state takes over the presidency and sets the agenda for the meetings. India is expected to focus mainly on digital issues and reforms of multilateral financial institutions during its one-year term. At the summit in November, India had said it would work to bridge the digital divide, especially in developing countries.
"India's experience in recent years has shown us that digital architecture can bring about socio-economic transformation if we make it inclusive," PM Modi said at the summit in Bali.
In the editorial released on Thursday, PM Modi wrote: "We have used technology to create digital public goods that are open, inclusive and interoperable." He added that India's G20 priorities will be shaped in consultation with "our fellow travelers in the global south, whose voices often go unheard".
This is the first time ever that the G20 troika - the top grouping that consists of the past, current and next presidencies - is made up of developing countries: Indonesia, India and Brazil.
India will host the next G20 summit in New Delhi in September 2023.
He also called on member countries to make India's G20 presidency a time of "healing, harmony and hope". The theme of the Indian Presidency is 'One Earth, One Family, One Future', inspired by the Sanskrit phrase 'Vasudhaiva Kutumbakam'.
The G20 is a group of countries that meets to discuss plans for the global economy. The 20 countries account for two-thirds of the world's population, 85% of the world's economic output and 75% of world trade.
Every year, a different G20 member state takes over the presidency and sets the agenda for the meetings. India is expected to focus mainly on digital issues and reforms of multilateral financial institutions during its one-year term. At the summit in November, India had said it would work to bridge the digital divide, especially in developing countries.
"India's experience in recent years has shown us that digital architecture can bring about socio-economic transformation if we make it inclusive," PM Modi said at the summit in Bali.
In the editorial released on Thursday, PM Modi wrote: "We have used technology to create digital public goods that are open, inclusive and interoperable." He added that India's G20 priorities will be shaped in consultation with "our fellow travelers in the global south, whose voices often go unheard".
This is the first time ever that the G20 troika - the top grouping that consists of the past, current and next presidencies - is made up of developing countries: Indonesia, India and Brazil.
India will host the next G20 summit in New Delhi in September 2023.
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