• 16 Jul, 2024

Why G20 is getting hosted by India

Why G20 is getting hosted by India

The G-20 in India 2023: A Turning Point in Global Diplomacy

g-20-1.png

The G-20, or Group of Twenty, is an international forum for governments and central bank governors from 19 countries and the European Union. It was established in 1999 to bring together major advanced and emerging economies to discuss and coordinate global economic policies. In 2023, India assumed the presidency of the G-20, marking a significant moment in its diplomatic history.

The G-20 presidency is a prestigious role, and it rotates among member countries annually. India's turn to host the summit came at a crucial juncture, as the world grappled with an array of pressing challenges, including the ongoing COVID-19 pandemic, climate change, economic inequalities, and geopolitical tensions. India's presidency presented an opportunity for the nation to demonstrate its commitment to addressing these issues and shaping the global agenda.

One of the key priorities of India's G-20 presidency in 2023 was addressing the economic aftermath of the pandemic. The COVID-19 pandemic had inflicted severe economic shocks on countries worldwide. India, with its vast and diverse population, faced unique challenges in managing the pandemic's impact. During its presidency, India focused on mobilizing resources to ensure equitable access to vaccines and medical supplies, recognizing that global health security is intertwined with economic stability.

g-7.jpg

India's presidency also emphasized the importance of sustainable development and climate action. The nation's ambitious plans to transition to renewable energy and reduce carbon emissions played a prominent role in the G-20 discussions. India aimed to foster collaboration among member nations to achieve climate goals and mitigate the adverse effects of climate change, particularly on vulnerable communities.

Furthermore, India's presidency sought to address the issue of economic inequality. The pandemic had exacerbated disparities within and between countries. India pushed for policies that would promote inclusive growth, such as initiatives to support small and medium-sized enterprises (SMEs), expand access to education and healthcare, and create jobs.

The G-20 summit in India was also a platform for diplomatic efforts to ease geopolitical tensions in the region. India used its presidency to engage in dialogues and negotiations aimed at promoting peace and stability. This included discussions on issues like the situation in Afghanistan and the Indo-Pacific region, where India played a pivotal role in advocating for a rules-based order.

The G-20 presidency in 2023 was not without challenges. Coordinating the diverse interests of member nations and achieving consensus on complex issues is a daunting task. India faced criticism on various fronts, from its domestic policies to its stance on certain international matters. However, the presidency allowed India to showcase its ability to navigate these challenges and build diplomatic bridges.

g-1.jpg

In conclusion, India's G-20 presidency in 2023 was a significant moment in its diplomatic history. It provided an opportunity for the nation to take a leading role in addressing pressing global issues, including the aftermath of the COVID-19 pandemic, climate change, economic inequality, and geopolitical tensions. India's presidency highlighted its commitment to multilateralism and its capacity to contribute to shaping the global agenda. As the world continues to grapple with complex challenges, the G-20 remains a vital forum for international cooperation and coordination. India's role as a host nation underscored its growing influence on the global stage and its commitment to finding solutions to shared challenges.

g-6.jpg

 

 


The G-20 Summit in Delhi brought together leaders from the world's major economies to discuss pressing global issues. However, hosting such a high-profile event comes with a set of restrictions and impacts on the host city.

Security Measures:
Hosting the G-20 Summit required stringent security measures. Delhi was turned into a fortress with the deployment of thousands of security personnel, road closures, and restricted airspace. These measures were essential to ensure the safety of the world leaders and the success of the summit. However, they inconvenienced local residents and disrupted daily life.

Traffic Disruptions:
With many roads closed to facilitate the movement of dignitaries, traffic congestion became a significant issue. Public transportation schedules were altered, and commuters faced delays and diversions. Businesses located near summit venues also suffered as customers had difficulty reaching them.

Economic Impact:
While hosting the G-20 Summit can be a significant economic boon, the restrictions had mixed economic impacts on Delhi. On one hand, hotels, restaurants, and local businesses experienced a surge in revenue as delegates and journalists flocked to the city. On the other hand, the disruption to normal economic activities, particularly for small businesses and street vendors, meant that some suffered financial losses during the summit.

Environmental Concerns:
The security measures and increased traffic during the G-20 Summit had environmental consequences. The heightened security required additional energy consumption, and the increased vehicular movement added to air pollution. Delhi, already grappling with severe air quality issues, faced even greater challenges during the summit.

gs-9.jpg

Global Diplomacy:
On a positive note, hosting the G-20 Summit provided India with an opportunity to showcase its diplomatic prowess on the global stage. The event allowed for important discussions and agreements on key global challenges, such as climate change, trade, and healthcare. India's role as the host nation gave it a platform to shape global policies and demonstrate its commitment to addressing pressing global issues.

In conclusion, while hosting the G-20 Summit in Delhi brought about various restrictions and challenges, it also had its advantages. The event underscored India's growing influence on the world stage and facilitated important global discussions. However, the inconveniences faced by local residents and businesses, as well as the environmental impact, should be carefully considered in future planning for such high-profile international events.