NAVIGATING GLOBAL CHALLENGES: INDIA'S INFLUENCE IN THE G-20

Abstract

India's G20 Presidency faces significant challenges, including a global economic downturn, geopolitical instability, and various pressing issues such as the COVID-19 pandemic, the Ukraine crisis, supply chain disruptions, cost of living concerns, and the impacts of climate change. Guided by the motto "Vasudhaiva Kutumbakam" (One Earth, One Family, One Future), India aims for a sustainable and globally interconnected growth strategy. The G20, as the premier forum for international economic cooperation, underscores the shared commitment of both established and emerging nations to collaboratively tackle global economic challenges. G20 Sherpa Amitabh Kant highlights the key challenge of reaching a consensus on the agenda during India's Presidency. Despite geopolitical hurdles, India remains committed to constructive dialogue and diplomacy on the G20 platform, as demonstrated in addressing Russia's aggression against Ukraine ahead of the Bali Summit. Minister of External Affairs S. Jaishankar emphasizes India's persistent and successful advocacy, citing the support for the UN General Assembly resolution on March 2, 2022. India seeks to leverage this momentum by fostering collaboration between Russia and the West on non-geopolitical issues, using the G20 as a cooperative platform to reaffirm commitments and encourage meaningful dialogue.