01. India’s G20 Presidency : A Success or Not? Are We a Vishwaguru orNot?
What is your Opinion : Yes or No?
Why is it so? = Pick Pointers for your arguments
| Yes | No |
|---|---|
| New Delhi Declaration = Consensus Document = A Diplomatic Triumph : VishwaMitra Moment - Showcased India’s unique ability to bring emerging markets and developed world together including China & Russia = Skillful Diplomacy | Document states only first principles and nothingremarkable e.g. “War against Ukraine” in Balideclaration became “War in Ukraine”. Most of thecommitments were weak, with G20 leaders promising tokeep doing what they have already committed to do. |
| Strong voice putting development & growth at centre stage - Voice for multilateralism and Global south : African Union included | India arrived at world stage a long time ago going backto 1950s - PM Nehru was person to resolve everythingfrom Suez Crisis to initial conflicts in Indo-China. Indiahas always had diplomatic heft. |
| Consensus on complexities of climate, energy and geopolitical issues. Growth, development, climate finance, multilateral institutions reforms, technology development, cryptoassets, DPIs, women empowerment for gender inequality, inclusive development at centre stage. | Extravagance when rampant poverty in country. TheG20 Summit may have ended in success for the Indiangovernment, but businesses in the capital city lostaround ₹1,000 crore in revenues amid the three-daypartial shutdown. Converted to Election Event - Political milage taken -PM’s larger than life image building as Vishwaguru. |
| Never seen before extensive outreach at a G20 = 220 meetings over 60 cities = People Centric, University Connect, Thinktank Connect, Civil Societies & Tourism Promotion = Millets, DPI, One District One Product gifts. Opposition CMs invited and events in opposition ruled states | Focus shifted from pressing national issues e.g. minorityissues. Same consensus building and spirit ofaccommodation and conciliation missing in Indianpolitics by government - LoP, Opposition MPs ofStanding Committees not invited. Not befitting of motherof democracy. |
| Announcement of IMEC Corridor - The combined GDP of the IMEC nations (including the EU as a bloc) is roughly $47 trillion, representing about 40 per cent of the world’s total GDP. | Flooding at Venues |
Some Additional Data Points You should know for opinion building :
The Group of Twenty (G20) comprises 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom and United States), the European Union and African Union.
The G20 members represent around 85% of the global GDP, over 75% of the global trade, and about two- thirds of the world population.
The G20 was founded in 1999 after the Asian Financial Crisis as a forum for the Finance Ministers and Central Bank Governors to discuss global economic and financial issues.
The G20 was upgraded to the level of Heads of State/Government in the wake of the global economic and financial crisis of 2007, and, in 2009, was designated the “premier forum for international economic cooperation”.
The G20 Summit is held annually, under the leadership of a rotating Presidency. The G20 initially focused largely on broad macroeconomic issues, but it has since expanded its agenda to inter-alia include trade, sustainable development, health, agriculture, energy, environment, climate change, and anti-corruption.
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Balanced Conclusion / Way Forward :
We should follow a development path so that others call us Vishwaguru, not we ourselves. But G20 New Delhi Declaration has definitely established us as “VishwaMitra : A friend of all”, by bringing emerging world and developed world together on complex matters from Climate Finance to reform of multilateral institutions.