Naya Bharat, nayi umeed-Creating new international economic order

Let me start with a Quote by Swami Vivekanada… Take up one idea. Make that one idea your life; dream of it; think of it; live on that idea. Let the brain, the body, muscles, nerves, every part of your body be full of that idea and just leave every other idea alone. This is […]

Let me start with a Quote by Swami Vivekanada…
Take up one idea. Make that one idea your life; dream of it; think of it; live on that idea. Let the brain, the body, muscles, nerves, every part of your body be full of that idea and just leave every other idea alone. This is the way to success, and this is the way great spiritual giants are produced.

The Idea is G20:-
The G20 summit, being held at Bharat Mandapam has been an astute visual treat that embraced Bharat & its Santana roots.
A 28 feet tall Nataraja statue that adorned the entry point of Bharat Mandapam is testament to India’s purity and brilliance. The mandapam also presented a ‘Culture Corridor’; that brings the best and the most valuable artefacts’ from all the 29 countries in one space signifying the essence of Vasudhaiva Kutumbakam — the theme of the G20.
The speech by PM Modi as President of G 20 in the opening session endorsed our true Vedic spirit of ownership, empowerment, sense of duty & overcoming trust deficit.
India’s Presidency of G20 will go down in history as one of the most inclusive, culturally vibrant as well as goal-oriented events that have taken place so far. The event helped in showcasing India’s push for development, ensuring ease of living through use of technology and bringing peace in all parts of India.

The G20 event has held 220+ meetings, in 60 Cities with 25,000+ delegates from more than 115 countries across the world. The event has stayed true to its message of ‘Vasudhaiva Kutumbakam’ as it had the largest participation from the ‘African Union.

Key Takeaways from G20 Summit

African Union inducted
Trust deficit that has risen in recent years has to overcome by greater cooperation between member countries of G 20.
Comprehensive rail and shipping connectivity network announced linking US, India, Saudi Arabia & Gulf and Arab states, and European Union.
Delhi Declaration has been adopted with China and Russia in agreement to it. It called on nations to uphold international law, including territorial integrity and sovereignty, international humanitarian law, and the multilateral system that safeguards peace and stability.
PM Modi announced the launch of Global Biofuel Alliance to boost the use of cleaner fuels. It was affirmed that this alliance will accelerate global efforts to meet net zero emissions

• This helped in showcasing India’s inclusive growth across various sectors.
• Deccan High-Level Principles on Food Security and Nutrition
• Chennai High-Level Principles for Blue/Ocean Economy
• Goa Roadmap for Tourism
• Gandhinagar Implementation Roadmap for land restoration.
• Jaipur Call for Action to enhance MSMEs access to information.
• Delhi summit inclusion of African union as permanent member of G-20.

India’s Leadership in a Fragmented World (Message of Unity)
Significant Achievements from G20 meeting:–
• To ensure this climate finance has been set up so that developed countries to meet the USD 100 billion goal signaling towards an ambitious New Collective Quantified Goal (NCQG) beyond 2025
• India showcased the various steps taken to ensure provision of women oriented healthcare and increase in opportunities for women through access to bank accounts. India also showcased increased participation of women in STEM.
• India showcased how technology can be used for ‘Minimum Government, Maximum Governance’. The digital economy helped in creating new job opportunities and uplifting people from multidimensional poverty.
• MDB reforms: Strengthen, Evolve, Raise ambition of MDBs; Expert Group Report (Vol I)
• Crypto Assets Roadmap; IMF-FSB Synthesis Paper
• G20 commitment to Common Framework for Debt Treatment beyond DSSI
• IMF quota review (December 2023)
• Multilateral reform – UNGA 75/1 (UNSC) reference
• Condemning and countering terrorism
• India sets the Economic Agenda, Empowers Global South
• Adoption of principles of LiFE
• Using technology for governance
• Access to quality healthcare equitably
• Promotion of Millets ensuring food security
• Reducing land degradation,
• Skilling of youth to meet future proof them
• Increased inclusive participation in the labor force
• Women empowerment
• Building of disaster resilient infrastructure
Our PM Narendra Modi has called for the above Points to be implemented.

Let’s see what the New Mechanisms are 
• The G20 event also witnessed the push for promotion of Start-up ecosystem across the world and use of alternate fuels to reduce dependency on fossil fuels. Discussion of alternate fuels such as Hydrogen, ethanol blending and faster adoption of renewable energy
• India has showcased one of the most includes G20 event with the participation of African Union
• Display of Technology to bring in transparency and accountability in governance while ensuring participation and delivery of welfare to the last mile
Let me give you an overview of Past Presidencies…comparison.
India was able to bring out 91 lines of efforts and presidency documents which is more than the previous G20 presidencies till 2017.
73 outcomes (lines of effort) and 39 annexed documents (presidency documents, not including Working Group outcome documents).
With 112 outcomes and presidency documents, Bharat has more than doubled the substantive work from previous presidencies.
• 2x-5x number of outcomes and annexed documents as compared to previous presidencies.
The Indian Presidency of the G20 has been the most ambitious and action oriented in all of G20 Presidencies
Most significant message of India’s G20 legacy was of HUMAN CENTRIC APPROACH. The increase in social security by provision of homes for the homeless, banking the unbanked, giving access to clean drinking water and toilets, have piqued interest of countries that have participated, as it showcased the scale and speed with which it was delivered.
Day 2 began with Gandhigiri.They bow to Mahatma.Symbols, Substance & Spirit. As the #G20Summit2023 winds down today, India can congratulate itself for pulling off a remarkably successful summit with several tangible takeaways
Special kudos to #G20 Sherpa Shri Amitabhkantji who steered the summit to a successful conclusion, working 24/7 for months to get all countries on board for the Delhi Leaders Declaration.
«Historic agreement for a new India-Middle East-Europe Economic Corridor.»
U.S., India, Saudi Arabia, UAE, France, Germany, Italy and EU finalized a historic agreement for a new India-Middle East-Europe Economic Corridor.
This project is about more than just laying tracks.
This is a game-changing regional investment.
India passes the gavel to the President of Brazil, Mr.Luiz Inacio Lula da Silva
PM Narendra Modi assured…”We have unwavering faith that they will lead with dedication, vision and will further global unity as well as prosperity.
India assures all possible cooperation to Brazil during their upcoming G20 Presidency.»
PM Modi also cited a Sanskrit shloka, praying for hope and peace in entire world.
India has set a Landmark Precedent for #G20Summit by setting an agenda for One Earth, One Family, and One Future.
This was a collective & collaborative effort of Government of India & along with States Bureaucrats under Visionary & Dynamic leadership of our PM Narendra Modi.
Under his guidance, the world witnessed an extraordinary feat at #G20Summit: #NewDelhiLeadersDeclaration achieved a remarkable 100% global consensus, featuring 112 outcomes and presidency documents—2.5 times more impactful than prior presidencies.
Adding to this momentous occasion, the inclusion of the African Union as a permanent member of the G20 paves the way for diverse global perspectives.
Furthermore, the launch of the Global Biofuels Alliance signifies a commitment to sustainable energy, while the Partnership for Global Infrastructure and Investment and the India-Middle East-Europe Economic Corridor exemplify Shri Modi Ji›s vision for interconnected, prosperous economies.
This summit has indeed etched its name in history, reflecting India›s influential role on the global stage.
Salutations to our Brave warriors .