Eminent economist Prof Nicholas Stern, who led the 2006 ‘Stern Review’ on the Economics of Climate Change, after discussions with Prime Minister Narendra Modi on July 9, tweeted, “Next year’s G20 in India will be a turning point.” Prof Stern believes the world needs to think of development beyond the limited and skewed economic and financial sense, and more along the lines of human development.
Under PM Modi’s leadership, India is uniquely placed to push for sustainable growth and inclusive development through G20 presidency, especially when the world leaders are faced with the challenge of making an economic recovery post Covid-19 crisis. The PM’s mantra of Sabka Sath, Sabka Vikas, Sabka Vishwas, Sabka Prayas is a call for inclusive, sustainable, human-centric development and a testimony to his unwavering belief in the need for holistic development.
During the Niti Aayog’s seventh General Council meeting held on August 7, the PM spoke about India’s G20 presidency in 2023 and called it a unique opportunity to show the world that India is not just Delhi—it is every state and Union Territory of the country. The PM said we should develop a mass movement around G20. This will allow us to identify the best talent available in the country. He also said there should be a dedicated team for G20 in the states to derive the maximum possible benefit from this initiative.
Taking forward the idea shared by the PM, Union Minister of External Affairs S. Jaishankar, said, “The G20 presidency presents a great opportunity and a great responsibility. For the first time in the history of G20, India will host the G20 meetings over the year, not only in Delhi, but in every state and Union Territory.”