Since last November, when India took over the Presidency of G20, Indian cities have been adorned by G20 logos on billboards and streets. Events have been held in dozens of Indian cities in every state, making a global event a pan-India celebration. The G20 Presidency has helped showcase India’s breadth, diversity, and achievements before the world.
The last time India sought to play such a prominent role in global leadership was during the tenure of first Prime Minister Jawaharlal Nehru. India then projected itself as a voice of the Third World, was the architect of the Non-Aligned Movement, and played an important mediatory role during various conflicts.
India is in a much stronger position today and this time aspires to be the leader of Global South. India took over the Presidency at a crucial juncture when a war was being waged in Europe, climate change concerns, and indebtedness among poor countries were rising. Amid these challenges, India has managed to forge progress on a lot of contentious issues during its G20 presidency and even a consensus statement.
By the end of the G20 Presidency, there will have been over 220 meetings in 60 cities across all 28 states and 8 Union territories. More than 1 lakh participants from approximately 125 nationalities would have visited India. Over 1.5 crore individuals in our country have been involved in these programs or have been exposed to various aspects of them.
So what does the country have to show for its year-long efforts?
THE ACHIEVEMENTS
この記事は Beyond Market の September, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Beyond Market の September, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
IMPORTANT JARGON
TRANSITIONING SFBs TO UBs: RBI’s NEW GUIDELINES - The Reserve Bank of India recently issued new guidelines outlining the transition process for Small Finance Banks (SFBs) to become Universal Banks (UBs).
NAVIGATING INDIA'S MARKET WITH HOWARD MARKS
Howard Marks' focus on cycles and capital preservation translates to a defensive strategy for India's frothy market: prioritize cash, target undervalued sectors, and diversify
FINDING A BETTER FIT
Switch health insurers at renewal to keep benefits such as waiting period and bonus, but weigh drawbacks
SILVER SQUEEZE
Green tech boom strains supply, propelling silver as a sustainable investment
A PODCASTING FUTURE
India's podcast scene explodes with formats and listeners, primed for digital growth, with high-quality content reigning supreme
BOUNCING BACK WITH DOMESTIC FOCUS
Despite challenges, India's tyre industry remains optimistic about doubling revenue by 2032
HIGHWAY HICCUPS?
Slowdown in awarding highway projects, driven by industry factors and project complexities, pushes NHAI towards debt reduction and private partnerships for sustainable development
CONTENT CONQUEST
JIOCINEMA'S ULTRA-LOW PLAN SHAKES INDIA'S STREAMING SCENE, AIMING FOR AD REVENUE AND LEVERAGING STRENGTHS TO BECOME A BIG PLAYER
CAUGHT BETWEEN CAUTION AND GROWTH
RBI's draft on project financing seems to be a pre-emptive measure to prevent large defaults on infrastructure loans. However, in their current form, the requirements look onerous for banks
HOT OR HYPE?
India's 2024 IPO market sizzles with investor cash, but will it be a blockbuster or a box office flop? Valuation worries linger