G20 2023 IN INDIA

INTRODUCTION

1. It was founded in 26, sep, 1999. The goal is to

coordinate global policy on trade, health
climate and other prominent issues as well as
promoting international financial stability.
Together, the nations of the G20 account for
almost 80% of the global economic output.
2. The 2023 G20 New Delhi summit was the
eighteenth meeting of G20 (Group of Twenty).
It was held in Bharat Mandapam International
Exhibition-Convention Centre, Pragati
Maidan, New Delhi on 9–10 September 2023. It
was the first G20 summit held in India.
 G20 COUNTRIES

• The members of the G20 are:

Argentina, Australia, Brazil,
Canada, China, France,
Germany, India, Indonesia,
Italy, Japan, Republic of
Korea, Mexico, Russia, Saudi
Arabia, South Africa, Türkiye,
The United Kingdom, The
United States, The African
Union and The European
Union.
 IMPACT OF G20 IN INDIA

1. India was successfully able to achieve consensus

around the New Delhi Declaration early on in
the G20 Summit.
2. which saw a dilution in the position taken by
the U.S. And EU on Russia, besides focus on
UN.
3. Sustainable Development Goals, climate action
and green development initiatives,
multilateral financing, digital public
infrastructure, artificial intelligence (AI), and
international taxation, among others.
 HOW G20 WORKS ?

• Financial track :
• Global economic growth
• Tax information exchange
• Financial regulatory reforms
• Financial inclusion
• Green finance
• Fossil fuel subsidies
 THEME OF G20 2023 IN INDIA

• Under the Indian Presidency, the G20 in

2023 will focus on the theme, ‘One
Earth, One Family, One Future’.
• The theme affirms the value of human,
animal, plant, and microorganisms and
their interconnectedness on planet
Earth and in the wider universe.
• The Indian Presidency will also spotlight
Lifestyle for Environment (LiFE).
 CONCLUSION

India’s role as the host nation for the G20

Summit in 2023 offers a remarkable
opportunity to influence global dynamics
and strengthen diplomatic ties. With its
economic significance, diplomatic
opportunities, and global leadership
aspirations, India is poised to make a
significant impact on the world stage.