Page 5 - G20 Summit

India is proud to put voice of Global South on G20 agenda: PM Modi

The message from the second Voice of Global South summit is that the Global South wants its autonomy and is ready to take big responsibilities in world affairs, Prime Minister Narendra Modi said on Friday. He made the remarks at the concluding session of the second virtual summit of the developing countries that was hosted by India. Talking about participation of leaders from around 130 countries in the summit, Modi said the message that came out from it is that the Global South is ready to take big responsibilities in global affairs and that it wants autonomy. The message from Voice of Global South Summit is that Global South wants its voice in global governance, Modi said in Hindi. He said India is proud to have the opportunity to put the voice of the Global South on the agenda of a forum like G20. "I am confident that the priorities of the Global South will be taken forward and strengthened during Brazil's G20 presidency," he said. Modi said India will keep working towards the

Deep fake is a big concern: Prime Minister asks ChatGPT to give warning

India will be organising the 'Artificial Global Partnership Summit' next month to discuss the need for responsible use of technology, particularly in the realm of AI

Global South existed geographically, getting voice for first time: PM Modi

Prime Minister Narendra Modi made the remarks while addressing the inaugural session of the 2nd Voice of Global South Summit held virtually on Friday.

G20 virtual summit on November 22 will remain a stocktaking exercise

This will be the first time leaders from the G20 nations will gather twice during the year to assess the progress made since the main meeting

Momentum must be maintained on New Delhi Leaders' Declaration: FM on G20

Finance Minister Nirmala Sitharaman on Monday said India's G20 Presidency has provided a clear policy direction for addressing the needs of the majority of the global population whose voices are often unheard in multilateral forums. "However, we still have work left to do," the minister said in an inaugural address at the Seminar on 'Strong, Sustainable, Balanced and Inclusive Growth', organised by the ministries of finance and labour, and the commerce department. On December 1, 2022, India assumed the mantle of G20 Presidency. The G20 New Delhi Leaders Declaration (NDLD), unanimously agreed to by all G20 countries, addresses some of the pressing challenges confronting the global economy and also provides policy guidance for a future built on people-focused principles and trust-based partnerships, Sitharaman said. "Even though by the end of this month, our role as G20 Presidency comes to an end, momentum must be maintained on the policy guidance in the New Delhi Leaders' ...

India's G20 Presidency opens doors for global investment: MoS Finance

India's G20 Presidency has opened doors for global investment and sustainable economic growth, Minister of State for Finance Pankaj Chaudhary said on Saturday. Under the able leadership of Prime Minister Narendra Modi, significant developments were made with world leaders, he said at an event organised by PHD Chamber of Commerce and Industry. "India's G20 presidency has opened doors for global investment. We know that the G20 will support the financial sector in ensuring sustainable economic growth and the stability of financial markets," he said. Speaking on digitisation, he said, the development of digital infrastructure is an important step in enhancing trade and commerce in the country. The adoption of digitalization in our capital markets have increased efficiency, transparency and accessibility, he said. Further, he said, by reducing intervention and embracing technology, we can improve the integrity and security of our capital markets. Over the past few years, especially a

Nothing can be seen in isolation: Om Birla stresses multilateralism at P20

The Ninth G20 Parliamentary Speakers' Summit (P20) was inaugurated by Prime Minister Narendra Modi on Friday

India had successful P20 presidency: European Parliament's Pekka Hakala

"India is really a wonderful country and had a very successful presidency, not only on the G20 but also on the P20," Hakala said

LS Speaker meets EU Parl VP, protests resolution on India's internal issues

Lok Sabha Speaker Om Birla on Saturday lodged a strong protest with European Parliament Vice President Nicola Beer over its resolution on India's "internal issues". Birla told the European Parliament Vice President that every nation and Parliament is sovereign and internal issues of other countries should not be discussed by others. In July, the European Parliament had adopted a resolution calling on the Indian government to act "promptly" to halt the violence in Manipur and protect religious minorities. "Birla underlined India's sovereignty and protested against bringing a proposal in the European Parliament on India's internal issues," the Lok Sabha Secretariat said in a statement. India had dubbed the July resolution "unacceptable" and "reflective of a colonial mindset". Birla invited the European Parliament vice president to witness the festival of democracy during Indian general elections scheduled for next year. Beer congratulated Birla for a successful P20 Summit and empha

VP meets Prez of Inter-Parliamentary Union Duarte Pacheco on P20 sidelines

Lok Sabha Speaker Om Birla met Speaker of Turkey's Grand National Assembly Numan Kurtulmus

G20 ministerial for swift implementation of roadmap to deal with crypto

The G20 Roadmap on Crypto Assets adopted by the G20 Finance Ministers was spelt out in a Synthesis Paper prepared jointly by the International Monetary Fund (IMF) and Financial Stability Board (FSB)

India promoting participation of women in every sector: PM at P20 summit

Prime Minister Narendra Modi on Friday said India is promoting participation of women in every sector with almost 50 per cent of the elected representatives in local self-government institutions being women. The recent law on granting one-third reservation to women in the Lok Sabha and state assemblies will further enrich the country's parliamentary tradition, he said addressing the inaugural session of the ninth G20 Parliamentary Speakers' Summit (P20) here. Prime Minister Modi also said that India has more than 900 TV channels in 28 languages to provide real-time information to people and more than 33,000 different newspapers are published in about 200 languages. He emphasised the huge flow of information and the level of freedom of speech in India. "In this world of the 21st century, this vibrancy of India, unity in diversity, is our greatest strength. This vibrancy inspires us to fight every challenge and solve every difficulty together," he said. In his address, ...

Global leaders voice terrorism concerns at P20, applaud PM Modi's remarks

The leader also applauded Prime Minister Narendra Modi's remarks at the P20 Summit, where he emphasised the issue and recalled the terror incidents against India

Canadian Senate speaker absent from G20 Parliamentary Speakers' Summit

On Thursday, Ministry of External Affairs spokesperson Arindam Bagchi said that India has extended invitation to all members for P20

G20 FMCBG releases joint communique adopting roadmap on crypto assets

While welcoming the G20 IEG rpt on strengthening MDBs, the communique said that transformative changes are required in MDBs' vision, operating models and financing capacities

Canadian Speaker Raymonde Gagne skips G20 Parliamentary Speakers' Summit

Amid a diplomatic row, Speaker of the Canadian Senate Raymonde Gagne has decided to skip the Presiding Officers' Summit of Parliaments of G20 nations that began here Thursday. Gagne had earlier confirmed her presence at the Parliament-20 meeting chaired by Lok Sabha Speaker Om Birla. "The Canadian Speaker is not attending the Summit. Schedules keep changing," Parliamentary sources said. Earlier, Birla had said he would raise "several issues" in his informal talks with the Speaker of the Canadian Senate. India, Canada relations have nosedived after Prime Minister Justin Trudeau's allegations last month linking Indian agents to the killing of Khalistani extremist Hardeep Singh Nijjar in June. India had dismissed the allegation as "absurd". The P20 meeting got underway on Thursday with Parliamentarians of G20 nations participating in the Parliamentary Forum on LiFE (Lifestyle for Environment), a movement proposed by Prime Minister Narendra Modi.

PM Modi to inaugurate P20 Summit on Oct 13, discuss critical global issues

Prime Minister Narendra Modi will inaugurate on Friday the meeting of Presiding Officers of Parliaments of G20 member nations that will deliberate on critical global issues such as gender equality and transforming lives through public digital programmes. Lok Sabha Speaker Om Birla will kick-start the three-day summit on Thursday by chairing a Parliamentary Forum on LiFE (Lifestyle for Environment), a movement proposed by Modi to advocate sustainable lifestyles to safeguard the environment. The Parliamentary Forum on LiFE will bring together parliamentarians from G-20 nations, along with invited countries and international organizations, to deliberate on strategies for advancing sustainable lifestyles and combating climate change, a Lok Sabha Secretariat statement said. This forum holds significance, serving as a platform for parliamentarians to exchange insights and successful approaches in the promotion of sustainable living, it said. The President of the Pan African Parliament wi

India keen to engage with IMF to purse G20 agenda on resource mobilisation

Finance Minister Nirmala Sitharaman on Wednesday expressed India's keenness to engage with IMF to work with developing countries in facilitating domestic resource mobilisation as endorsed by G20 leaders. Last month, G20 New Delhi Leaders' Declaration urged IMF and the World Bank, in coordination with other relevant international institutions, to support efforts at enhancing domestic resource mobilisation in emerging market and developing economies (EMDEs). During the meeting with International Monetary Fund (IMF) managing director Kristalina Georgieva on the sidelines of the Annual Meetings of IMF-WB, in Marrakech, Morocco, Sitharaman thanked IMF for support during the G20 India Presidency, including Digital Public Infrastructure (DPI) related work and promotion for tech-driven economic growth and productivity gains. She also appreciated IMF's role with regard to policy work for crypto assets and the related G20 roadmap for global coordination within and beyond G20 countries, the .

Deteriorating security situation highlights value of Vasudhaiva Kutumbakam

The deteriorating security situation around the world, including the escalating violence in the Middle East, runs contrary to the concept of one world, one family, and the current times of division and distrust underscore the importance of India's philosophy of 'Vasudhaiva Kutumbakam', eminent speakers have said. Delivering the keynote address at the International Conference on 'Vasudhaiva Kutumbakam' at the UN headquarters on Tuesday, the President of the Indian Council for Cultural Relations (ICCR), Dr Vinay Sahasrabuddhe, said that the philosophy cannot be seen as a standalone doctrinal approach of India, but it is inherent to the country's world view. "It is historic that Vasudhaiva Kutumbakam is being discussed where it requires to be discussed. And the times are also such that we need to discuss this. In fact, there is perhaps no better way to articulate the organisational mission of the United Nations than Vasudhaiva Kutumbakam," he said at the conference organised by the ...

India, UK looking at possible visit of PM Sunak to New Delhi soon

India and the UK are looking at a possible visit to New Delhi by British Prime Minister Rishi Sunak soon but it may finally depend on whether the two sides could resolve the remaining differences to firm up the much-awaited free trade agreement (FTA), people familiar with the matter said on Monday. The two sides were exploring the possibility of having the visit around October 28 but nothing has been finalised yet, they said, suggesting that the visit is linked to the finalisation of the ambitious FTA. The two sides are learnt to have finalised around 24 of the 26 chapters in the FTA and are now looking at sealing it by bridging differences on certain contentious issues, including mobility of people and import duty concessions on certain items, they said. It is learnt that both sides were even looking at the possibility of Sunak watching the India-England World Cup one-day international cricket match in Lucknow on October 29. There is no finality on the visit, the people cited abov