Decisive G20 not possible without support of members, says Amitabh Kant | The Financial Express

Decisive G20 not possible without support of members, says Amitabh Kant

Kickstarting the first meeting of the G20 Sherpas here, Kant also highlighted India’s initiatives such as Aadhaar, Unified Payments Interface (UPI) and direct benefit transfer that have helped lift a vast population above the poverty line.

Decisive G20 not possible without support of members, says Amitabh Kant
Kant said the issue notes on 13 working groups have already been circulated among the participants. (File photo: IE)

India’s G20 Sherpa Amitabh Kant on Monday made a strong pitch for working together through hope, harmony and healing to deal with the global challenges, with a focus on developing countries and the Global South whose voice is often unheard. Kickstarting the first meeting of the G20 Sherpas here, Kant also highlighted India’s initiatives such as Aadhaar, Unified Payments Interface (UPI) and direct benefit transfer that have helped lift a vast population above the poverty line. Kant said the issue notes on 13 working groups have already been circulated among the participants.

The notes address concerns such as accelerated, inclusive and resilient growth; accelerating progress on sustainable development goals, particularly health and education, climate finance, technological transformation and digital public infrastructure.

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“We will be in the listening mode as you guide us and as we get your perspective,” Kant said. On Sunday, Kant flagged rising global debt, inflation and slowdown in growth, sharp differences over the Ukraine conflict as key challenges facing the world.

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Kant stressed that Prime Minister Narendra Modi has said that India’s Presidency would like to be inclusive, ambitious, action-oriented and decisive.“We will be, but that is not feasible nor possible without all of you. Therefore, we would like the support, positive and forward-looking support from all of you to make the G20 a very vibrant, very dynamic and a very positive group to drive global growth and global sustainability and digital transformation,” Kant said.

“The challenges that we face today can be solved only by working together through hope, harmony and healing and our first concern should be towards those whose need is greatest,” he said at the opening session of the deliberations focussing on technological transformation in the digital economy.

Kant said India’s G20 Presidency will seek to advocate the priorities of the developing countries and the Global South in addition to that of the G20 partners. “Our perspective is that we should have a win-win collaboration between all of us, developing countries, Global South, and advanced economies. We need to build new approaches, this is a unique form of both the developed world and emerging economies. We need to build approaches to benefit the world on key global issues,” he said.

Highlighting India’s initiatives on digital transformation, Kant said: “In the digital economy, we are focussing on digital public infrastructure, quite a bit on our experience of creating digital identities for everyone, creating bank accounts for everyone which has enabled us to lift vast section of the population above the poverty line through direct benefit transfer, and fast payments, we do a vast number of fast payments, we have created a vast number of public goods.” The first session of discussions on Monday will focus on technological transformation in the digital economy, health and education, while the second will be on green development and India’s Lifestyle for Environment (LiFE) initiative.

There will be three more sessions on Tuesday that will focus on accelerated, inclusive and resilient growth, multilateralism and food, fuel and fertilisers, women-led development, tourism and culture.

India formally assumed the G20 Presidency on December 1.India was handed over the presidency of the influential bloc at the end of the two-day G-20 summit in Bali, hosted by Indonesia last month. The next G20 Leaders’ Summit at the Heads of State/Government level is scheduled to be held on September 9 and 10 in New Delhi.

The G20 or Group of 20 is an intergovernmental forum of the world’s major developed and developing economies. It comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US and the European Union (EU). Together, they account for over 80 per cent of the global Gross Domestic Product, 75 per cent of international trade and two-thirds of the world population.

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First published on: 05-12-2022 at 15:27 IST