India is all set to take over the G20 Presidency from Indonesia at the end of the G20 Summit on November 15-16. India will officially assume the presidency of the intergovernmental forum on December 1, 2022. .
PM Modi’s coming to G20 is important because India is about to take the G20 Presidency from Indonesia, as far as Indonesia’s Presidency is concerned, India has continuously provided help to Indonesia, and the Indonesian government recognizes India’s cooperation too. The theme of India’s G20 Presidency is “Vasudhaiva Kutumbakam” or “One Earth One Family One Future.
The Prime Minister said G-20 is the premier forum for international economic cooperation representing around 85% of the global GDP, over 75% of the worldwide trade, and about two-thirds of the world population. Calling this a momentous occasion, the Prime Minister said the Presidency of G-20 during the year of Azadi Ka Amrit Mahotsav is a matter of pride for every Indian. The Prime Minister expressed happiness over the growing interest and activities about the G-20 and related events.