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G20 South Africa YouTubeG20 South Africa YouTube14/12/2024
NEUTRAL

Priorities of India's G20 Presidency

Video Summary

The article is a transcript of a discussion on India's priorities during its G20 presidency, emphasizing accelerated inclusive, resilient, and sustainable global growth amid challenges like inflation and economic slowdowns to create more jobs. Key focuses include advancing the Sustainable Development Goals (SDGs), which are midway but regressing, by improving learning outcomes, health, and nutrition. It highlights pushing for enhanced climate action, greater private sector climate finance, and Prime Minister Modi's 'Lifestyle for Environment' (LiFE) initiative to promote behavioral changes for sustainability, receiving strong support from G20 countries. The speaker calls for restructuring post-World War II multilateral institutions to better address current needs, including sourcing private funding for SDGs and climate efforts. A major priority is women-led development to achieve gender parity within one generation, countering the World Economic Forum's estimate of 132 years, through reforms in education, nutrition, health, leadership positions, and financial policies to harness women's potential for global growth and equity. Additionally, the agenda promotes digital transformation via India's digital public infrastructure (DPI) model, such as Aadhaar for identity, Jan Dhan for bank accounts, UPI for fast payments, DigiLocker, and CoWIN during COVID-19, to benefit billions worldwide—addressing gaps where 4 billion lack identity, 2.5 billion lack bank accounts, and 133 countries lack fast payments—aiming to globalize this model for citizen empowerment and inclusive progress.