Indian voters are becoming increasingly dissatisfied with Prime Minister Narendra Modi's government due to high inflation and unemployment, however, Modi remains popular and is expected to comfortably win a third term in elections next year, according to a key survey. Opposition leader Rahul Gandhi's popularity has risen, and a new alliance called "INDIA" is predicted to perform well in the elections.
India's economy is experiencing consistent growth, and is predicted to become the fourth-largest economy within 18 months and the third-largest by 2028, driven by strong fundamentals and infrastructure development, while successfully reducing poverty; however, further reforms in areas such as patents, judicial, administrative, and process reforms are needed to boost economic growth.
Indian Prime Minister Narendra Modi has called on the people of Delhi to help ensure the success of the upcoming G20 Summit, despite the inconvenience they may face due to the presence of world leaders in the capital.
Prime Minister Narendra Modi emphasized the importance of heritage in driving economic growth and promoting international cooperation in his address at the G20 Culture Ministers' Meeting. He highlighted India's efforts to map cultural assets, promote traditional crafts, and preserve its rich cultural heritage.
India's G20 presidency has shaped its global future and brought the country to the forefront of the international stage, with discussions at the NDTV G20 Conclave focusing on energy transition, clean growth, digital economy, and India's rising global influence.
Billionaire Ray Dalio sees India as a promising investment opportunity due to its recent successful moon landing and projected 7% growth rate, describing it as having the right potential and leadership for growth similar to China in the 1980s. Dalio believes Indian prime minister Narendra Modi has the capacity to influence the world order. On the other hand, Dalio has become less optimistic about China and suggests a massive debt restructuring is needed. Other notable figures, such as Tesla CEO Elon Musk and Goldman Sachs, also express confidence in India's economic prospects.
India's External Affairs Minister, S Jaishankar, highlighted the importance of addressing the concerns of the global south in promoting economic growth and development during the B20 Summit, stating that India recognized the absence of the global south's voice in the G20 and took steps to rectify this by convening the Global South Summit.
Indian Prime Minister Narendra Modi warned that there is a risk of a "new model of colonialism" if nations with critical minerals do not see it as a global responsibility, as the race to secure resources for energy transition goals intensifies. Modi emphasized the need for cooperation in the face of uneven geographical diversification and export restrictions imposed by countries like China.
India's education and skill development minister, Dharmendra Pradhan, highlighted the nation's commitment to global well-being and its role as a laboratory for promoting common good during his address at the B20 Summit, emphasizing the importance of education and India's strengths in democracy, diversity, and critical sectors such as energy and agriculture.
India's G20 Sherpa Amitabh Kant outlines India's positive agenda for the country's presidency of the G20, with a focus on digital transformation, infrastructure building, and women-led development. India has made significant achievements in areas such as housing, sanitation, water supply, and digital payments, and aims to promote inclusive growth, accelerate sustainable development goals, take climate action, and prioritize technological transformation and women's empowerment during its presidency.
Prime Minister Narendra Modi emphasized the importance of mutual trust and democratic values as he called for investments in India and voiced concerns about disruptions in the supply chain due to the Covid-19 pandemic, indirectly criticizing China and cautioning against a new model of colonialism and the need for a global framework for cryptocurrency and ethical artificial intelligence.
Indian Prime Minister Narendra Modi has called for a global framework for regulating emerging technologies such as cryptocurrency and artificial intelligence, emphasizing the need for rules and regulations that do not belong to any one country or group of countries.
India's recent achievements and economic growth have positioned it as a rising global power, but the country must address its challenges in poverty, job creation, education, and inequality in order to fully realize its potential.
Indian Prime Minister Narendra Modi emphasized that the theme of India's G20 Presidency, 'Vasudhaiva Kutumbakam,' is not just a slogan but a comprehensive philosophy derived from the country's cultural ethos. He also highlighted the importance of including the African Union in the G20 and expressed his belief that India will soon be among the top three economies in the world. The G20 Summit, to be held in September, will see increased security measures with 1,500 Delhi Police personnel deployed outside the venue.
India is hosting the G20 Summit in 2023, leading to the beautification of Delhi and temporary train and flight cancellations.
Indian Prime Minister Narendra Modi has called for the United Nations to reform in order to reflect the realities of the 21st century and ensure the representation of important voices, ahead of hosting the G20 summit in India. Modi also expressed support for the African Union to become a full member of the G20.
Prime Minister Narendra Modi has emphasized the importance of financial discipline and warned against irresponsible financial policies and populist measures, stating that they may deliver short-term success but will have long-term social and economic consequences. He also expressed confidence in India's rise and outlined his vision for the country's development by 2047.
India has experienced political stability under Prime Minister Modi, leading to legal reforms, improvements in welfare systems, and infrastructure development, which has positioned the country for growth and influence in various spheres, including space exploration, sports, and entertainment, but challenges such as poverty, education, and employment still need to be addressed.
The G20, which is meeting in New Delhi, India, has seen a major shift in power dynamics over the past two decades, with the BRICS bloc now having a slightly higher combined GDP than the US, and EU countries accounting for around 20% of the G20's economic output.
India's hosting of the G20 summit highlights its growing power, but Prime Minister Narendra Modi's divisive religious politics threatens its rise.
India's G20 presidency may be seen as a failure in terms of achieving global consensus, but it has been successful in boosting India's image, promoting its leadership in the "global south," and enhancing the personality cult of Prime Minister Narendra Modi domestically.
Former Indian Prime Minister Manmohan Singh has stated that India has prioritized its sovereign and economic interests while advocating for peace, emphasizing the importance of being restrained in using foreign policy for domestic politics. He also commented on India's handling of the Ukraine-Russia conflict, urging the G20 to focus on policy coordination rather than security differences. Additionally, Singh expressed optimism about India's future but stressed the importance of maintaining a harmonious society that celebrates diversity.
India is hosting the G20 summit as Prime Minister Narendra Modi seeks to establish himself as a global leader, but activist Arundhati Roy criticizes the event as a vanity event for Modi and raises concerns about the treatment of minorities in India.
UK Prime Minister Rishi Sunak believes that the G20 leaders can address the enormous challenges facing the world and provide leadership, as he attends the summit in Delhi alongside Prime Minister Narendra Modi, who emphasized India's inclusive approach to the G20 presidency and proposed granting the African Union permanent membership.
Prime Minister Narendra Modi urged world leaders at the G20 Summit to overcome the "trust deficit" caused by war and emphasized the importance of finding new solutions to global challenges during his opening address. Additionally, he announced that the African Union has been granted permanent membership in the G20.
India is set to become a global AI powerhouse, as companies like Reliance Industries and Tata Group partner with NVIDIA to bring AI technology and skills to the country to address its greatest challenges.
The G20 leaders have adopted the New Delhi Declaration, emphasizing economic growth, sustainable development goals, green development, and multilateralism, while hailing Prime Minister Modi's leadership in shaping the G20 agenda.
G20 leaders have arrived in Delhi, India for the annual summit, where they will discuss global issues such as inclusive growth, digital innovation, and climate resilience.
The G20 in India will be remembered for its historic achievements, including bringing the African Union to the table and creating a global bio-fuel alliance, according to Union Minister Hardeep Singh Puri.
The International Monetary Fund's deputy director, Gita Gopinath, congratulates Prime Minister Narendra Modi on successfully hosting the G20 Summit in India, with the leaders discussing various crucial developments and signing a Memorandum of Understanding for the India-Middle East-Europe Economic Corridor.
India has successfully achieved its finance track objectives during its G20 presidency, including strengthening Multilateral Development Banks, creating a global regulatory framework for crypto assets, promoting financial inclusion through digital infrastructure, resolving debt for lower and middle-income countries, and financing sustainable cities, among other accomplishments, according to Finance Minister Nirmala Sitharaman.
India is considered a superpower in terms of population and is now ahead of China, according to Azali Assoumani, the chairperson of the African Union.
The 2023 New Delhi Summit of the G20 has been a success, with India demonstrating its ability to organize a global event; however, the summit's ability to produce substantial solutions to world problems, particularly the geopolitical crisis, is questionable. The summit managed to come up with a joint leaders' declaration, including language on Ukraine that accommodates all shades of opinion. The summit also focused on issues such as debt restructuring, climate change, renewable energy, artificial intelligence, and terrorism financing. However, the effectiveness of these actions will depend on whether countries actually implement them.
The G20 summit in New Delhi showcased India's growing economic and geopolitical influence, but also highlighted concerns about the country's Hindu nationalist government and its approach to press freedom as journalists were largely restricted from covering the event.
African Union Chairperson Azali Assoumani thanked Prime Minister Narendra Modi for his support in including the 55-nation African Union in the G20, calling India the "fifth superpower of the world" and praising its power and influence; he also expressed Africa's openness to investment from countries other than China.
India, along with the US and Europe, successfully countered China's global influence at the recent G20 summit, bolstering India's rising power and giving a boost to the US-led world order.
The G20 Summit hosted by India was regarded as a success for the Modi government, and US President Joe Biden emphasized the importance of human rights and the role of civil society and a free press in his discussions with Prime Minister Narendra Modi. Biden also expressed the desire for a stable relationship with China and praised Modi's leadership and hospitality.
The New Delhi Leaders’ Declaration highlights the commitment of the G20 countries to achieve global net zero emissions and triple renewable energy capacity by 2030, while also recognizing the principles of common but differentiated responsibilities and different national circumstances.
Superstar Shah Rukh Khan congratulates Prime Minister Narendra Modi for the success of India's G20 Presidency and praises India's ability to bring countries together and foster unity between nations for a better future for the world.
The Indian G20 Sherpa Amitabh Kant achieved a historic moment at the G20 Summit by securing 100% consensus on all issues, demonstrating India's ability to bridge between emerging markets and developed countries and bringing multilateralism back to center stage.
With the right reforms, India has the potential to become the next engine of global growth, benefiting from major economic re-alignments caused by China's slowdown and the US diversifying its supply chains. Major corporations are already investing in India, recognizing its potential. However, India needs to overcome challenges such as high tariffs, infrastructure improvements, and regional cooperation to fully realize its manufacturing potential and attract foreign investment.
Under PM Modi's leadership, India is uniting to achieve the vision of "One India Great India", with the country experiencing social, economic, and political transformation and making significant strides in various sectors such as agriculture, healthcare, and infrastructure.
