India’s role critical in setting economic agenda for world for next year as G20 president: Govt emissary

Mumbai: Amitabh Kant, India’s G20 Sherpa or emissary of the Indian government at the summit, on Monday expressed that India which assumed the presidency of G20 early this month, will set the economic agenda for the world for next year in event of severe economic and geopolitical crisis due to the Covid pandemic and subsequent Russian invasion of Ukraine.
India has taken over the G20 presidency at a time when the world is passing through extreme economic and political turmoil on account of the Covid pandemic followed by the Russia-Ukraine war, he told reporters before the first Development Working Group Meeting here.
“Around 70 countries are facing severe debt crises. There is a severe energy and food crisis, more than two million people have lost their jobs, and over 20 million people have gone below the extreme poverty line,” Kant noted.
“In this challenging situation, India’s role becomes critical in finding a solution to these issues. From being followers of economic agendas in the past, we will be able to set the economic agenda for the world for the first time in the next year, from December 2022 to December 2023,” he added.
UNI