The just lately concluded G20 summit held in Indonesia’s Bali had two vital outcomes which made each Indian joyful and proud. The first was trivial – India took presidency of the G20 for 2023. But it’s the second final result that holds extra significance – strengthening of Prime Minister Narendra Modi’s place as a thought chief.

The latter final result is clear from the truth that the joint declaration on the finish of the summit had vital point out of all ideas and observations made by Prime Minister (PM) Modi throughout his deal with.

PM’s views present that voice of India can’t be ignored

As the two-day summit got here to an finish, the world’s main economies appeared to have echoed with India’s tackle international points, which included the continuing Russia-Ukraine battle. The last declaration of the G20 summit resonates with the views put ahead by PM Modi that this isn’t an period of battle, which showcases that voice of India on the international entrance can now not be ignored.

Strongly pitched in his deal with, PM Modi urged the G20 members to indicate “concrete and collective resolve” to make sure peace and safety on the earth.

India additionally performed a serious position in addressing the problems of sustainable improvement, multilateral reforms and mutual co-operation of nations by means of a pandemic fund that goals to assist the growing and underdeveloped nations to deal with the aftermath of Covid, which turn out to be part of the official communique of the worldwide discussion board. India has made a contribution of $10 million on this regard.

Whenever there are international points like Russia-Ukraine battle, the world appears to be divided into teams and never arriving at any consensus to deal with them. At Bali, PM Modi’s emphasis on diplomacy and dialogue proved to be the ice-breaker and fashioned consensus among the many nations which ensured that the G20 discussion board doesn’t flip right into a political battleground for the world economies.

India’s G20 presidency can be inclusive, bold & decisive

On the sidelines of the summit, PM Modi additionally held intensive discussions with international leaders on key challenges equivalent to reviving development, making certain meals and power safety, and addressing points associated to well being and digital transformation. He asserted that India’s G20 presidency can be inclusive, bold, decisive, and action-oriented.

As India is making ready itself to host G20 summit in 2023, the nation will see numerous conferences of the discussion board in numerous cities and states over the following yr. PM Modi welcomed the world leaders to witness India’s wonderful variety, inclusive traditions, and cultural richness.

He additionally appealed to the G20 leaders for making certain that the advantages of digital transformation attain everybody and are usually not restricted to small teams.

While giving the instance of India’s push for digitalisation, PM Modi mentioned about 40% of transactions within the nation have already been achieved by means of digital platforms and the federal government has opened at the very least 460 million new financial institution accounts on the idea of digital id, which has made India a worldwide chief in monetary inclusion at this time.

(The writer is chief patron of NID Foundation and chancellor, Chandigarh University. Views expressed are private)