India’s G20 presidency will be inclusive, decisive, action-oriented: Modi

India will make the G20 a “catalyst for global change” and its presidency of the group in 2023 will be inclusive and action-oriented, Prime Minister Narendra Modi said on Wednesday amid persisting differences among the world’s largest economies over Russia’s invasion of Ukraine.

As the G20 presidency was handed over to India by Indonesia, Modi said the country will work for collective action on global challenges such as food and energy security. Indonesian President Joko Widodo banged a gavel and symbolically handed it over to Modi to mark the change of presidency at the closing session of the G20 Summit in Bali.

In an address at the closing session, Modi noted India is taking charge of the G20 at a “time when the world is simultaneously grappling with geopolitical tensions, economic slowdown, rising food and energy prices and the long-term ill-effects of the pandemic”. He congratulated Widodo for his “efficient leadership” of the G20 in difficult times.

Speaking in Hindi, he said: “At such a time, the world is looking at the G20 with hope. Today, I want to assure that India’s G20 presidency will be inclusive, ambitious, decisive and action-oriented.”

“Together, we will make the G20 a catalyst for global change,” he added.

In an apparent reference to global tensions and divisions triggered by the Ukraine conflict, Modi said future generations won’t be able to take advantage of economic growth without peace and security.

“The G20 has to convey a strong message in favour of peace and harmony. All these priorities are fully embodied in the theme of India’s G-20 chairmanship – ‘One Earth, One Family, One Future’,” he emphasised.