G20 summit 2023- Know its theme, logo and significance

G20 summit 2023: The Group of Twenty (G20) will meet for the eighteenth time in 2023, with the summit likely to be held at New Delhi’s Pragati Maidan. India will retain the presidency beginning December 1, 2022, till the summit in the third quarter of 2023. The next summit will be India’s most high-profile international gathering to date. As the country prepares for the summit in 2023, India will host more than 200 events in major cities such as Delhi, Chennai, Kolkata, and Mumbai as part of the G20 Summit 2023.

India is part of the G20 Troika, which also comprises Indonesia, Italy, and the incoming G20 presidency. According to a statement provided by the Ministry of External Affairs, the troika will include three developing nations and emerging economies for the first time, giving them a stronger voice.

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G20 summit 2023 India

The Group of 20 strives to bring together world leaders on common economic, political, and health challenges. The G20 summit brings together finance ministers and chiefs of state from the member countries. The organization bills itself as the “primary forum for international economic cooperation.”

The G20 is a meeting place for the world’s top developed and emerging economies. Argentina, Australia, Brazil, Canada, China, France, Germany, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States, and the European Union are its members (EU). They account for two-thirds of the world’s population, 75% of global trade, and more than 80% of global GDP.

G20 Summit 2023 in India

During its presidency of the G20, which will begin on December 1, 2022 and end on November 30, 2023, India will host approximately 200 G20-related meetings across the country. Bangladesh, Egypt, Mauritius, the Netherlands, Nigeria, Oman, Singapore, Spain, and the UAE will be “guest countries” at the G20 Leaders’ Summit in New Delhi on September 9 and 10, 2023, the Ministry of External Affairs (MEA) stated on September 13.

Indian Prime Minister Shri Narendra Modi is now attending the 17th G20 Summit in Bali, Indonesia. On Monday, the Prime Minister spoke at a session on food and energy security. He will also participate in other important sessions on digital transformation and health.

G20 Summit 2023 India theme

The theme for India’s G20 presidency is “Vasudhaiva Kutumbakam,” or “One Earth, One Family, One Future.” According to the government, the theme recognises the value of all life—human, animal, plant, and microorganism—and their interconnectedness on Earth and in the broader world.

The G20 Theme represents India’s attempts to bring its vision of unifying the entire world in pursuit of a common goal and a brighter future to reality.

India will try to ensure that there is “just one world,” rather than a “first or third world.”

G20 Summit 2023 India Logo

The G20 Logo is based on the Indian flag’s saffron, white, green, and blue colors. “Planet Earth is compared to the lotus, India’s national flower, which represents triumph over hardship.” The Earth reflects India’s pro-planet ideology of living in total harmony with nature. “Bharat” is written in Devanagari script beneath the G20 logo, according to PIB. According to Prime Minister Modi, the lotus inspired India’s G20 insignia, which represents “our strong convictions.” We have transmitted a message of peace and nonviolence with our logo and concept.”

The Goddesses of Prosperity and Knowledge are both depicted sitting on a lotus flower in Indian mythology. shared wisdom that assists us in overcoming our obstacles Shared wealth that stretches all the way to the end. As a result, the Earth is also depicted on a lotus in the G20 logo.

Significance of india in G20 Summit 2023 

It is a fantastic opportunity for India to promote its image and ensure that each visitor returns mentally and spiritually rejuvenated after the summit.Furthermore, it will boost India’s standing and provide opportunities in a range of industries. The G20 is a major driving force in the global economy, accounting for 85% of global GDP, 75% of global commerce, and 90% of global patents. The G20’s deliberations and conclusions impact the world’s future.

The Presidency this year will be crucial because to variables such as continued global conflicts, the reorganization of global supply networks, the record-high level of global debt, and so on.

G20 Summit 2023 India FAQs