After centuries, we are clawing back some of our heft in the world: Sanjeev Sanyal

economictimes.indiatimes.com:

Sanjeev Sanyal, Member, Economic Advisory Council-PM, says “not only in decades, but even in centuries, we are in some ways clawing back some of our heft in the world. After a very, very long time, India counts for something in the world economy. Both of these things are coming together at the time that we are hosting the G20. As a result of that, this is a real opportunity for India to help set the global agenda, to show leadership and so on.”
Sanyal further says: “We are truly going through a renaissance like the Europeans went through a renaissance in the 1500s. In every field of human endeavour, suddenly Indians matter. We are even managing to throw javelins further than everybody else. Who knew that a few years ago? We are managing to land on the moon.”

What is the importance of hosting the G-20 summit this year? Especially for India, this summit is happening at a scale that has never been done before but the scale at which we are attempting to integrate with the world on trade and commerce also have never been done before. Help us understand the importance of it all.
First of all, it is an opportunity for India to show global leadership at a particular juncture in history for both the world and for India. So notice that we have come out of the Covid crisis, because of which the years – 2020, 2021 and 2022 – were totally disrupted. 2022 was a little bit better and the Indonesia leadership summit did work out but those three years were very disrupted.

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