ekla chalo re (walk alone) policy. On 26 September 1999, the G20 was founded with this goal in mind. The world then was reeling from the Asian financial crisis.
There was a consensus that such situations could recur in the future, and that a forum for finance ministers and central bank governors from these 20 nations would be useful in dealing with them. This was a significant move because the G20 group accounts for 85% of global GDP. Is mission of this grouping a complete success? Certainly not.
The Russia-Ukraine conflict had left the G20 summit in Bali last year divided into two camps. This time, neither Russian president Vladimir Putin nor Chinese president Xi Jin Ping visited New Delhi. Long-standing tensions between countries are the harsh reality of our times.
The League of Nations, founded in 1920, and the United Nations, founded in 1945 with fresh resolutions following its failure, have yet to untangle these knots. What else would you expect from the G20, which is only 24 years old? Perhaps the question in your mind is: What is the immediate benefit of G20 meetings to India and Indians? It goes without saying that G20 meetings were held in 60 major cities around the country. This resulted in infrastructure development.
The central government alone had set aside ₹990 crore for this purpose. The state governments spent money in addition. I live in Noida, travel to Delhi for work, and frequently visit family in Agra or Varanasi.
The development that took place in all these metropolitan cities in one year not only made these cities more beautiful but also boosted people’s convenience. Another direct and indirect message emerged from this historic gathering. The G20 tourism group met in Srinagar from 22 to 24 May.
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