What are the key challenges India faced during its G-20 Presidency
India's G-20 Presidency was challenging due to certain factors.
During India's G-20 Presidency, several key challenges were faced, including:
- COVID-19 pandemic: Dealing with the global health crisis was a top challenge. India had to navigate the economic and social impact of the pandemic, while also advocating for global cooperation in vaccine production and distribution.
- Global economic recovery: India had to address the economic fallout of the pandemic and lead efforts for a sustainable and inclusive recovery. This involved coordinating policies related to debt relief, trade, investment, and job creation.
- Climate change: India faced the task of highlighting its commitment to climate action while balancing it with its developmental needs. Negotiating agreements on mitigation, adaptation, and finance for developing countries were crucial.
- Digital governance: As a leader in the technology sector, India aimed to facilitate discussions on digital governance and bridging the digital divide. Resolving issues related to data privacy, cybersecurity, and digital infrastructure were priorities.
- Global trade and taxation: India aimed to address trade imbalances and promote fair and inclusive global trade. Negotiating issues related to global tax reform and ensuring fair taxation of multinational corporations were key challenges.
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