The G20 Presidency of India in 2023: Achievements, Challenges, and Implications

Abstract

The G20, a forum of major economies, plays a pivotal role in shaping global governance and responding to pressing global challenges. India, as the presidency holder in 2023, assumed a significant leadership role in steering the group's agenda. This research paper aims to analyse the achievements, challenges, and implications of India's G20 presidency in 2023.The main objectives of this study are to assess India's priorities and initiatives during its G20 presidency, evaluate the notable accomplishments, examine the challenges faced, and discuss the implications for global governance. The research methodology involves a comprehensive review of official G20 documents, analysis of India's policy statements, and interviews with key stakeholders. Our findings reveal that India's G20 presidency in 2023 made significant strides in various areas, including sustainable development, economic cooperation, and climate change mitigation. Notably, India championed initiatives focused on inclusive growth, digital governance, and sustainable infrastructure development. However, challenges such as divergent interests among member states and external pressures posed obstacles to the realization of certain goals. The impact of India's presidency on the G20's role in global governance and international relations is substantial. India's leadership provided impetus to ongoing discussions on crucial issues, emphasizing the importance of cooperation in an increasingly interconnected world. The presidency also shed light on the evolving dynamics of the G20 as it navigated complex geopolitical realities. India's G20 presidency in 2023 marked a notable chapter in the organization's history. While achieving significant milestones, it also faced challenges that underscored the complexities of global governance. The implications of India's leadership extend beyond the presidency year, shaping the G20's role in addressing the global challenges of the 21st century.