Page 20 - NIS English 1-15 October, 2023

Proof of India's diplomatic prowess

Consensus on summit announcements

The G-20 summit of the world's most powerful countries is widely considered as the most
successful, with record results thus far. The historic declaration of the New Delhi Summit,
led by Prime Minister Narendra Modi, with the mantra of Vasudhaiva Kutumbakam, i.e., One
Earth, One Family, One Future, stunned the entire world by revitalising the G-20. The inclusion
of the African Union sent a message to the rest of the world that the G-20 has evolved into
a support organisation for developing and backward countries. Global leaders praised PM
Modi's efforts, saying it demonstrates India's diplomatic efficiency.

t is the result of India's positive diplomatic efforts that the Joint Declaration was issued
Iand a consensus was reached among all the member countries. The original document
of the Declaration adopted unanimously in New Delhi can be read at https://static.pib.
gov.in/WriteReadData/specificdocs/documents/2023/sep/doc202399250001.pdf

Highlights of the G20 Leaders' Declaration Startup20 Collaborative Group: Start-ups and
MSMEs are natural growth engines of economic
growth. Promoting innovation and creating jobs
Strong, sustainable, balanced
is the key to bringing about socio-economic
and inclusive growth
Global Economic Situation: Cascading crises change. Decision to constitute and continue
have posed challenges to long-term growth. the Startup20 Partnership Group under the
Economic growth has been uneven. It is still chairmanship of India.
important to maintain monetary and fiscal Unlocking trade for growth: We will support
coherence. The importance of private enterprises policies that enable trade and investment so that
in bringing about economic transformation was they can be engines of growth and prosperity for
acknowledged. all people. Reiterate the need to pursue WTO

18 New India Samachar October 1-15, 2023