Union Minister Anurag Thakur attended the second G20 Finance and Central Bank Deputies (FCBD) meeting in Bengaluru on Wednesday and said that the theme of G20 reflects the importance that India places on collaborative efforts to address global challenges. Since its inception, the G20 has proven its mettle in forging consensus in times of crisis, he said.
Minister Anurag Singh Thakur said the G20 can contribute significantly to finding a solution to global challenges such as climate change and geo-political tensions.
"I would like to reiterate what PM Modi had said, 'Today's era is not of war. Diplomacy & dialogue is the way forward'. This explains India's position on the Ukraine war," Anurag Thakur said as quoted by news agency ANI.
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Speaking at the inaugural session of the G20 Second Finance and Central Bank Deputies (FCBD) Meeting here, he noted that the theme of India's G20 Presidency is ‘Vasudhaiva Kutumbakam’ (one earth, one family, one future).
The world is facing the lingering effect of the Covid-19 pandemic, issues around food and energy security, and inflation, worsening climate change and geo-political tensions, the Union Minister for Information and Broadcasting, and Youth Affairs & Sports said in his address.
He pointed out that the impact of these crises can affect the progress of key developmental paradigm. “The G20 can make a significant contribution to finding pragmatic solutions to these challenges through a focused and thoughtful dialogue and deliberations,” he told the gathering.
The theme ‘Vasudhaiva Kutumbakam’ reflects the importance India places on collaborative efforts to address global challenges, the minister said.
(With PTI inputs)