As an emerging economy, India has a strong presence in the Group of Twenty and greatly values the forum’s role in a globalised world. It also supports the German presidency’s G20 agenda. What’s Up, Germany? takes a close look at India’s priorities and expectations.
A TIME FOR ACTION
At the 2016 G20 Leaders’ Summit in China, Prime Minister Narendra Modi called for “a collective, coordinated and targeted action” to revive global economic growth. He stressed that our challenges and opportunities are common, and that collective action is the way forward.
India is committed to the G20’s goal of achieving a stable and inclusive global economy. It is keenly aware that economic growth, industrialisation, infrastructure and access to energy provide the foundations of development for any growing economy. As a developing nation, it has specific needs and priorities, which it plans to bring to attention at the 2017 G20 summit in Hamburg. India’s focus will be on structural reforms of the financial system, checking tax evasion to fight corruption, long-term investment in infrastructure, countering money laundering and financing of terrorism and encouraging trade.
India’s development policies are aligned with the Sustainable Development Goals (SDGs) laid out in the UN’s 2030 Agenda. It has launched numerous initiatives over the years, such as “Make in India”, “Digital India”, “Skill India”, “Swachh Bharat Abhiyan”, “Clean Ganga” and “Power for All”. Under the Copenhagen Accord, India pledged to reduce the emission intensity of its GDP by 20–25 per cent by 2020. In order to achieve this goal, it is seeking transfer of clean technologies from developed countries. But it will not agree to a timeline for eliminating fossil fuel subsidies. India’s other priority at the G20 is to enhance knowledge-sharing and improve food security without increasing water consumption to unsustainable levels.
India and Germany have been working closely for decades, including in the context of the G20 and the UN’s 2030 Agenda. A focus area of this partnership is Indo-German development cooperation in sustainable urban development, skill development and job creation, renewable energies and energy efficiency as well as environment and natural resources management. Germany continues to support the Indian government’s initiatives like “Swachh Bharat”, “Clean Ganga”, “AMRUT”, “Smart Cities Mission”, “Skill India”, etc. This strategic partnership can be seen on the global stage at the G20, where India and Germany—along with other G20 nations—stand together in their resolve to promote inclusive development. After all, critical issues cannot be solved in isolation. It requires dialogue, a strong resolve and united action. It requires the world to stand as one. And a strategic partner to have your back.