What Is G20 Presidency: A Success Ladder For India Tourism

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India tourism has a visible growth which we all can see in 2023 and the G20 Presidency is a fantastic chance for India to promote itself to the world as a complete travel destination.

Also, the growing global interest in visiting India, and the nation’s status as the origin of naturopathy, traditional medicine, spirituality, and yoga, among other things, are providing opportunities for the Indian tourist industry to flourish like never before.

There are various factors that lead to the positive recovery of the tourism industry after the pandemic era, one of which is the G20 Presidency, which India is holding for the year 2023.

What is G20 Presidency?

The Group of Twenty (G20) is the most significant intergovernmental platform for global economic cooperation. It is crucial in creating and improving global governance & architecture for all major global economic concerns.

India undertook Indonesia’s G20 Presidency on 1st December 2022 as a result, India is holding the G20 Presidency from 1st December 2022 to 30th November 2023.

The Group of Twenty (G20) is made up of 19 nations: Argentina, the Republic of Korea, Australia, Brazil, South Africa, Canada, France, Germany, Italy, Japan, Mexico, Russia, China, Turkey, UK, USA along with EU.

The G20 members account for nearly two-thirds of the world’s population, over 75 percent of global trade, and 85 percent of the world’s GDP. The troika, or past, present, and future presidents, provide assistance for the organisation, which without a dedicated secretariat. The Troika in 2023 is made up of Indonesia, Brazil, & India.

India will serve as the G20 Summit’s rotating presidency in 2023. This summit wrapped up a year-long series of meetings, with Bengaluru, Chandigarh, Thiruvananthapuram, Lucknow, Guwahati, Indore, Rann of Kutch Chennai, Kolkata, Jodhpur, Khajuraho, Mumbai, Pune, Surat, and Udaipur among the probable host cities from December 2022 to February 2023.

G20 India

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What are the two main tracks of G20-

The Finance Track, which is for finance ministers & central bank governors, and the Sherpa Track are the two main engagement tracks for the G20. The Sherpas, who are designated as personal envoys of member-nation leaders, oversee the G20’s activities.

These Sherpas are in charge of managing the talks that take place all year long, planning the summit’s schedule, and directing the G20’s actual work. Working groups for each track have representatives from pertinent organisations to handle particular themes.

Best towns and villages to visit in IndiaBest towns and villages to visit in India

What is the theme of India’s G20 Presidency-

Vasudhaiva Kutumbakam, which translates to “One Earth, One Family, One Future,” is the theme for India’s G20 presidency. The Maha Upanishad, an old Sanskrit scripture, serves as its primary source of inspiration in this.

The core message of the subject emphasizes the significance of all life including humans, plants, animals, and microorganisms as well as how interdependent they are both on Earth and beyond the universe.

The theme also perfectly embodies LiFE (Lifestyle for Environment), a movement that emphasizes the significance of environmentally sound and responsible lifestyle decisions on both a personal and a national level for the development of a cleaner, greener, & bluer future.

India is on a mission to create a shared global future for all as it takes the G20 Presidency, focusing on the LiFE movement and the Amrit Kaal initiative, which aims to encourage environmentally responsible behaviour and a sustainable way of life.

India is committed to promoting a rules-based order, peace, and equitable growth for all with a defined strategy and a development-focused approach. India’s agenda & the 6 thematic goals of India’s G20 leadership will be strengthened by the 200+ events scheduled in the run-up to the 2023 Summit, which are:

  • Green Development, Climate Finance & LiFE
  • Accelerated, Inclusive & Resilient Growth
  • Accelerating Progress on SDGs
  • Technological Transformation and Digital Public Infrastructure
  • Multilateral Institutions for the 21st century
  • Women-led Development

It is important to highlight that the Indian government is promoting green initiatives to encourage responsible tourism in the nation. In addition, the government intends to guarantee funding for green investments in small enterprises as well as to create jobs.

How G20 Presidency is Beneficial for Indian Tourism-

In order to maximize this chance for India to exhibit its tourism potential, the hospitality sector and other government agencies has been ordered to put out their best efforts to create unforgettable experiences for all inbound tourists.

G20 India

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A government statement claims that over 12,300 representatives from over 110 different nations have already attended G20-related meetings, making India’s G20 Presidency one of the most engaging ever.

India’s G20 Presidency supports efforts by the government and other organizations to market India as a top tourist destination. With increasing bookings and a significant increase in hotel room prices, India’s G20 presidency, which has included 100 meetings, is strengthening the domestic tourism and hospitality sector.

The Indian hotel business will benefit by hosting world leaders, their staff, and representatives of the foreign media for these summits. According to the Hotel Association of India, approximately 3 lakh rooms will be needed in India for G20 meetings.

India has a fantastic opportunity to increase its prominence on the global platform by holding the G20 Presidency. One of the largest sectors in India, tourism contributes 250 billion USD to the GDP yearly. The improvement of the tourism industry during India’s G20 Presidency can help the industry expand internationally and help the country have a bright future.

Every person who travels to India to attend the G20 summit should be converted as an ambassador for the nation’s tourism industry, according to Prime Minister Narendra Modi. He has given instructions to the officials to present themselves in the best possible light while also making the most of the opportunity to showcase India as a great destination to the world.

What is the theme of India’s G20 Presidency?

Vasudhaiva Kutumbakam, which translates to “One Earth, One Family, One Future,” is the theme for India’s G20 presidency.

India is holding the G20 Presidency from?

India undertook Indonesia’s G20 Presidency on 1st December 2022 as a result, India is holding the G20 Presidency from 1st December 2022 to 30th November 2023.

G20 is made up of which nations?

The Group of Twenty (G20) is made up of 19 nations: Argentina, the Republic of Korea, Australia, Brazil, South Africa, Canada, France, Germany, Italy, Japan, Mexico, Russia, China, Turkey, UK, USA along with EU.


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