WHAT IS G20 G20 is an intergovernmental forum comprising 19 countries and the European Union. G20 was founded in 1999 in response to several world economic crises. G20 accounts for 80% of world trade, 90% of GWP, 92% OF R&D. G20 covers two- third of the world population and approximately half of the land area. The G20 Presidency steers the G20 agenda for one year and hosts the Summit The G20 consists of two parallel tracks: the Finance Track and the Sherpa Track .
India’s PRESIDENCY Priorities in g20 Background image Source : https://oecd-development-matters.org/2022/12/05/india-at-the-helm-of-the-g20/
INDIA’S ROLE FOR MILLET India is encouraging millet consumption globally. Supporting research and development Creating a global millet network Improving food security Enhancing farmers’ livelihoods Addressing malnutrition Reducing greenhouse gas emissions Background picture source: Google Images
Reasons to bring millets to the market
Graph of Millet production in India from (2011-12 onwards) Source: https://t20ind.org/research/mainstreaming-millets-in-g20-countries/
MILLETS EXPORT DATA OF LAST TWO FINANCIAL YEAR SOURCE:- Mainstreaming Millets in G20 Countries Through Integrated Behavioural and Policy Shifts | ORF (orfonline.org)
Benefits to India India has the potential to become the leading exporter of millets to G20 countries. Millets have emerged as a key solution to addressing food security, and are imported by many G20 countries. The G20 opens the gate to consider crop diversification and introducing millets into agriculture and diets. It creates many entrepreneurs in our country. Currently India holds only 20% of the market share in the millet market globally. Background picture source: Google
G20 helps INDIA in :- E nergizing of the international economy. A vailability of greater resources for development. E xpansion of tourism. G lobal workplace opportunities. S tronger food security through millet production and consumption. A deeper commitment to biofuels are among the prominent outcomes of the G20 Summit that will benefit the entire nation. Reaching to global south market by adding the African Union in G20. CONCLUSION Background picture source: abpnews.com