In an interview that was published on Sunday, Indian Prime Minister Narendra Modi urged the United Nations to modernize in order to secure the participation of voices that matter.
According to Modi, who will host a summit of the Group of 20 major countries starting next weekend, a “mid-20th century approach cannot serve the world in the 21st century.” Using the G20 summit, which begins on September 9, Modi, the leader of the most populous nation in the world and a candidate for permanent membership on the U.N. Security Council, hopes to advance India’s standing and its objectives, such as debt relief for those who can no longer pay their debts. In the interview, he restated his support for the African Union joining the G20 as a full member.The two-day summit will include the highest-profile guest list ever for India, with participation from Saudi Crown Prince Mohammed bin Salman, French President Emmanuel Macron, German Chancellor Olaf Scholz, and US Vice President Joe Biden. Modi stated that it was crucial to ensure the representation of views and that international institutions needed to realize changing realities and reevaluate their goals.
India’s G20 leadership “also planted confidence seeds in the so-called third world nations.” The 72-year-old Modi claimed that thanks to India’s G20 presidency, it is now understood that anti-inflation measures taken in one nation do not affect others. India’s numerous poor people are particularly hard-hit by inflation.
According to a survey, economists expect price increases to exceed the central bank’s 6% cap until at least October. As a result, they have dramatically increased their inflation projections for this quarter.
In his call for international collaboration in the battle against cybercrime, Modi stated that “terrorists using the dark net, metaverse, and cryptocurrency to fulfill nefarious aims can have implications for the social fabric of nations.”
