GLOBAL SOUTH IS LOOKING TO INDIA TO FIND WAYS TO DEAL WITH DEBT CRISIS
CONDUCIVE DIGITAL PAYMENT IS ANOTHER AREA WHICH NEEDS BIG ATTENTION
2023-03-31 12:23
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Global debt and recession are two major challenges afflicting many parts of the World, particularly the global south. India, which heads G 20 this year, has a great responsibility to work with member countries to find a solution to these problems. In this connection, India’s G20 Sherpa Amitabh Kant is right in suggesting the group, which accounted major chunk of world trade and income, should stay “non-political” if it had to focus on development and global challenges. Kant made this remark ahead of the crucial meet of G20 countries in the backwaters of Kumarakom, a scenic place in God’s own country, Kerala. On challenges around global debt and recession, Kant was candid in saying “one issue can’t hold back other things,” apparently referring to Russia-Ukraine war.