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PM Modi Highlights Food, Fuel, and Fertilizer Crisis in Global South at G20 Summit

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PM Modi Highlights Food, Fuel, and Fertilizer Crisis in Global South at G20 Summit
19 Nov 2024
5 min read

News Synopsis

The two-day G20 Summit, hosted at Rio de Janeiro's Modern Art Museum, witnessed the participation of global leaders, including US President Joe Biden, Indian Prime Minister Narendra Modi, Chinese President Xi Jinping, French President Emmanuel Macron, and British Prime Minister Keir Starmer. The summit focused on addressing pressing global challenges, particularly those affecting the Global South.

Focus on the Global South: Food, Fuel, and Fertilizer Crisis

During his address, PM Modi highlighted the severe impact of food, fuel, and fertilizer shortages on the Global South, caused by ongoing global conflicts. He emphasized the need for G20 discussions to prioritize the challenges and concerns of these nations, ensuring their voices are heard and acted upon.

Advancing People-Centric Decisions Under Brazil’s Presidency

PM Modi praised Brazil for carrying forward the "people-centric decisions" initiated during India’s G20 presidency. The Indian presidency’s theme, "One Earth, One Family, One Future," continued to inspire discussions at the Rio summit, reflecting a commitment to sustainable and inclusive development.

Launch of Global Alliance to Combat Hunger and Poverty

A significant highlight of the summit was the launch of a global alliance aimed at combating poverty and hunger. Supported by over 80 nations, this initiative marked a collective stride towards global food security and uplifting vulnerable communities. PM Modi expressed India’s full support for this effort, reinforcing the nation’s commitment to global welfare.

India’s Contributions to Food Security and Poverty Alleviation

PM Modi outlined India’s achievements in combating hunger and poverty. Over the last decade, India lifted 250 million people out of poverty. The country provides free food grains to 800 million citizens and extends food security aid to Africa and other regions. Initiatives like the world’s largest crop insurance scheme and health insurance programs for millions of citizens further demonstrate India’s focus on inclusive development.

Promoting Sustainable Agriculture and Innovation

India’s commitment to sustainable agriculture was underscored through its emphasis on organic farming, climate-resilient crop varieties, and the promotion of millets (Sri Ann). Over 2,000 climate-resilient crops have been developed, complemented by the launch of the 'Digital Agriculture Mission' to integrate technology with farming practices.

Women-Led Development and Financial Inclusion

Highlighting women’s empowerment, PM Modi shared that over 300 million women micro-entrepreneurs have gained access to banking and credit facilities. Additionally, initiatives like health insurance for senior citizens and financial assistance for farmers reinforce India’s dedication to inclusive growth and social equity.

Reforming Global Governance Institutions

PM Modi called for reforming global governance institutions to amplify the voice of the Global South. He referenced the inclusion of the African Union in G20 during India’s presidency as a significant step towards equitable representation and decision-making.

A Vision for the Future: Back to Basics and Marching Forward

PM Modi concluded his address by advocating a dual approach of revisiting fundamental agricultural practices while embracing futuristic solutions. India’s achievements in natural and organic farming, combined with technological advancements, reflect this vision. By focusing on sustainability, nutrition, and food security, India continues to contribute significantly to global well-being.

India’s Continued Leadership on the Global Stage

PM Modi’s participation at the G20 summit underscores India’s role as a proactive contributor to global solutions. From addressing pressing challenges in the Global South to pioneering sustainable development practices, India remains committed to fostering a resilient and inclusive future.