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In area of development, G20 must effectively implement Sustainable Development Agenda 2030, ensure adequate funding for it: PM
In the area of global finance, G20 should focus on implementation of the decisions to restructure global economic institutions: PM
G20 should focus on greater collaboration between multilateral and regional financial institutions: PM
Our focus must be on rule-based global trading system, new trading blocs shall not lead to division of global trade regime: PM
We must speed up the completion of the Doha Development Agenda, says PM Modi
Our focus shall be on greater mobility of skilled professionals and creating a global skill force market: PM
G20's priorities should include successful outcome at COP21 based on principles of UN Framework Convention on Climate Change: PM
We must enhance research & development on clean & renewable energy to increase access, efficiency & affordability of clean energy: PM
G20 should promote stronger global action to address security challenges: PM Modi
G20 must press for early adoption of Comprehensive Convention on International Terrorism: PM Modi
BRICS economies will continue to be strong and stable and will remain a source of strength for the global economy: PM
India will continue to work closely with our BRICS partners in the spirit of mutual trust, respect and transparency: PM Modi

Excellencies, 

We can take pride in the economic initiatives of the BRICS. These will not onlystrengthen BRICS economies, but will also benefit the developing world.

As BRICS, we must place our priorities on the agenda and activities of G20.

One, in the area of development, G20 must place priority on

• effective implementation of Sustainable Development Agenda 2030 and ensure adequate funding for it.

Two, in the area of global finance, G20 should focus on

• Implementation of the decisions to restructure global economic institutions.

• Greater collaboration between multilateral and regional financial institutions.

• Enhanced long term finance for infrastructure in developing countries.

• Developing next generation, climate resilient infrastructure. This would also include converting waste into inputs for infrastructure.

• lower the cost of global remittances well before 2030

• close coordination on preventing corruption and cooperation on freezing of unaccounted money hoarded abroad and its repatriation.

Three, in the area of trade, we should focus on

• Strengthening the rule-based global trading system and ensuring that new trading blocs do not lead to division of the global trade regime.

• speeding up the completion of the Doha Development Agenda.

• promotinggreater mobility of skilled professionals and creating a global skill force market.

Four, in the area of climate change,G20's priorities should include

• a successful outcome at the COP21 based on the principles of UN Framework Convention on Climate Change, including the principle of common but differentiated responsibilities.

• Facilitate climate finance and technology transfer to developing countries.

• enhance research and development on clean and renewable energy to increase access, efficiency and affordability of clean energy.

• support development of next generation and climate resistant infrastructure.

• Support the India-proposed international solar alliance.

Five, G20 should promote stronger global action to address security challenges, including through

• comprehensive global strategy to put an end to finance, supplies and communication channels of the terrorists.

• stopping the flow of arms and explosives to terrorist groups.

• Creating special international legal regime to disrupt terrorist activities.

• cooperation in preventing the use of cyber networks by terrorist groups.

• early adoption of Comprehensive Convention on International Terrorism.

I am confident that BRICS economies will continue to be strong and stable and will remain a source of strength for the global economy.

Excellencies,

The Strategy for BRICS Economic Cooperation, which we endorsed in Ufa, is an important framework document.

The Contact Group on Trade and Economic Issues and Business Council should prepare a Work Plan for implementation of the Strategy in a time-bound manner.

Each BRICS member country should take the lead in at least two priority areas listed in the Strategy.

It would be appropriate if the first joint meeting is held during the Russian Chairmanship.

The joint sitting may also work on a Roadmap for Trade, Economic and Investment Cooperation till 2020.

Excellencies,

We hope that the New Development Bank will start its operations quickly. As I said in Ufa, its first project should be on clean energy, preferably across all BRICS countries.

We need to create a supporting mechanism, such as a New Development Bank Institute or NDBI, which should function as bank of ideas, a storehouse of experience and a knowledge powerhouse. It can also provide inputs for the Contingency Reserve Arrangements.

Excellencies,

India will continue to work closely with our BRICS partners in the spirit of mutual trust, respect and transparency.

I had shared some ideas at Ufa. These included trade fairs; agriculture research; railway research; digital initiative; energy efficient technologies; cooperation between states, cities and local bodies; promoting films and sports exchange.

We will be building upon them and putting more new ideas on the BRICS agenda.

We will work with you to further strengthen the institutional mechanisms of BRICS.

I look forward to seeing you in India for the 8th Summit next year.

Thank you.

Modi Govt's #7YearsOfSeva
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Climate change must be fought not in silos but in an integrated, comprehensive and holistic way: PM
November 22, 2020
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Climate change must be fought not in silos but in an integrated, comprehensive and holistic way: PM
India has adopted low-carbon and climate-resilient development practices: PM Modi
Smoke free kitchens have been provided to over 80 million households through our Ujjwala Scheme: PM Modi

Your Majesty,

Excellencies,

Today, we are focused on saving our citizens and economies from the effects of the global pandemic . Equally important is to keep our focus on fighting climate change. Climate change must be fought not in silos but in an integrated, comprehensive and holistic way. Inspired by our traditional ethos of living in harmony with the environment, and the commitment of my Government, India has adopted low-carbon and climate-resilient development practices.

I am glad to share that India is not only meeting our Paris Agreement targets, but also exceeding them. India has taken concrete action in many areas. We have made LED lights popular. This saves 38 million tons of Carbon Dioxide emissions per year. Smoke free kitchens have been provided to over 80 million households through our Ujjwala Scheme. This is among the largest clean energy drives globally.

There are efforts to eliminate single-use plastics; Our forest cover is Expanding ; The lion and tiger population is increasing; We aim to restore 26 million hectares of degraded land by 2030; And, we are encouraging a circular economy. India is making next-generation infrastructure such as metro networks, water-ways and more. In addition to convenience and efficiency , they will also contribute to a cleaner environment. We will meet our goal of 175 Giga Watts of renewable energy well before the target of 2022. Now, we are taking a big step ahead by seeking to achieve 450 Giga Watts by 2030.

Your Majesty,

Excellencies,

The International Solar Alliance is among the fastest growing International Organisations, with 88 signatories . With plans to mobilise billions of dollars train thousands of stake-holders, and promote research and development in renewable energy, the ISA will contribute to reducing carbon foot-print. One more example is the Coalition for Disaster Resilient Infrastructure.

18 countries - including 9 from among the G20 - and 4 international organisations have already joined the Coalition . CDRI has started work on increasing resilience of critical infrastructure. Infra damage during natural disasters is a subject that has not got the attention it deserves. The poorer nations are specially impacted by this. Therefore, this Coalition is important.

Your Majesty,

Excellencies,

This is the best time for further increasing research and innovation in new and sustainable technologies. We should do so with a spirit of cooperation and collaboration. The entire world can progress faster if there is greater support of technology and finance to the developing world.

Your Majesty,

Excellencies,

For humanity to prosper, every single individual must prosper . Rather than seeing labour as a factor of production alone, the focus must be on the human dignity of every worker. Such an approach would be the best guarantee for safeguarding our planet. Thank you.