Prime Minister Narendra Modi on Tuesday said it is a matter of pride and a great opportunity for India to assume the presidency of the powerful G-20 grouping in its 75th year of Independence.

He made these remarks after unveiling the logo, theme and website of India’s G-20 presidency in an online event  stressing the mantra for G20 presidency will be “One Earth, One Family, One Future”.

India will assume the presidency of the grouping from the current chair Indonesia on December 1. The G-20 or Group of 20 is an inter-Governmental forum of the world’s major developed and developing economies.

The Prime Minister will take part in the G-20 summit on November 15-16 in Bali, Indonesia, along with other world leaders like US President Joe Biden, Chinese President Xi Jinping and British Prime Minister Rishi Sunak.

In his remarks, Modi delved into India’s development journey and said all Governments and people contributed in their own way in taking India forward after the Independence.

He said India can show the world that the scope of conflict can come to an end when democracy becomes a culture. The Prime Minister also said development and the environment (Pragati and Prakriti) can walk together while emphasising sustainable development.

“It is a matter of pride for all Indians; it will bring greater glory for all Indians,” Modi said on India’s upcoming presidency of G-20.

The logo, theme and website of India’s G20 presidency reflected the country’s “message and overarching priorities” to the world.

“India led the renewable energy revolution with One Sun, One World, One Grid. India strengthened the global health initiative with One Earth, One Health. And now India’s theme for the G-20 will be One Earth, One Family, One Future,” he said.

At the launch of the logo and website, Modi said, “I congratulate countrymen on historic occasion of India’s G-20 Presidency. ‘Vasudhaiv Kutumbakam’ is signature of India’s compassion to world. Lotus portrays cultural heritage and faith of India in bringing the world together.”

The G-20 comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US, and the European Union (EU).

The G-20 is the premier forum for international economic cooperation representing around 85 per cent of the global GDP, over 75 per cent of the global trade, and about two-thirds of the world population.

India is currently part of the G-20 Troika (current, previous and incoming G-20 presidencies) comprising Indonesia, Italy and India.