PM Modi, in his closing remarks mentioned that it is a matter of pride for the Indians. The G20 comprises 19 countries are— Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the USA and the European Union (EU). In totality, they account for over 80 per cent of the global GDP, 75 per cent of international trade and two-thirds of the world population. PM Modi exclaimed that this presidency will be “inclusive, ambitious, decisive and action-oriented.” “In the next one year, it will be our endeavour that G20 works as a global prime mover to give impetus to collective action,” said PM Modi.

The G20 presidency will begin on December 1 , 2022. The Indian Prime Minister also mentioned that the the principle of “data for development” will play a crucial role in the theme of the forthcoming G20 presidency.
“Digital transformation is the most remarkable change of our era. The proper use of digital technologies can become a force multiplier in the decades-long global fight against poverty,” said PM Modi.

According to him, digital transformation should be widely accessible and must be inclusive. PM Modi also expressed that if in India’s digital accessibility is vast then it can bring about enormous socio-economic growth.