Vasudhaiv Kutumbakam (World is one family) has been the signature of India's compassion to the world, Prime Minister Narendra Modi said on Tuesday as he unveiled the logo, theme and website of India's G20 presidency. India will assume the presidency of the powerful grouping from current chair Indonesia on December 1.
“I congratulate the countrymen on the historic occasion of India's G20 Presidency. Vasudhaiv Kutumbakam is the signature of India's compassion to the world. The lotus portrays cultural heritage and the faith of India in bringing the world together,” said the prime minister.
Modi said all governments after Independence and the people have contributed in their own way in taking India forward in terms of development. Taking the leadership of the G20 is a matter of great opportunity for India in its 75th years of Independence, he added.
“It's a matter of pride for all Indians; it will bring greater glory for all Indians”.
The prime minister noted that India has led the world with initiatives like 'One Sun, One World, and One Grid' in conserving renewable energy. “Our mantra of One Earth, One Family, One Future in G20 will pave a path for global welfare,” he claimed.
The G20 summit will take place in Bali on November 15-16 and Modi is set to be among the top leaders attending it.
Earlier, the External Affairs Ministry said the G20 presidency offers a unique opportunity to India to contribute to the global agenda on pressing issues of international importance. It said the logo, theme and website of India's G20 presidency would reflect the country's "message and overarching priorities" to the world.
"In a significant step in this direction, India will assume the G20 presidency from December 1. The G20 presidency offers a unique opportunity to India to contribute to the global agenda on pressing issues of international importance," the MEA said.
The G20 is an intergovernmental forum of the world's major developed and developing economies. It comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the European Union (EU).
The G20 is also the premier forum for international economic cooperation, representing around 85 per cent of the global GDP, more than 75 per cent of the global trade and about two-thirds of the world population.