The 18th G20 summit will take place under the Indian presidency in September 2023. The theme of the summit is “One Earth, One Family, One Future,” which will focus on humans, plants, animals, and microorganisms and their importance on planet Earth.
In this episode, we will focus on PM Narendra Modi’s address on International Consumer Care Day.
B20 is one of the key platforms of G20 that represents the group’s business interests. Not only is it a platform used for exchanging business ideas, but B20 is also used as a stage to create actionable business plans.
Taking center stage during the B20 summit, Prime Minister Narendra Modi proposed for an “International Customer Care Day.” Furthermore, he cautioned against the practice of protecting rare-earth minerals and critical materials as this could lead to neo-colonialism. According to the PM, the world needs these natural resources to build a sustainable future. The world, as per the PM, has to be responsible for sharing resources and treat each other as equal partners.
Taking the center stage, the Indian Prime Minister said, “A profitable market can be sustained when there is a balance in the interest of producers and consumers, and this also applies to nations. Treating other countries only as a market will never work. It will harm even producing countries sooner or later.”
The PM also mentioned about the importance of celebrating “Consumer Care Day.”
An article published on BQ Prime mentions the following:
“The Prime Minister also called upon countries to join in designating a ‘consumer care day’, replacing the consumer-rights model to encourage more pro-planet product building and lifestyle choices on an individual level. This comes at a time when India as part of its G20 priorities has launched the LiFE mission which aims to mobilize over a billion people to take individual actions and decisions to protect the environment in the period between 2022-28.”
The PM also delved on the importance of creating a robust supply chain that would enhance the economies of the G20 nations.
The BQ Prime article reads:
“Modi also underscored the importance of building resilient supply chains and prioritising sustainability. He noted that global supply chains have changed post Covid-19 pandemic and broke down at time of great need and called on to improve the resilience of these supply chains and highlighted India’s role, going forward.”
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