Countries of Global South most adversely impacted by food, fuel and fertilizer crisis caused by conflicts: PM Modi at G20 Summit


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Countries of Global South most adversely impacted by food, fuel and fertilizer crisis caused by conflicts: PM Modi at G20 Summit
Prime Minister Narendra Modi at the inaugural session of the G20 Summit in Rio de Janeiro, Brazil on November 18, 2024.
Brazil is taking forward people-centric decisions from New Delhi G20 Summit, says PM Modi
Prime Minister Narendra Modi, who addressed the inaugural session of the G20 Summit in Rio de Janeiro, Brazil on Monday (November 18, 2024), has highlighted the concerns of countries of the Global South, saying they bore the brunt of the food, fuel, and fertilizer shortages caused due to global conflicts.

He has also called for greater focus on the challenges faced by the Global South. 

“Countries of the Global south are most adversely impacted by the food, fuel and fertilizer crisis caused by global conflicts. So our discussions can only be successful when we keep in mind the challenges and priorities of the Global south,” Prime Minister Modi said. 

He expressed support for Brazil’s initiative for a "Global Alliance against hunger and poverty,” saying this was an important step towards the implementation of the Deccan High level principles for Food security, adopted at the New Delhi G20 Summit.

Prime Minister Modi also highlighted the steps taken by India to strengthen food security in Africa and elsewhere, like the humanitarian assistance provided recently to Malawi, Zambia and Zimbabwe.

‘Brazil Taking Forward People-centric Decisions From New Delhi Summit’
Prime Minister Modi congratulated President Lula for the grand arrangements made for the organisation of the G20 summit and for his successful G20 Presidency. “The people centric decisions taken at the G20 Summit in New Delhi have been taken forward during Brazil’s Presidency,” he stated.

He expressed satisfaction that the New Delhi G20 Summit prioritised Sustainable Development Goals and focused on inclusive development, women-led development, and youth power in addition to giving wings to the hopes and aspirations of the Global South.

Prime Minister Modi underscored that the Indian G20 presidency’s call for "One Earth, One Family, One Future” continued to resonate at the Rio conversations.

India’s ‘Back to Basics ’ and ‘March to the Future’ Approach 
Speaking about India’s initiatives to deal with hunger and poverty, Prime Minister Modi noted that India had pulled 250 million people out of poverty in the last 10 years and was distributing free foodgrains to 800 million people in the country. 

At the same time, 550 million people were benefiting from the world’s biggest health insurance scheme.

When it comes to women-led development and social inclusion, over 300 million women micro entrepreneurs have been linked to banks and given access to credit, he stated.

Under the world’s largest crop insurance scheme, over 40 million farmers have received benefits worth 20 billion US dollars.

Under the farmers scheme, assistance worth over USD 40 billion has been given to 110 million farmers while institutional credit worth USD 300 billion was being given to farmers, Prime Minister Modi pointed out.

“The main reason for our success is our approach: ‘back to basics’ and ‘march to the future’. We have focused not only on natural farming and organic farming but also on new technologies,” he pointed out.
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