TODAY marks 365 days since India assumed the presidency of the Group of 20 (G20). It is a moment to reflect, recommit and rejuvenate the spirit of 'Vasudhaiva Kutumbakam,' or 'One Earth, One Family, One Future.'

As we undertook this responsibility last year, the global landscape grappled with multifaceted challenges: recovery from the Covid-19 pandemic, looming climate threats, financial instability and debt distress in developing nations, all amid declining multilateralism. In the midst of conflicts and competition, development cooperation suffered, impeding progress.