Prime Minister Narendra Modi said that in a rapidly changing world, we need stability and strength as much as change. Let us pledge to fulfill our commitments on the Green Growth Pact, the Sustainable Development Action Plan, the High Level Principles on Anti-Corruption, Digital Public Infrastructure and MDB reforms. In the closing session of the G-20, the Prime Minister said, the world is facing certain burning issues that affect both the present and the future of all countries.
He further said that terrorism is getting new media and new funding methods from the cyber world. This is a very important topic for the security and prosperity of every country. Only when we take care of each country’s security and each country’s sensitivity will the sense of a future become stronger. We are aware of the challenges facing the world such as cyber security and cryptocurrency. We need a global framework to regulate these and concrete steps must be taken in this direction as soon as possible.
PM Modi said, we also need to expand the idea of ​​multilateral development bank. Our decisions in this direction should be quick and effective. We have before us the Basel standards for banking regulation as a model.
Consensus was reached on a strong framework for digital public infrastructure
PM Modi said India has used technology for inclusive development and last mile delivery. In our smallest villages, even the smallest merchants do digital transactions.
That said, I am pleased that under India’s presidency a strong framework for digital public infrastructure has been agreed. The G-20 principles on the use of data for development have also been adopted. It has also been decided to launch the Data for Development Capacity Building Initiative for Development in the Global South. The formation of the Startup 20 engagement group is also a big step.
Benefits of AI available in all fields
The Prime Minister said that today we are witnessing unimaginable scale and speed in new generation technology. The example of artificial intelligence lies ahead. In 2019, the G-20 adopted principles on AI. Today we have to go one step further. I propose that we now create a framework for responsible human-centered AI governance.
We talked about sharing data from Chandrayaan mission in human interest
I have consistently drawn your attention to the people-centered vision rather than the GDP-based approach. Today, countries like India have as much as we share with the whole world. India has talked about sharing data from Chandrayaan mission in human interest. This is also proof of our commitment to human-centered growth. -PM
