The 45th G7 summit is all set to begin at the seaside town of Biarritz in France where heads of state from seven of the world’s largest economies will descend. Apart from the G7 group of Canada, France, Germany, Italy, Japan, United Kingdom and United States, French President Emmanuel Macron has also invited India along with other partner countries and African nations, to a special session at the summit.
In this issue of Biz@India we see the diverse relation be it cultural, political or economical, India shares with the G7 countries and the challenges India has in addressing the issue of inequality in practically all the senses of the word. We also talk about how the G7 summit can be the right platform to once again bring the developed countries to address the most important environment issue of climate change.
Global leadership has so far failed to address climate change. The G7 Summit offers an opportunity for at least some of the leaders to move from intention to implementation.
After a prolonged pause in the first term of Narendra Modi government, expectations are high for the government to finally step back into reform mode and push ahead a series of much-awaited and bold reforms.
India is facing a severe stress on its water resources not just due to climate change but also several human factors, including an injudicious use of water and its pricing.
Vijay Rupani, chief minister of the west-Indian state Gujarat in an interview with Biz@India talks about the challenges faced by the state in fighting inequality and initiatives taken by the government to address the issue.