INDIA’S PRESIDENCY IN G20: A STUDY ON INITIATIVES TAKEN BY ASSAM IN LINE WITH DEVELOPMENT AND INVESTMENT

Abstract

After envisaged economic reforms, India is one of the fastest-transforming economies in the world. Economic integrations are becoming increasingly important in the evolving multipolar world in preserving international ties among nations. Among these G20 (group of twenty) nations, which consists of 19 nations, and the EU (European Union), in which India now holds the chair is a significant one. G20 members account for nearly two-thirds of the world's population, over 75% of global trade, and 85% of the world's GDP. The North-East region of India is also participating in the development projects that are ongoing as a result of integrations like the G20. The main opportunities, threats, and strengths of Assam in terms of infrastructure development and investment are attempted in this study. It makes an effort to pinpoint numerous programs, policies, and regulations related to the investment. It also examines the area of the state of Assam that receives a larger financial allocation over time.