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News India Live, Digital Desk: Recently, Canadian Prime Minister Justin Trudeau has invited Prime Minister of India Narendra Modi for next year’s G7 Summit. As soon as this news comes, the same question is once again in everyone’s mind – after all, despite being the fifth largest economy in the world, why is India not a permanent member of the G7 group? Let us understand this powerful group and India’s relationship in easy language.
G7 means ‘Group of Seven’. It is an informal platform of countries with the seven largest and advanced economy in the world. Its members are:
It is not a formal organization, which means that it has no headquarters or written constitution. These countries meet every year and try to form a shared strategy by discussing big issues like global economy, security, climate change and energy.
Then why is India not a member of it?
The answer is hidden in history. The G7 was formed in the 1970s by the largest industrial powers of that time. At that time, India’s economy was not as developed as it is today. The group was a kind of ‘Elite Club’, which included the richest and industrial countries of that era.
Today, India may have become an economically a superpower, but G7 has not opened its doors to include new permanent members. The group structure remains the same as decades ago.
Does G7 have any legal power?
No. G7’s decisions are not legally binding on any country. Its strength comes from the economic and political dominance of its member countries. When these seven powerful countries take a decision together, it affects the whole world. They play an important role in deciding global policies and trends.
Why is India called again and again?
Even though India is not a member of the G7, the G7 countries understand well that without India, big issues of the world cannot be resolved today. India is continuously invited as an outreach country. This means that G7 considers India an important partner and gives importance to its thoughts and cooperation on global challenges.
Prime Minister Modi has participated in the G7 summit several times. It is a symbol of India’s growing global stature and influence. India’s participation gives a comprehensive approach to the G7 discussions.
