CURRENT AFFAIRS

Detailed explanation-1: -G20 Presidency belongs to the entire nation! An All Party meeting was held on 5th December to discuss aspects relating to India’s G20 Presidency. The meeting, which was chaired by Prime Minister Shri Narendra Modi, witnessed active participation from political leaders across the length and breadth of India.

Detailed explanation-2: -Dharmendra Pradhan chairs high-level meeting on preparations for G20 Summit going to be held in India in 2023.

Detailed explanation-3: -The G20 Presidency steers the G20 agenda for one year and hosts the Summit. The G20 consists of two parallel tracks: the Finance Track and the Sherpa Track. Finance Ministers and Central Bank Governors lead the Finance Track while Sherpas lead the Sherpa Track.

Detailed explanation-4: -Early in December 2022, India was instituted at the helm of the affairs of the G20 for the year 2022-23. The agenda is set to convene over 200 meetings of ministers, government officials and civil society members across 32 different workstreams in 50 cities, leading up to a final summit in September 2023.