Former NITI Aayog CEO Amitabh Kant is about to become the country’s Sherpa for the G20 months in advance of India assuming the presidency of the important international grouping of most important global economies, people are aware of the development said.
New Delhi: Former NITI Aayog CEO Amitabh Kant is about to become the country’s Sherpa for the G20 months in advance of India assuming the presidency of the important international grouping of most important global economies, people aware of the development said.
From December 1, 2022, to November 30, 2023, India is scheduled to take a hold of the presidency of the G20 culminating with the G20 Summit in India subsequent year, they said, asking for anonymity. “G20 is the most excellent discussion board for global economic cooperation and the Prime Minister is taking a personal interest in preparations required for steering India’s approaching G20 Presidency,” one of the people said. On December 1, 2021, India joined the “G20 Troika” with Indonesia, Italy, and India representing the current, the preceding and the incoming Presidencies in that order.
The NITI Aayog and the commerce ministry elicit no response, an email query was sent to the Prime Minister’s Office. Kant, a 1980-batch, Kerala cadre, officer of the Indian Administrative Service (IAS), left the NITI Aayog last month after serving it for approximately about six years. He takes over from commerce minister Piyush Goyal, who served as India’s G20 Sherpa however his domestic responsibilities have extended beyond his ministries — he additionally heads the consumer affairs, food and public distribution ministry — as the leader of the Rajya Sabha since last year.
The G20 is one of the key global groups as its participants constitute more than 80% of the world’s gross domestic product (GDP), 75% of the worldwide international trade and 60% of the world population. Its participants are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, and the United States, and the European Union. Spain is invited as an everlasting guest.
Sherpas play a vital function in the organization because the G20 system involves the Sherpa track and the Finance track. Under the former, numerous conferences are organised in vital regions which include employment, health, digital economy, trade, industry, investment, environment, climate change, energy, anti-corruption, agriculture, education, women empowerment and socio-economic improvement, a 2nd person said.
Meetings under the finance track contain areas which include global monetary architecture, monetary inclusion, financing for infrastructure, climate finance and tax matters, he added. “As a Troika member, India is running closely with Indonesia and Italy to make sure consistency and in addition give a boost to the G20 agenda.
India will count on the G20 Presidency on 1 December 2022 from Indonesia and could convene the G20 Leaders’ Summit for the first time in India in 2023,” minister of state for external affairs Rajkumar Ranjan Singh informed the Rajya Sabha on April 4. Every rotating G20 presidency additionally serves as the G20 secretariat for the year.
The Union Cabinet chaired by Prime Minister Narendra Modi on February 15, authorized the setting up of India’s G20 secretariat, manned by officials and personnel from the ministry of external affairs (MEA), ministry of finance, and other involved departments managing G20 subjects, Singh said. “It is accountable for preparations and implementation of decisions needed for steering India’s approaching G20 Presidency, under the overall guidance and course of Hon’ble Prime Minister and involved Ministers,” he said.
The secretariat handles work associated with the substantive content of G20 discussions, in addition to logistics consisting of the preparation of conferences and venues, technical, media, and safety aspects, and facilitating preparations for G20 delegates. As the holder of the G20 presidency, India will set the schedule for the year, identify the issues and focus regions, and conduct discussions, and training session outcome documents.