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Cabinet approves setting up of G20 Secretariat ahead of India's Presidency

Cabinet approves setting up of G20 Secretariat ahead of India's Presidency

India will hold the Presidency of the G20 from December 1, 2022 to November 30, 2023, culminating with the G20 Summit in India in 2023.

Business Today Desk
Business Today Desk
  • Updated Feb 15, 2022 6:57 PM IST
Cabinet approves setting up of G20 Secretariat ahead of India's PresidencyFile picture from G20 Summit in Rome in 2021.

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved setting up of a G20 Secretariat and its reporting structures, which will be responsible for implementation of overall policy decisions and arrangements needed for steering India's forthcoming G20 Presidency.
 
India will hold the Presidency of the G20 from December 1, 2022 to November 30, 2023, culminating with the G20 Summit in India in 2023.
 
"As per practice, a G20 Secretariat is being established to handle work relating to substantive/ knowledge/ content, technical, media, security and logistical aspects of India's G20 Presidency," the government said in a release.
 
The Secretariat will be manned by officers and staff from the Ministry of External Affairs, Ministry of Finance, and other relevant line ministries and departments and domain knowledge experts. The Secretariat will be functional till February 2024, it added.
 
Also Read: India is a driving force of Quad, an engine for regional growth: White House

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"The Secretariat will be guided by an apex committee headed by Prime Minister, and comprising Finance Minister, Home Minister, External Affairs Minister, and G20 Sherpa (Commerce & Industry, Textiles, Consumer Affairs, Food and Public Distribution Minister), to provide overall guidance to India's G20 Presidency," the government said.
 
Further, a coordination committee will also be set up to oversee all G20 preparations and report to the apex committee.
 
The G20 Secretariat will enable long term capacity building, including knowledge and expertise, for India's leadership on global issues in multilateral fora, it said.
 
G20 is the premier forum for international economic cooperation that plays an important role in global economic governance.

Also Read: India's exports rise 25.3% to $35 bn in Jan; trade deficit widens to $17.4 bn
 

Published on: Feb 15, 2022 6:56 PM IST
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