The G20 or Group of 20 consists of 19 of the world’s largest advanced and developing economies, as well as the European Union (EU). Every year they meet to discuss the most pressing global issues. G20 is the premier forum for international economic cooperation representing around 85 per cent of the global GDP, over 75 per cent of the worldwide trade, and about two-thirds of the world population. During the 2023 Presidency, India will hold about 200 meetings in 32 different sectors in multiple locations across the country.

The Presidency’s goal is based on an inclusive and action-oriented agenda. It aims to bridge the digital divide and tackle the challenges of food and energy security. India has constituted 13 working groups under the Sherpa track to provide recommendations related to employment, digital economy, and trade and investment.

In the case of the finance track, central banks will focus on macroeconomic development, economic risks, and international...