1. Gujarat CM unveils Urban G20 logo, website and social media handle
Tags: place in news Summits Person in news
Chief Minister of Gujarat Bhupendra Patel unveiled the logo, website and social media handles of the Urban-20 conference in Gandhinagar on 19 December 2022. The ceremony was attended virtually by the Union Minister for Urban Development and Urban Housing Hardeep Singh Puri.
Urban 20
The UNESCO heritage city Ahmedabad will host the Urban 20 meetings as part of G 20 meetings between Februarys to July 2023.
In July 2023, the U20 mayor’s summit will be held in Ahmedabad to discuss urban development issues.
The Urban 20 will provide a platform for the G20 cities to facilitate discussions on important issues of urban development including climate change, social inclusion, sustainable mobility, affordable housing, and financing of urban infrastructure to propose collective solutions.
Indian Presidency of G 20
India officially assumed the Presidency of G20 on 1 December 2022 from Indonesia. The summit meeting of the Head of the States and the leaders of the G20 is scheduled to be held in September 2023 in New Delhi.
To prepare for the summit meeting a series of meetings is to be held by India.
The first meeting was the G-20 Sherpa meeting held in Udaipur in the first week of December 2022.
G-20
The G-20 was founded back in 1999 after the Asian financial crisis.
The Group of Twenty (G-20) comprises 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkiye, the United Kingdom, and the United States) and the European Union.
The G-20 members represent around 85 per cent of the global GDP, over 75 per cent of the global trade, and about two-thirds of the world population.
2. Bengaluru will host the 1st G20 Finance Track meeting under Indian Presidency
Tags: place in news Economy/Finance Summits State News
According to the Union Ministry of Finance the first meeting under the Finance track agenda of the G-20 meeting will take place in Bengaluru from 13th to 15th December 2022. It will be hosted jointly by the Union Finance Ministry and the Reserve Bank of India. All the 20 members of the G-20 Finance and Central Bank Deputies will participate in the meeting.
India is currently the President of the G-20 and it will hold the G-20 summit meeting in September 2023 in New Delhi.
G20 Finance track and Sherpa track meeting
Before the annual summit meeting of the G-20 countries leaders, there is a series of preparatory meetings held under the Finance Track and Sherpa track to work out the agenda of the annual summit meeting of the leaders of G 20.
Finance Track meeting
The Finance Track meeting is organised by the Union Ministry of Finance and it will organise a number of such meetings on the areas of international financial architecture, financial inclusion and sustainable finance, financing for infrastructure, climate finance and tax matters.
The Sherpa track
The Sherpa track meeting is organised by the Union External Affairs ministry and is chaired by the Indian Sherpa to G 20, Amitabh Kant. Around 100 meetings will be held on issues such as employment, health, digital economy, trade, investment & industry, environment & climate etc.
The first G-20 meeting was held at Udaipur from 4-7 December 2022.
First Finance Ministers and Central Bank Governors of the G-20 meeting
The first Finance Ministers and Central Bank Governors of the G-20 meeting will be held during 23-25 February 2023 in Bengaluru. According to the Union Finance Ministry the Indian G-20 Presidency’s theme of Vasudhaiva Kutumbakam” or “One Earth One Family One Future’ “will guide the G-20 Finance Track discussions.
G-20 is a multilateral organisation consisting of the world's major developed and developing countries. It consists of 19 countries and the European Union. The 19 member countries are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, and United States.
It was set up in 1999.
3. G-20 Finance Ministers meeting to be held in Bengaluru in February 2023: Nirmala Sithraman
Tags: place in news National
The Union Finance Minister Nirmala Sitharaman has announced that Bengaluru, Karnataka will host a meeting of G20 Finance Ministers and Central Bank Governors in February 2023. India assumed the Presidency of the G-20 on 1 December 2022.
She announced this at the Vananam Startup Inclusivity Summit in Bengaluru.
Mr Sitharaman has asked the Start-ups to utilise this event to showcase their profile to the visiting international guests. The Finance Minister said, different cities in India have been selected to host G-20-related meetings next year.
4. G20 ambassadors blow conch shells to welcome India’s G20 Presidency at Swaraj Dweep, Andaman and Nicobar
Tags: place in news National
40 countries which included the G20 ambassadors and invited guests from friendly countries blew conch shells (Shankh), which is considered auspicious as per Indian traditions on 26 November 2022, to welcome India’s G20 Presidency at Swaraj Dweep in Andaman and Nicobar Islands. Swaraj Dweep was earlier known as Havelock Island.
The Union External Affairs ministry had invited Resident Heads of Missions of the G20 member countries, guest countries and International Organizations at the islands to attend the G20 curtain raiser event and preparatory meetings ahead of India taking up the presidency officially on 1 December.
As part of the event, G20 India coordinator Harsh Vardhan Shringla and G20 Sherpa Amitabh Kant organised a yoga session on Kala Patthar beach for the delegates.
Indonesian President Joko Widodo on 16 November 2022 had officially handed over the G20 presidency to India at the end of a summit of the bloc’s leaders in Bali.
Taking over the presidency, Prime Minister Narendra Modi Prime said it was a matter of pride for every Indian citizen. He said that “We will organise G20 meetings in different cities and states of our country. Our guests will get a full experience of India’s amazing diversity, inclusive traditions, and cultural richness. We wish that all of you will participate in this unique celebration in India, the ‘Mother of Democracy’.
G20 is a group of 19 leading developed and developing countries and the European Union .G-20 members constitute 60% of the world population, 80% of the World economy and 75% of world trade.
Andaman and Nicobar Island
It is an archipelago in the Bay of Bengal. It consists of 300 islands of Andaman and 19 islands of Nicobar.
The Ten Degree channel separates Nicobar Islands from Andaman Islands.
It became a Union Territory in 1956.
India’s only active volcano is at Barren Island in the northern Andamans.
Cellular jail or Kala Pani is located in Port Blair is a National Museum where Britishers used to keep Indian freedom fighters like Veer Savarkar, Batukeshwar Dutt in isolation .
Capital of Andaman and Nicobar: Port Blair located on South Andaman Island.
Lieutenant Governor: Admiral D K Joshi
5. Udaipur to host first G20 Sherpa Meeting in India from 4 to 7 December
Tags: place in news Summits
Udaipur city in Rajasthan will host the first G-20 Sherpa Meeting in India from 4 to 7 December 2022. The Sherpa’s are the personal emissaries of the leaders of the members of the G-20 group. The G-20 Sherpa meeting will be presided by the Indian Sherpa Amitabh Kant.
India will formally assume the presidency of the G-20 on 1 December 2022. India as a host nation will set the agenda of the G-20 summit meeting to be held in September 2023 in New Delhi.
Before the summit meeting of the top leaders of the G-20 countries a number of meetings are held to prepare the agenda for the leaders.
The Sherpa’s oversee negotiations over the course of the year, discussing agenda items for the Summit and coordinating the substantive work of the G20.
Group of 20 or G-20 is a multilateral organisation of 19 countries and the European Union was set up in 1999.India has been a member of the G20 since its inception in 1999. India will be holding the G20 Presidency from 1 December 2022 and will convene the G20 Leaders’ Summit in 2023 for the first time.
Udaipur
It was founded in 1559 by Udai Singh II of the Sisodia clan of Rajput’s.
It is popularly known as the "City of Lakes". It has seven lakes surrounding the city. The 7 lakes of Udaipur are; Fateh Sagar Lake. Lake Pichola.Udaisagar Lake. Jaisamand Lake (Dhebar Lake), Rajsamand Lake.Badi Lake (Jiyan Sagar), Doodh Talai (Milk Pond), Swaroop Sagar Lake (Khumaria Talab).