B20 Summit India 2023 begins in New Delhi

Tags: Summits

B20 Summit India 2023 began in New Delhi on 25 August.

An Overview of the News

• During the three days, the summit will be attended by various prominent personalities, including Union Ministers like Nirmala Sitharaman, Dharmendra Pradhan, and Dr. S Jaishankar.

• The first day of the summit will host seven sessions covering topics like B20 India's priorities, global alignment, Artificial Intelligence's role in business and society, trade opportunities and regulations, resilient global trade's inclusive value chains, and a session with Trade Ministers.

• Eminent leaders including Tata Sons Executive Chairman and B20 India Chairman N Chandrasekaran, Mastercard CEO Michael Meibach, and World Economic Forum President Borge Brende will be present.

• The theme of the summit is "B20 India R.I.S.E." which is a symbol of responsible, agile, innovative, sustainable, and equitable businesses.

• Under the chairmanship of India, seven task forces were set up, covering areas such as global value chains, future of work, skill development, mobility, digital transformation, financing economic reforms, climate change, technology, innovation, and financial inclusion for empowerment.

• Summit discussions expanded to two Action Councils focusing on environmental, social, and governance (ESG) matters related to business and African economic integration.