PM Modi to unveil logo, theme, and website of India’s G20 Presidency

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website of India’s G20 Presidency

Prime Minister Narendra Modi on 8 November will unveil the logo, theme and website of India’s G20 Presidency via video conferencing.

Important facts

  • The logo, theme and website will reflect India's message and the wider priorities for the world.

  • Guided by Modi's vision, India's foreign policy is evolving to assume a leadership role on the global stage.

  • Taking an important step in this direction, India will assume the presidency of the G20 from December 1, 2022.

  • This provides India with a unique opportunity to contribute to the global agenda on important issues of international importance.

  • During the G20 Presidency, India will hold around 200 meetings in 32 different sectors at multiple locations across India.

About G-20

  • The "Group of 20" (G20) is made up of finance ministers and central bank governors from 19 countries and the European Union.

  • Member  countries - Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, Republic of Korea, Turkey, United Kingdom and United States of America.

  • It is a major forum for international economic cooperation.

  • The G20 plays a strategic role in achieving future global economic growth and prosperity.

Origins of the G-20

  • In the wake of the 1997 economic crisis, the G7 finance ministers announced the creation of a "Group of 20".

  • The first official meeting of the G20 was held in Berlin in December 1999.

  • G-20 leaders have met every year since 2010.

  • Contribution of G -20

  • G20 member countries represent more than 80% of world GDP, 75% of international trade and 60% of the world's population.

Presidency of G -20

  • Its presidency rotates with each member country.

  • India will hold the Presidency of the G-20, for the first time, from 1st December 2022 to 30 November 2023 culminating in the G-20 Summit in 2023.

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