The G20 or Group of Twenty
The G20 (Group of Twenty) is an international forum that brings together the world's 20 largest economies, representing around 85% of the global GDP. The G20 was established in 1999 to promote international financial stability and address the challenges posed by globalization. The forum operates based on consensus and without a permanent secretariat or headquarters.
The G20 consists of 19 countries and the European Union and includes Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States, and the European Union.
The G20 holds annual summits, which are attended by the leaders of the member countries. The conferences provide an opportunity for the leaders to discuss issues of global importance, including the global economy, trade, climate change, and development. The G20 also has various working groups that focus on specific issues, such as energy, employment, and development.
India has been a member of the G20 since its inception in 1999. As a member of the G20, India has played an active role in shaping the agenda of the forum and has participated in discussions on a wide range of issues, including the global economy, trade, climate change, and development.
India is the fifth-largest economy in the world and is considered a major player in the global economy. The country has made significant progress in recent years in terms of economic growth and development, and it is expected to continue to play an important role in the G20 in the coming years.
In its capacity as a member of the G20, India has also been involved in various initiatives and working groups, such as the G20 Development Working Group, the G20 Energy Sustainability Working Group, and the G20 Employment Working Group. Through its participation in these groups, India has been able to contribute to the development of global economic policy and address major challenges facing the world today.
