Group of Twenty
Full Form of G20
What is G20?
The G20, or Group of Twenty, is an intergovernmental forum comprising 19 sovereign countries and the European Union. Established in 1999 after the Asian financial crisis, it initially focused on global economic and financial stability. In 2008, it was elevated to a leaders' summit level, making it the premier forum for international economic cooperation. The member nations represent around 85% of global GDP, 75% of world trade, and two-thirds of the world's population. India is a prominent member and hosted the G20 Summit in 2023, which highlighted issues like digital public infrastructure, climate finance, and inclusive growth. The G20 does not have a permanent secretariat; instead, the presidency rotates annually among members. In India, the G20 is frequently discussed in the context of economic diplomacy, foreign policy, and global governance reforms. For students preparing for UPSC, SSC, and other competitive exams, the G20 is a critical topic in international relations and current affairs. Understanding its objectives, outcomes of recent summits, and India's role can fetch marks in both preliminary and main examinations.
G20 का फुल फॉर्म
ग्रुप ऑफ ट्वेंटी
Example
India's presidency of the G20 in 2023 was marked by the theme 'Vasudhaiva Kutumbakam'—One Earth, One Family, One Future—and successfully pushed for the inclusion of the African Union as a permanent member.