About G20:

• The Group of Twenty (G20) is the premier forum for international economic cooperation. 
• It plays an important role in shaping and strengthening global architecture and governance on all major international economic issues.
• Inception of G20: The G20 was founded in 1999 after the Asian financial crisis as a forum for the Finance Ministers and Central Bank Governors to discuss global economic and financial issues.
• Elevation to Leader’s Level:
  1. The G20 was upgraded to the level of Heads of State/Government in the wake of the global economic and financial crisis of 2007.
  2. In 2009, was designated the “premier forum for international economic cooperation”.

• Annual Summit: 
  • The G20 Summit is held annually, under the leadership of a rotating Presidency. 
  • The G20 Presidency steers the G20 agenda for one year and hosts the Summit. 
  • The G20 consists of two parallel tracks: the Finance Track and the Sherpa Track. 
    • Finance Ministers and Central Bank Governors lead the Finance Track while Sherpas lead the Sherpa Track after Finance Track.
• Troika: 
  • The Group does not have a permanent secretariat. 
  • The Presidency is supported by the Troika – previous, current and incoming Presidency. 
  • During India’s Presidency, the troika will comprise Indonesia, India and Brazil, respectively.