Former Secretary in Department of Economic Affairs Shaktikanta Das has been appointed as India’s G 20 Sherpa till December 31, 2018 for the Development Track of the G20.
The decision came from the government as a result of suggestion from the Former Niti Aayog vice-chairman Arvind Panagariya to the Prime Minister Narendra Modi to find a full-time Sherpa for G20 talks as India's role is expanding in the global arena.
Panagariya was appointed India's Sherpa for the G20 talks in September 2015. He had replaced the then railway minister Suresh Prabhu.
Sherpas in G20
Sherpas are representatives of leaders of G20 member countries, coordinate on the agenda of the summit.
There are two tracks in G 20- Development Track and Finance Track. Development Track is coordinated by the Sherpa and the Finance Track is managed by the Secretary (Economic Affairs) as India’s Deputy to G 20. The Department of Economic Affairs will provide required support to the Sherpa.
As per norms, the deputy chairman of the erstwhile Planning Commission used to be the Sherpa for G20 talks.
During the planning commission working period, Montek Singh Ahluwalia, former deputy chairman of Planning Commission was Sherpa for G20 talks.
Fact Box: What is G20 and how it works?
G-20
The G20, a central forum for international cooperation on economic and financial issues, home to almost two-thirds of the world's population and accounts for more than four- fifths of gross world product.
The governments and the central bank governors from Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, Turkey, United Kingdom, United States, and the European Union are the members of G20.
During the period of 2009 and 2010, the heads of the G20 countries met semi-annually at G20 summits. But, Since Cannes summit in November 2011, all G20 summits have been held annually.
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