India Joins G20 Troika, To Host Summit In 2023
The G20 Troika is a group of three countries that serve as finance ministers and central bank governors of the world’s 20 major economies. The group has existed since 2011 when it was created to provide guidance on global economic management. India Joins G20 Troika Indian Finance Minister Arun Jaitley was quoted as saying "With India's growing prominence in the global arena, it is natural for us to take our place in the leading group of nations. The time is right for India to host this conference." This falls in line with the country's plan to become a superpower by 2035. Why is India Joining G20 Troika? India is now one of the G20 troika, with China and Brazil. India will now host the 2023 summit for this group, which includes 19 countries and the European Union. This is a big change for India, which has traditionally been on the periphery of global economic cooperation. What are the benefits of being part of G20 Troika? India will join the G20 troika--along with Arg...