The Group of Twenty (G20) was founded in 1999. Its primary objective was to establish a forum for key industrialised and emerging economies to meet and discuss issues pertaining to global economic and financial stability.
On September 9, the G20 Summit will get underway in New Delhi.
The brilliant colours of the ‘Tiranga’, or saffron, white, green, and blue, are used in the G20 logo, which was designed in the style of the national flag of India. The Earth in the logo serves as a reminder that it is urgent to choose an environmentally responsible course of action at a time when climate change is causing serious loss of life, property, and resources. ‘Bharat’ is written beneath the G20 logo.
In advance of the G20 Summit in New Delhi, enormous thematic posters with the G20 emblem and pictures of India’s cultural heritage have been erected on the sides of the roads near the India Gate Circle.
Fountains have recently been added to the green spaces along these streets to improve the area’s appearance and atmosphere.
The G20 emblem, the slogan of India’s presidency of the gathering, “Vasudhaiva Kutumbukam: One Earth, One Family, One Future,” and an illustration of an Indian cultural practice, such as a dance style or a festival, are all shown on each of the streetside posters that face the famous monument. It is derived from, a well-known old Sanskrit literature. The phrase is ideal for the multinational organisation because it conveys the message of world unity.
Additionally, it emphasises the LiFE principle and stands for ethical and responsible environmental decisions. Together, the G20 countries make up around 85% of the world’s gross domestic product (GDP), more than 75% of its commerce, and almost two-thirds of its population.
The G20 is a significant international organisation made up of 19 different countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, and the United States), as well as the European Union.
The Finance Track and the Sherpa Track are two concurrent tracks inside the G20. The Sherpa Track is led by Sherpas who follow the Finance Track.
The sherpas of the participating nations, who serve as the leaders’ personal envoys, oversee the G20 process from the sherpa perspective.
The preparations include offering lodging for the delegates along with the strict security measures envisioned for Delhi. For the duration of the event, more than 30 hotels have been chosen to house the delegates.
Among the Delhi hotels, according to media reports, are the ITC Maurya, Taj Mansingh, Taj Palace, Hotel Oberoi, Hotel Lalit, The Lodhi, Le Meridien, Hyatt Regency, Shangri-La, Leela Palace, Hotel Ashoka, Eros Hotel, The Surya, Radisson Blu Plaza, JW Marriott, Sheraton, The Leela Ambience Convention, Hotel Pullman, Rosette Hotel, and The Imperial.
President Biden will stay at the ITC Maurya Sheraton during the conference, according to a Business Today article citing sources.