India to host 2016 World T20 and 2023 ODI World Cup

As per the announcement made by the International Cricket Council (ICC), India will host the World T20 in 2016 and the 50-over World Cup in 2023.
The Champions Trophy, the last edition of which was won by India recently has been replaced with World Test Championship,the first edition of which will be held in England and Wales in June-July 2017. India will host its 2nd edition in February-March 2021.
ICC agreed on the following:

  • Full members of the ICC will play a minimum of 16 tests over a four-year period.
  • In order to ensure that all ODIs player over the four-year cycle b/w World Cups count towards a team’s ranking, the ODIs ranking period will be changed from three years to four years.
  • In order to bring consistency, the calculations of the T20 ranking will be changed to cover the same period.
  • The date of the annual ICC Rankings update will be changed to May 1 rather than August 1.