Notes: The 12th edition of G20 summit will be held at Hamburg in Germany on July 7, 2017 with theme “Shaping an interconnected world”. In the 2-day summit, from India, Prime Minister Narendra Modi will lead the Indian Delegation at the G20 meet with a firm message on the global menace of terrorism. The G20 countries account for more than four-fifths of Gross world product and three-quarters of global trade. They are home to almost two-thirds of the world’s population. In that context expectations are always high from a G20 summit. The G20 is an international forum for the governments and central bank governors from 20 major economies with the aim of studying, reviewing and promoting high-level discussion of policy issues pertaining to the promotion of international financial stability.