Business 20 (B20) Inception Meeting

The B20 Inception Meeting was held in Gandhinagar, Gujarat on the sidelines of G20. The meeting was attended by G20 Sherpa, business delegates, CEO, railway minister Ashwini Vaishnaw, commerce and industry minister Piyush Goyal, etc. The meeting was headed by Mr Chandrasekaran, Head of TATA sons. During the meeting, the bigshots formed two action groups and seven task forces. These groups will work and discuss on digital transformation, climate change, financial inclusion, and sustainability. For the first time, Africa will receive a special task force.

Who is G20 Sherpa?

Amitabh Kant. Sherpa is the representative at an international summit. Prior to G7 and G20 summits, multiple Sherpa meets are held.

What are the functions of Sherpa?

The Sherpas meet prior to the summit and prepare agendas. They report about the negotiations being made among countries and other happenings to their country head.

What does the word Sherpa Mean?

Sherpa is a Nepalese word. Sherpas are an ethnic group in Nepal. They serve as porters in the Himalayan regions. The representatives will clear the way for the countries to participate in the meet just like the Sherpas showing the way to the people traveling across the Himalayas.

How did a Nepalese word enter the western world?

It was the European Union that used the word in 2005 in its official document. The chief negotiator of countries attending the Inter-Governmental Conferences was named the Sherpas.

Month: Current Affairs - January, 2023

Category: Important Days & Events Current Affairs • International / World Current Affairs