G20 ‘Troika’

G20 ‘Troika’

G20 ‘Troika’ Today Current affairs

  • India has joined the G20 ‘troika’ and with this India has started the process of taking over the ‘G20’ presidency for the next year.

About Troika:

  • It refers to an apex grouping within the G20 which includes the current, past and upcoming presiding countries i.e. Indonesia, Italy and India.
  • As a Troika member, India will work closely with Indonesia and Italy to ensure the continuation of the G20 agenda.
  • India will assume the presidency of the G20 from Indonesia on December 1, 2022, and in the year 2023, the G20 Leaders’ Summit will be held in India for the first time.
  • Italy hosted the G20 summit from October 30-31, 2021, where India raised the issue of the future of Afghanistan after its takeover by the Taliban.
  • Indonesia assumed the presidency of the G20 from December 1, 2021, and in the coming months, Indonesia will hold a conference for discussions at various levels among G20 members ahead of the G20 Leaders’ Summit scheduled for October 30-31, 2022.
  • Next year’s summit will be held with the overall theme of “Recover Together, Recover Stronger”.


  • The G20 Group is an informal grouping of representatives of the World Bank and the International Monetary Fund, the European Union and 19 countries.
  • The G20 group does not have a permanent secretariat or headquarters.
  • The G20 grouping brings together countries from the world’s major advanced and emerging economies. It represents 75% of global trade, 85% of global investment, 85% of global GDP and two-thirds of the world’s population.


  • The G20 group includes Argentina, Australia, Brazil, Canada, China, the European Union, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, Republic of Korea, Turkey, the United Kingdom and the United States. Are included.

Grouping Mandate:

  • The G20 is the premier forum for international economic cooperation, reflecting the recognition that global prosperity is interdependent and that economic opportunities and challenges are intertwined.
  • G20 countries have come together to better prepare for the future.
  • The group’s primary mandate is for international economic cooperation, with a special emphasis on preventing future financial crises around the world.
  • It plays an important role in shaping the global economic agenda.
  • Supported from a group of central bank governors and finance ministers to heads of states from 1999-2008.

India and G20:

  • India as a founding member of the G20 has used this platform to raise important issues and issues affecting the most vulnerable people across the world.
  • The Global Economic Agenda Forum to be chaired by India in the year 2022 is a challenge as well as an opportunity for India to boost its presence in the international arena.
  • But it is difficult to lead effectively for this due to the rise in unemployment rate and poverty in their areas.

Here we provide all information about G20 ‘Troika’- Today Current affairs

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