India needs full time Sherpa for G20: Panagariya

Image
Press Trust of India New Delhi
Last Updated : Aug 01 2017 | 8:22 PM IST
Niti Aayog Vice-Chairman Arvind Panagariya today said he has suggested to Prime Minister Narendra Modi to find a full-time Sherpa for G20 talks as India's role is expanding in the global arena.
Panagariya today announced that he will leave the government think tank on August 31 and return to Columbia University. He was appointed India's Sherpa for G20 talks in September 2015, replacing Railway Minister Suresh Prabhu.
"Globally India's role is expanding. I have suggested to the Prime Minister that perhaps we need to find a full-time Sherpa ... Globally so many things are happening," Panagariya said.
Sherpas, who are representatives of leaders of G20 member countries, coordinate on the agenda of a summit.
As per the practice, the deputy chairman of the erstwhile Planning Commission used to be the Sherpa for G20 talks.
During the UPA regime, former deputy chairman of Planning Commission Montek Singh Ahluwalia was Sherpa for G20 talks.
Panagariya was India's Sherpa for the 12th G20 summit held on July 7-8 in Hamburg, a major port city in Northern Germany.
The G20 is the central forum for international cooperation on financial and economic issues. The G20 countries account for more than four-fifths of gross world product and three-quarters of global trade, and are home to almost two-thirds of the worlds population.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 01 2017 | 8:22 PM IST

Next Story