India To Assume G20 Presidency From Today, Here’s What It Means

India will officially assume the (Group-20) G-20 presidency from today. But first, what exactly is the purpose of the G20 grouping? G-20 or Group-20 is a premier intergovernmental forum that comprises of 19 countries, as well the European Union. It meets every year to discuss major issues surrounding global economy, climate change, sustainable development etc.