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9th August 2016 Current Affairs Questions and Answers

9th August 2016 Current Affairs MCQs, Quiz, Questions : Current Affairs for August 2016 ,  Daily Multiple Choice Questions (MCQs) for In...

India to host G20 Summit 2022

G20 nations accepted India's proposal to allow the world's fastest growing economy to celebrate 75 years of independence in a very special way. Italy, the designated host for the G20 meet in 2022 gracefully stepped aside accepting Prime Minister's proposal for India to be the host in 2022 instead of 2021.
PM Modi's call for collective performance on sustainable development agenda and transforming the new global economic world order was also prominently featured in the G20 Leaders declaration. A sustainable food future was also a key focus of the summit.Prime Minister's pitch for inclusive financing of businesses through schemes like India's Mudra Yojana and the Start up mission too found recognition. G20 leaders agreed to include innovative financial mechanisms and partnerships, such as impact investment for inclusive and sustainable growth. This is also in line with the G20 Call on Financing for Inclusive Business. G-20 nations also adopted India's pitch for Disaster Resilient Infrastructure.G20 leaders also reaffirmed their commitment to ensuring climate justice for all which is an essential part of PM Modi's vision.