Panagariya was India’s Sherpa for the 12th G20 summit held on July 7-8 in Hamburg.
As India’s role is expanding in the global arena, Niti Aayog Vice-Chairman Arvind Panagariya has suggested to Prime Minister Narendra Modi to find a full-time Sherpa for G20 talks.
Panagariya 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.
Panagariya was India’s Sherpa for the 12th G20 summit held on July 7-8 in Hamburg, a major port city in Northern Germany.
Sherpas are representatives of leaders of G20 member countries and coordinate on the agenda of a summit.
The deputy chairman of the erstwhile Planning Commission used to be the Sherpa for G20 talks, according to the standard practice.
During the UPA regime, Planning Commission former deputy chairman Montek Singh Ahluwalia was Sherpa for G20 talks.
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.