G20

INDIA PROPOSES SIX NEW INITIATIVES AT G20 LEADERS’ SUMMIT IN JOHANNESBURG

At the Johannesburg G20 Summit, India proposed six initiatives: a Traditional Knowledge Repository, Africa Skills Multiplier Program, Global Healthcare Response Team, drug-terror nexus framework, Critical Minerals Circularity plan and Open Satellite Data Partnership. These aim to boost health, security, technology and reinforce India’s role as the Global South’s voice.

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G20 REPORT ON GLOBAL WEALTH INEQUALITY EXPLAINED

A G20 report by the World Inequality Lab warns that India’s wealth is heavily concentrated, with the top 1% holding 40.1% of national wealth while the bottom half owns only 6.4%. It urges G20 nations to impose a 2% global minimum tax on billionaires to curb inequality.

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