Sunday, August 14, 2022



NITi Aayog’s ex-CEO Amitabh Kant may be India’s G20 Sherpa

New Delhi, July 7, 2022- NITI Aayog’s former CEO Amitabh Kant is tipped to take charge as India’s new Sherpa of the G20.

He will replace Union Minister Piyush Goyal as the full-time Sherpa as India will hold the G-20 Presidency from December 1, 2022 to November 30, 2023.

A Sherpa will have to devote a lot of time for meetings to be held in different parts of the country.

On the other hand, Goyal has other important tasks on hand like serving as the Leader of the Rajya Sabha and also handling the work in his important Ministries like Commerce and Industry, Textiles, and Consumer Affairs, Food and Civil Supplies.

Being a Sherpa, Goyal’s foreign travel will be affected during Parliament sessions and he would want to focus attention on Free Trade Agreement (FTA) talks with the UK and the European Union (EU).

The UK and the EU are large markets and FTA would result in a boost to industries resulting in large number of jobs in sectors like textiles, leather, gems and others. The UK FTA is in advanced stages.

Goyal led the FTA negotiations with Unite Arab Emirates (UAE) and Australia regardless of the odd time zones.

A qualified chartered accountant, Goyal’s guidance is also required at the World Trade Organisation (WTO) as some countries may try to push India towards a compromise on important areas.

The UK and EU FTAs will be game changers for India’s labour-intensive sectors such as textiles, leather, gems & jewellery, helping artisans, weavers, farmers and creating lakhs of jobs in smaller towns. The minister’s expertise is needed here.

The minister’s guidance is also needed in the WTO. India achieved the best-ever outcome for the country in WTO’s ministerial meeting last month. It became a dealmaker, demolishing Western propaganda about India being a dealbreaker. India protected the interests of its small fishermen and farmers, but some countries would try to push India to compromise on these key areas in future negotiations at WTO. This would require the minister’s urgent attention from time to time. (Agency)

Subscribe to YesPunjab Telegram Channel & receive Important News Updates

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected






Is the world sliding into a Chernobyl-plus nuclear disaster in Ukraine? – by Sergei Strokan

New Delhi, Aug 13, 2022- Tensions around the Zaporozhye nuclear power plant in Ukraine reached a climax by the weekend, after three more missiles...

When careers are sacrificed for advertisement billboards and statistics – by Vinit Goenka

Back in 1859, Macaulay's education system came into effect intending to colonise education and create a class of anglicised Indians. Post-Independence, India tried to...

The growing cyber threat to India from Far East – by Dr Shujaat Ali Quadri

Around 2,000 Indian websites were hacked in June-July 2022 alone. This is one of the most serious cyber attacks on India in the recent...


Health & Fitness

Rise in pregnancy-related complications during Covid pandemic

New York, Aug 13, 2022- Covid-19 has caused unprecedented stressors as a new study showed a rise in pregnancy-related complications during the pandemic. The study, published in the journal JAMA Network Open, assessed how pregnancy-related complications and obstetric outcomes changed during Covid compared to pre-pandemic. Looking at the relative changes in the mode of delivery, rates of premature births and mortality...

Gadgets & Tech

error: Content is protected !!