Get All Access for $5/mo

Amitabh Kant To Be India's New G-20 Sherpa The former Niti Aayog CEO replaces commerce minister Piyush Goyal

By Saptak Bardhan

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Wikimedia Commons

Former NITI Aayog CEO, Amitabh Kant is set to replace Union Minister, Piyush Goyal, as the new full-time sherpa of G-20, the group representing world's largest economies, for India's presidency.

Kant recently stepped down as the CEO of NITI Aayog as Parameswaran Iyer took over the post after the retired IAS officer's six year long stint ended on June 30, 2022. The appointment of Kant comes ahead of a crucial meeting next week in Indonesia.

He is being considered as instrumental in India's charge to presidency next year.

The reason Goyal had to step down was due to his busy schedule. Goyal was the leader in the negotiations for the FTA (Free Trade Agreement) negotiations with the UAE and Australia and India would require his full attention for the crucial FTA negotiations with the United Kingdom and European Union.

India would be the host of G20 Summit from December 1, 2022 and would be the convenor for G20 Leaders' Summit in 2023. Prime Minister Narendra Modi has been leading the nation's representation at G20 Summits since 2014.

Saptak Bardhan

Former Trainee Writer

Former Trainee Writer
Growth Strategies

Five Sustainable Practices Adopted By Electric Vehicle Industry

Electric vehicles are inherently more eco-friendly than their fossil fuel counterparts, as they produce zero tailpipe emissions.

News and Trends

Fintech Startup Fibe Raises USD 90 Mn in Series E Round Led by TR Capital, Trifecta Capital, and Others

The Pune-based platform aims to deploy the fresh funds to expand reach, strengthen technological infrastructure, and deepen its impact across India.

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

Growing a Business

3 Non-Financial Factors That Could Impact Your Business' Value

For healthy companies that want to maximize their value, the qualitative indicators can be bundled into three main categories.

Business News

The Most Downloaded News App in the U.S. May Have Published Dozens of Fake, AI-Written Stories

The stories were fake but had real-world consequences for the app's 50 million monthly users.