The Mumbai Traffic Police has announced new traffic limitations on various routes in the wake of the G-20 meeting in the financial capital of India. According to the notification, the restrictions will come into effect from Monday morning (December 12) and remain in force until December 16 because dignitaries from the G20 countries are visiting the city to attend various meetings.
“Ahead of the G-20 summit in Kalina, the following alterations to traffic management will be imposed from December 12, 12 am till December 16, 4 pm. This is done to facilitate smoother traffic and to avoid inconvenience or danger,” Mumbai Traffic Police tweeted.
India assumed the G20 presidency amid a slew of challenges, including COVID-19 pandemic scarring, heightened geopolitical tensions, rising food and energy security concerns, rising debt distress, inflationary pressures, and monetary tightening, among others.
India emphasized that the G20’s primary role in dealing with such challenges is to provide guidance. The first G20 Finance and Central Bank Deputies (FCBD) meeting, co-hosted by the Finance Ministry and the Reserve Bank of India (RBI), is scheduled for December 13-15 in Bengaluru.
During the Bengaluru conference, the agenda for the Finance Track under the Indian G20 Presidency will be discussed.
The Indian G20 Presidency’s theme of ‘One Earth, One Family, One Future’ will guide the G20 Finance Track discussions.
The Finance Track will include around 40 sessions in various locations across India, including meetings of G20 Finance Ministers and Central Bank Governors. The discussions on the G20 Finance Track will eventually be reflected in the G20 Leaders’ Declaration.