"2/3rd Of Global Growth Is Going To Come From Global South": G20 Sherpa Amitabh Kant

The Global South - nations with developing, less developed or under-developed economies - will drive two-thirds of global economic growth, G20 Sherpa Amitabh Kant said Friday ahead of the summit to be held in Delhi next month. Highlighting India's 'unique position' as it assumes presidency of the influential bloc, Mr Kant also spoke on the need to restructure financial institutions created under different geopolitical and economic conditions.