After hosting the Model United Nations, the next on the city’s list is a Model G-20 summit. Avenues, the annual international business festival of the Indian Institute of Technology- Bombay (IIT-B) claims to be the first in the country to host a Model G-20 summit — Manthan — this year.
The Group of Twenty or G-20 is a group of finance ministers and central bank governors from 19 countries and the European Union who came together to discuss key issues in the global economy in 1999.
“Manthan will simulate the actual conditions of a G-20 summit and will equip the leaders of tomorrow to handle international issues like those discussed in the G-20,” said Surinder Pal Singh, from Shailesh J Mehta School of Management, IIT-B’s B-school.
Avenues will be held from October 14 to 16 and has received more than 6,000 registrations for its 11 events from more than 200 business schools and engineering institutes. There are 50 entries from companies as well.
In the first round of Manthan, participants from different B-schools across the country were tested on their understanding of the current world scenario and their innovative solutions to improve existing turmoil.
The best 20 teams will come to the campus and be a part of the simulated summit as a member country of G20 on October 15.
The college is planning to share the recommendations of this Model G20 summit with G20 authorities.