Government has decided to appoint NITI Aayog Vice-Chairman Arvind Panagariya as the Sherpa for G-20 talks, replacing Railway Minister Suresh Prabhu.
"Government has decided to appoint Arvind Panagariya as the Sherpa for G-20 negotiations. At present, Prabhu is holding this position," a source said.
As per the practice, the Deputy Chairman of the erstwhile Planning Commission used to be the Sherpa for G-20 talks.
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"At present, Panagariya is in the US and will be back on Saturday. He will start work on his new role only after he comes back," the source said.
The next G20 Leaders' Summit is scheduled on November 15-16 at Antalya in Turkey in November.