Here are some recent news related to the expenses of the G-20 summit in 2023:
- The Indian government has spent over Rs 4,100 crore (US$ 530 million) on preparations for the G-20 summit, according to government records. The expenses include security, beautification of the city, and hospitality for the delegates.
- The Delhi government has also spent a significant amount of money on the summit, including Rs 2,034 crore (US$ 260 million) on upgrading and beautifying roads and Rs 3,500 crore (US$ 440 million) on modernizing public transport.
- The high cost of the summit has been criticized by some, who argue that the money could have been better spent on other priorities, such as healthcare or education. Others have defended the cost, arguing that the summit is an important opportunity to showcase India on the global stage.
- The G-20 summit is expected to generate significant economic benefits for India, including increased tourism and investment. The government estimates that the summit will contribute around Rs 10,000 crore (US$ 1.3 billion) to the economy.
The following are some of the specific expenses that have been incurred for the G-20 summit:
- Security: The Indian government has deployed over 100,000 security personnel for the summit, including police, paramilitary forces, and the National Security Guard. The security costs are estimated to be around Rs 2,000 crore (US$ 260 million).
- Beautification: The Delhi government has spent around Rs 1,000 crore (US$ 130 million) on beautifying the city for the summit. This includes cleaning up the streets, planting trees, and installing new streetlights.
- Hospitality: The Indian government is hosting around 10,000 delegates for the summit, and it is providing them with accommodation, food, and transportation. The hospitality costs are estimated to be around Rs 1,000 crore (US$ 130 million).
The G-20 summit is a major event that will have a significant impact on India. The high cost of the summit has been criticized by some, but the government argues that the benefits outweigh the costs. Only time will tell whether the summit will be a success or not.
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