About G7

• The Group of Seven (G7) is a collective of seven of the world’s most industrialized and developed economies. Their political leaders come together annually to discuss important global economic, political, social and security issues.
• The G7 member countries are the United States, Britain, France, Japan, Germany, Italy, and Canada. 
• Russia belonged to the forum from 1998 through 2014, when the bloc was known as the G8, but was suspended following its annexation of Crimea.
• India is not a member of the G-7 grouping.

Why in News?

• The Ministry of External Affairs has announced that Prime Minister Narendra Modi will not attend the G7 summit in the United Kingdom next month due to the prevailing COVID situation.
• U.K. Prime Minister Boris Johnson invited Mr. Modi to participate in the summit as a Special Invitee.

Reference:

1. https://www.thehindu.com/news/national/pm-modis-g7-visit-to-uk-cancelled-due-to-covid-19-crisis/article34537358.ece