CoinDesk reported:
News of the existence of such a note first emerged ahead of the Finance Ministers and Central Bank Governors (FMCBG) meeting in India last month through Ajay Seth, a senior official of the Indian Finance Ministry. Later, at the post-event media briefing, without revealing details of the note, Seth said “(India) contributed its own note, it’s the presidency note in the sense that we originated that idea (and) several other countries contributed.”