India: PM Narendra Modi emphasises people-oriented globalisation

New Delhi [India]: On Friday, Prime Minister Narendra Modi called for a form of globalization that focuses on people rather than profit and does not create a climate crisis or debt crisis.

New Delhi [India]: On Friday, Prime Minister Narendra Modi called for a form of globalization that focuses on people rather than profit and does not create a climate crisis or debt crisis.

According to Indian PM Narendra Modi in his opening remarks, “We all should appreciate globalization, and I have always seen the world as a family. However, developing countries always want globalization in their nation, which doesn’t create a climate or debt crisis.

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India held a Voice of global South Summit on January 12 and 13, a virtual summit that included ten sessions and brought together leaders and Ministers from 125 nations.

PM Modi emphasized that India is seeking a form of globalization that does not result in unequal access to vaccines or overly centralized global supply chains. He further stated that they want a type of globalization that fosters prosperity and well-being for all of humanity, or in other words, a “human-centric globalization”.

On the same day, Indian PM Modi also declared the “Global South Centre of Excellence” in order to research developing solutions or best practices that would help the members of the developing world.

“The institute is going to hold research on development solutions as well as best practices of any of our countries, which can be scaled and implemented in other members of the Global South, he added.

Indian Prime Minister also stated that G20 Presidency will help them to be the voice of the Global South on these crucial issues.

He additionally noted that India had taken a conversational, results-focused, demand-based, people-centred, and respectful approach to the autonomy of partner countries in its partnerships.

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As per the External Affairs Minister of India, “India assembled one of a kind summit which focuses on international attention on priorities, views and concerns of the developing world.”

On January 12, Prime Minister Modi hosted the inaugural Leaders’ session. This was followed by eight Ministerial-level discussions focusing on the most pressing issues faced by developing countries.

The Summit came to a close on January 13 with a Concluding Leaders’ Session that the Prime Minister oversaw. The leaders present expressed their gratitude and appreciation to Prime Minister Modi for hosting the Summit during this significant time.

They hoped the Summit would catalyze building a prosperous and inclusive future for the world that considers the Global South’s needs.