Prime Minister Narendra Modi today advocated for human-centred globalization during his inaugural address on the second day of the Voice of the Global South Summit. PM Modi said that India wants globalization which will bring prosperity and welfare for the entire humanity. “We want globalization that does not lead to unequal distribution of vaccines or more concentrated global supply chains. Developing countries desire globalization that does not create climate crisis or debt crisis,” PM Modi said.
PM Narendra Modi also said that the world today needs reforms in the United Nations Security Council (UNSC). “We developing countries are also concerned about the increasing fragmentation of the international landscape. These geopolitical tensions distract us from focusing on our development priorities. Fundamental reform of major international organizations is urgently needed.” Council and the Bretton Woods Institute. These reforms should focus on giving voice to the concerns of the developing world and reflect the realities of the 21st century,” PM Modi said.
PM Modi said that the last 3 years have been difficult, especially for developing countries, as the challenges of the COVID pandemic, rising prices of fuel, fertilizers and food grains and rising geo-political tensions have affected development efforts.
This is a developing story.