At a function organized recently by a prominent traders' organization in New Delhi, External Affairs Minister Dr. S. Jaishankar articulated a vision for India’s future as a leading global power. In his address, Dr. Jaishankar underscored the various national strengths that India must develop to achieve this status.
Enhancing Capability and Competitiveness
Dr. Jaishankar emphasized that India’s primary focus should be on enhancing its capabilities and competitiveness. This includes fostering a business-friendly environment that attracts investment and promotes growth. He pointed out that India has already made significant strides in this direction through robust economic growth, sweeping reforms, and improved governance. These measures have laid a strong foundation for future progress.
Key Areas of Progress
The Minister highlighted several key areas where India has witnessed substantial advancements
Economic Growth
India has experienced robust growth, positioning itself as one of the fastest-growing major economies in the world.
Reforms
The country has implemented a range of sweeping reforms aimed at simplifying business operations and boosting economic efficiency.
Governance
Radical improvements in governance have enhanced transparency and accountability in both the public and private sectors.
Fiscal Discipline
Strong fiscal discipline has ensured economic stability and resilience against global financial fluctuations.
Infrastructure Development
Significant investments in infrastructure have improved connectivity and boosted economic activities across the country
Digitisation
Rapid digitisation efforts have transformed various
sectors, making services more accessible and efficient.
Skill Development
A strong focus on developing skills has equipped the workforce to meet the demands of a modern economy.
India’s Global Branding
Dr. Jaishankar also touched upon the importance of the larger branding endeavour of today’s India. He asserted that these developments make a compelling case to the world, showcasing India as a dynamic and progressive nation ready to take on global challenges.
Global Resources and India’s Identity
Highlighting the need for access to global resources, Dr. Jaishankar introduced the concept of combining "Bharat first" with "Vasudhaiva Kutumbakam," which means "the world is one family." This dual approach positions India as a 'Vishwabandhu,' or a global friend, committed to fostering international cooperation and stability.
Addressing Global Conflicts
Expressing concern over the rising global conflicts and tensions, Dr. Jaishankar positioned India as a stabilizing force on the world stage. He urged the business community to support this vision by fostering trust and transparency, especially in the era of the AI revolution. According to him, these qualities are now at a premium in global sourcing and collaboration efforts.
Conclusion
In conclusion, Dr. Jaishankar’s speech outlined a comprehensive roadmap for India’s ascent as a leading global power. By enhancing its capabilities, fostering a business-friendly environment, and positioning itself as a stabilizing force globally, India is poised to make significant strides on the world stage. The Minister’s vision underscores the importance of collective effort and collaboration in achieving this ambitious goal.
Uday India Bureau
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