Davos, Jan 23: Prime Minister Narendra Modi on Tuesday said Climate Change, Terrorism and Inward focus are the three biggest threats to Humankind.
While addressing at World Economic Forum here, India has always believed in values of integration and unity, ‘Vasudhaiva Kutumbakam’ which means the entire world is one family. It is relevant to bridge distances.
“This year the topic here is ‘Creating a shared future in a fractured world’. New powers are changing the balance between Economic & Political strength. This is indicating a change in future of the world. World is facing challenges in maintaining peace, stability and security”, he asserted.
Modi enlisted major threats to Humankind:
“Terrorism is a big threat but an even bigger threat is when you give definitions like good terrorism and bad terrorism”.
“Climate change is huge threat right now, Snow in the Arctic is melting,many islands are sinking or are about to sink.”
“Mahatma Gandhi’s Principle of Trusteeship to use things according to one’s need is important. He was against use of anything for one’s greed. We’re today exploiting nature for our greed. We need to ask ourselves if this is our progress or regression”.
Speaking about Inward Focus, the Prime Minister said “many societies and countries are becoming self-centred. It seems that gloabalisation, as opposed to its definition, is shrinking. Such misplaced preferences can’t be considered any lesser threat than terrorism or climate change. We must admit shine of globalisation is fading.
“Today investing in India, travel to India, work in India, manufacture in India, production and exports from India to the rest of the world is easier than before as we have decided to eliminate the ‘licence-permit raj’ and finish the red tape.”
Modi said now in India foreign direct investment was possible in more than 90 per cent of the sectors through the automatic route. In the last three and a half years, the government has abolished 1,400 outdated laws.
Projecting democracy, demography and dynamism as instruments that were helping India in development, he said all his welfare schemes were aimed at uplifting all sections without any discrimnation and “development for all as its motto”.
“These reforms have given the youth an impetus to work for making India a $5 trillion economy by 2025.” he said. Innovation and entrepreneurship were giving the youth opporutnities to turn job givers rather than being job seekers.
This is Modi’s second visit to Switzerland in last two years. He will interact with 120 members of the International Business Council, which is a part of the WEF.
Modi, in the course of his 24-hour visit to Davos, is also slated to hold a meeting with Sweden Prime Minister Stefan Lofven.