The interview with PM Modi shows that India is prepared to play a larger global role

 The interview with PM Modi shows that India is prepared to play a larger global role

The prime minister's interview with Moneycontrol reveals his opinions on India's current G20 leadership as well as his outlook on the country and what it can offer the rest of the world.

What is the best course of action in these challenging times, which are marked by geopolitical tensions, climate change, and economic upheavals? In light of the upcoming G20 summit in Delhi, Prime Minister Narendra Modi's interview with Moneycontrol reveals his views on not just India's current G20 chairmanship but also his vision for the country and what it can give the rest of the globe.

The prime minister accepted that the world has changed to a multipolar one in which each nation will protect its own interests. But he also made the point that many nations, even those willing to collaborate with us, have come to trust India. The prime minister claimed that our ability to accomplish this was made possible by his administration's focus on economic and development reforms, as well as a single-minded attention on building infrastructure, all of which have produced significant results. These elements have given India the power to expand its economy and provide international solutions across a range of industries.

The results are evident: year after year, foreign direct investment into India breaks records, service exports continue to grow despite a weak global economy, businesses are rushing to establish manufacturing operations in India as part of the Make in India initiative, and mobile manufacturing has already achieved astounding success. In the words of the prime minister, "Whether it is space or science, technology or trade, economy or ecology, India's actions have been lauded worldwide." It is unnecessary to reiterate India's recent triumphs in space exploration, its global leadership in the use of digital technology to governance, and the envy-inspiring pace of economic expansion. The fact that every country recognizes that India has a lot to offer any partnership and wants to invest in and forge strong ties with us is no surprise.

India has a chance to draw global value chains to its borders in a multipolar world, but the prime minister properly emphasized that nations must provide stable policies that support commerce, industry, and innovation.

In particular, the development of digital public infrastructure and the green economy both have enormous promise for future investment and innovation. The prime minister emphasized that India has already met its goal of getting 40% of its energy from non-fossil fuel sources, that the installed capacity of solar energy facilities in India has increased 20-fold, and that we are among the top 4 nations at capturing wind energy. The growth of UPI has been amazing in terms of digital public infrastructure, and the government e-marketplace has given small and medium-sized businesses more leverage. By establishing a level playing field on digital platforms, the ONDC holds great promise and will transform e-commerce.

As the prime minister noted, "For us, technology is a means to empower people, reach the unreached, and take growth and welfare to the last mile." there is another reason why digital public infrastructure is crucial. One of the reasons for the prime minister's enormous popularity is the fact that social benefits are now going to the needy instead of being skimmed by dishonest middlemen; according to a recent Pew Research survey, 79 percent of Indians have a positive opinion of Narendra Modi.

Giving aid to the underprivileged is important, but it's not the only aspect. In addition, the prime minister said that "people from every region and social class exhibited a 'can do' spirit. They overcame obstacles with tremendous resourcefulness and expertise. They were really confident despite the difficulties. They only required a platform that gave them authority. This notion of people's empowerment and control over their own fate marks a fundamental departure from traditional welfareism.

The idea of "Sabka Saath, Sabka Vikas," or development for all, also drives India's assistance to the Global South in its campaigns to be heard, to negotiate a fair deal for financing climate change policies, to try and secure debt relief, and to reform multilateral institutions.

The governing principle in international relations is Sabka Saath, Sabka Vikas, Sabka Vishwas, and Sabka Prayas, according to PM Modi in a letter to Moneycontrol.

The interview has highlighted the government's dedication to reform, its faith in the people's capacity for entrepreneurship and empowerment, and a strong conviction that India is now prepared and eager to assume its obligations on the international stage. It is accepting responsibility and making things happen that will change things, as the prime minister remarked.

India is a force for peace in a divided globe because of its success both at home and internationally, making it the ideal country to serve as a link between the Global North and the Global South, both inside and outside of the G20.