Lauding Prime Minister Narendra Modi’s management in a fractured world, the World Economic Forum’s (WEF) Founder and Executive Chairman Klaus Schwab mentioned India is a brilliant spot amid the worldwide disaster and its G20 presidency comes at a essential time.

“India’s G20 presidency comes at a essential time, Prime Minister Modi’s management is crucial in this fractured world,” Schwab said.

In its statement, the WEF said it values its nearly 40-year collaborative history with India and looks forward to continued cooperation with the country during its G20 presidency under Prime Minister Modi’s leadership.

“I had the pleasure of meeting the Indian ministerial delegation and many of its top business leaders,” Schwab mentioned.

“I commend the nation’s decisive motion on the local weather case for renewables, its contribution to the worldwide healthcare ecosystem, the concentrate on an financial mannequin for women-led improvement, and its management on digital public infrastructure. India stays a brilliant spot amid world geoeconomics and geopolitical crises,” he added.

After attending an India reception on Thursday night during the WEF Annual Meeting 2023, Schwab said India is promoting a just and equitable growth for all in the world during its G20 presidency, while also making significant progress on the most pressing domestic challenges.

The WEF said its annual meeting is taking place at a time when multiple crises have deepened divisions and fragmented the geopolitical landscape.

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Governments and businesses must address people’s immediate, critical needs while also laying the groundwork for a more sustainable, resilient world by the end of the decade, leaders have said here.

The WEF said the programme simultaneously addresses immediate crises and long-term future challenges and helps set the scene for India’s G20 presidency.

With PTI inputs

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