See More on Facebook

Diplomacy, Economics

Modi’s Day in Davos

India’s Prime Minister Narendra Modi hits out at protectionism at 48th World Economic Forum meeting in Davos.


Written by

Updated: January 30, 2018

India’s Prime Minister Narendra Modi made the most of his opening speech at Davos – the first by an Indian in 20 years – hitting out at protectionism and calling for a more unified world.

Speaking in Hindi, Modi spoke of the three grave challenges facing the world – “climate change, terrorism and a threat to globalisation with powers of protectionism rising”. He said it is dangerous to create an “artificial distinction” between a ‘good terrorist’ and ‘bad terrorist’ and that issues of peace, security and stability are serious global challenges.

Modi held up India’s ancient traditions as well as its democratic present as a model for addressing these challenges. In India, he said, “democracy, demography and dynamism”; are shaping development and growth that is inclusive.

He said India has set an aggressive target of producing 175 gigawatts of renewable energy by 2022, and that India and France will soon ratify a treaty creating a new International Solar Alliance, with its first meeting to be held in New Delhi.

Modi said that “many societies and countries are becoming more and more focused on themselves,” and identified this trend as a challenge on par with climate change and terrorism.“We will have to accept that globalisation is slowly losing its lustre,” he said. “These global organisations created after the Second World War – do they even reflect the aspirations and dreams of mankind and the reality of today?” he asked.

He warned that the gap between these organizations and the needs of developing countries is particularly large.

“The solution to this worrisome situation is not isolation…The solution is accepting and understanding change and formulating flexible policies in line with the changing times,” he said, suggesting that a globalism that does not seek to sweep away national and cultural differences is needed.

Modi underscored the openness of India to foreign investment with the country poised to become the world’s fastest growing economy at 7.4 per cent. Investing in India, travelling to India and manufacturing in India has become much easier, he stressed. “We are removing the red tape and rolling out the red carpet,” he said, noting that, in the past three years, the Indian government has abolished over 1,400 “archaic” laws.

“I’m sure you can imagine, in a democratic state, how difficult it is to do that,” he added. India’s reforms will, Modi believes, drive fast growth: He targets a US$5 trillion GDP by 2025. “The path my government in India has chosen is revolutionary and development-centric. Our mantra is ‘reform, perform
and transform’,” said Modi.

But he insisted this will be done in accordance with his oft-repeated claim that Indians consider the whole world its family. “India has never had any political or geographical ambitions. We do not exploit the natural resources of any country. We believe in a multicultural and a multipolar world order.”



Enjoyed this story? Share it.


About the Author: Lamat R Hasan is an independent journalist based in New Delhi.

Eastern Briefings

All you need to know about Asia


Our Eastern Briefings Newsletter presents curated stories from 22 Asian newspapers from South, Southeast and Northeast Asia.

Sign up and stay updated with the latest news.



By providing us with your email address, you agree to our Privacy Policy and Terms of Service.

View Today's Newsletter Here

Diplomacy, Economics

S. Korea grapples with gender discrimination in workplace

Despite it’s high economic developments, critics say that South Korea has to improve workplace equality. South Korea has seen its female employment index improve steadily over the past 10 years, but continues to struggle with gender equality when it comes to parental leave and consequent career breaks, data showed Monday. Unlike in most developed economies which tend to see the employment rate of women in their 40s peak and start declining in the 50s, Korea has seen women in their late 30s and early 40s — the prime age for childbirth and childcare — being pushed out of the labor market. All seven of the so-called 30-50 club count


By The Korea Herald
October 22, 2019

Diplomacy, Economics

New Delhi slams Islamabad for unilaterally stopping postal services

Prasad further said that Pakistan ‘without any prior notice or information has stopped sending postal department’s letter to India’. Union Minister Ravi Shankar Prasad on Monday said that Pakistan had stopped postal service from India for the last two months and slammed the move saying that it was in contravention of international norms. “For the last two months, Pakistan has stopped postal service from India. It’s directly in contravention of the World Postal Union’s norms,” Prasad told reporters. “But Pakistan is Pakistan,” Prasad, who is the Minister for Communications and IT, added. He said that Pakistan “without any prior notice or information has stopped sending postal department’s letter to India”. Pakistan has upped the ante against India ever since Parliament withdrew special category status to Jammu and Kashmir by revoking Article 370 of its Constitution.


By Dawn
October 22, 2019

Diplomacy, Economics

Beijing sounds warning against foreign interference at annual security forum

China’s Defence Minister Wei Fenghe delivers a speech at the Xiangshan Forum in Beijing, China. China’s Defence Minister Wei Fenghe sounded a thinly veiled warning against the United States at a security conference in Beijing, saying that interfering in the internal affairs of others and inciting colour revolutions have led to wars and turbulence in various regions in the world. Such “reckless interference” would not foster harmonious relations, said General Wei on Monday (Oct 21) in his speech to open the conference. Beijing has blamed foreign countries, including the US, for inciting the unrest that has convulsed Hong Kong for five months. It has also


By The Straits Times
October 22, 2019

Diplomacy, Economics

Border clash with India leaves 7 dead in Pakistan

Kashmir is becoming an untenable boiling point. At least six civilians and a Pakistani soldier were killed as Indian troops resorted to “indiscriminate and ruthless” shelling from across the Line of Control (LoC) in Azad Jammu and Kashmir (AJK), officials said on Sunday. Officials said that nine other civilians were injured, adding that this was the highest death toll in 2019 in a single day of Indian shelling from across the dividing line. Inter-Services Public Relations (ISPR) notified through a tweet that one soldier had been martyred in the exchange of fire while two others were injured. ISPR added that in response to unprovoked ceasefire violations by India in Jura, Shahkot and Nauseri sectors, nine Indian soldiers were killed while several ot


By Dawn
October 21, 2019

Diplomacy, Economics

Chinese TV drama to air on Kenya’s national television

China has expanded aggressively into Africa. Kenya Broadcasting Corporation on Saturday signed a partnership agreement with China’s National Radio and Television Administration that will see the national broadcaster air a popular Chinese TV drama, Feather Flies to the Sky. The drama is a 55-episode series that will be aired by national broadcaster Channel one TV until June next year. Speaking during the launch event in Nairobi, Kenya, Dr Naim Bilal, the managing director of Kenya Broadcasting Corporation, said the TV series has been dubbed in Standard Kiswahili, one of the official languages in Kenya, to make it appealing to many people. “We have reviewed the series, looked at its quality and content as well as the quality of the language, and we are fully satisfied that it’s a drama that is going to entertain Kenyans,” Bilal said. He sa


By China Daily
October 21, 2019

Diplomacy, Economics

‘History will take note of those who ridiculed removal of Article 370’: PM Modi in Maharashtra

PM Modi also expressed confidence that the BJP will break all victory records in the October 21 Maharashtra Assembly elections. Prime Minister on Thursday once again lashed out at the opposition saying that history will take note of those who mocked the abrogation of Article 370, that gave special status to Jammu and Kashmir. “Whenever Article 370 will be discussed in history, — the decision that was taken in the interest of the country — the people who opposed and ridiculed will be remembered,” PM Modi said while addressing a poll rally in Maharashtra’s Parli. He said the next week’s state Assembly elections were a battle between BJP’s “karyashakti” (power of development) and opposition’s “swarth shakti” (selfishness). Further targeting the Congress and NCP leaders, he wondered if “frustrated and dejected” people could do anything good for people. “A Congress


By The Statesman
October 18, 2019