Global South Centre of Excellence
Recently, Prime Minister Narendra Modi announced that India will establish a Global South Centre of Excellence to undertake research on development solutions for developing countries. He also called for a human-centric globalisation to address the concerns of these countries. The announcement was made during his opening address at the concluding session of the Voice of Global South virtual summit.
Challenges Faced by Developing Countries
In his address, Prime Minister Modi acknowledged that the challenges of COVID-19, rising prices of fuel, fertilisers, and food grains, and increasing geo-political tensions have adversely impacted the developing countries. He said that these countries desire a globalisation that does not create a climate crisis, debt crisis, or trigger unequal distribution of vaccines or over-concentrated global supply chains.
“We want a human-centric globalisation. We, the developing countries, are concerned about increasing fragmentation of the international landscape,” he said. “These geopolitical tensions distract us from focusing on our development priorities… To address this geopolitical fragmentation, we urgently need fundamental reform of international organizations including the UN Security Council and Bretton Woods institutions,” he added.
Global South Centre of Excellence
To address these challenges, Prime Minister Modi announced that India will establish a Global South Centre of Excellence. This center will undertake research on “development solutions or best practices of any of our countries which can be scaled up and implemented in other members of the Global South”. The prime minister also noted that the summit has seen participation from more than 120 developing countries.
This center will act as a platform for developing countries to share their best practices and solutions to common development challenges, as well as to collaborate and learn from each other. It will play an important role in promoting sustainable development and addressing the needs of developing countries.
In conclusion, Prime Minister Modi’s announcement of establishing a Global South Centre of Excellence for research on development solutions is a positive step towards addressing the concerns of developing countries and promoting sustainable development. This center will act as a platform for countries to share their best practices and collaborate to find solutions to common development challenges.
Month: Current Affairs - January, 2023
Category: India Nation & States Current Affairs