PM Narendra Modi awarded 2018 Seoul Peace Prize

Seoul Peace Prize Committee has decided to confer 2018 Seoul Peace Prize on Prime Minister Narendra Modi. He is the fourteenth recipient of this award. The award will be presented to him by Seoul Peace Prize Foundation at mutually convenient time.

Key Facts

PM Modi was selected for this prestigious award in recognition of his dedication for improving international cooperation, raising global economic growth, accelerating Human Development of people in India by fostering economic growth and furthering development of democracy through anti-corruption and social integration efforts. It also recognized PM Modi’s contributions to growth of Indian and global economies, credited ‘Modinomics’ for reducing social and economic disparity between rich and poor. It also lauded PM’s initiatives to make government cleaner through anti-corruption measures and demonetization. It also credited PM for his contribution towards regional and global peace through proactive foreign policy with countries around  world under Modi Doctrine and Act East Policy.

Seoul Peace Prize

It was established in 1990 to commemorate success of the 24th Olympic Games held in Seoul, South Korea. It was established to crystallize Korean people’s yearning for peace on Korean Peninsula and in the rest of the world.  It is awarded biennially to those individuals who have made their mark through contributions to harmony of mankind, reconciliation between nations and world peace.  The awardee receives diploma, plaque and honorarium of US $200,000. Past laureates include distinguished global personalities like German Chancellor Angela Merkel, former UN Secretary General Kofi Annan and renowned international relief organizations like Doctors Without Borders and Oxfam.

Month: Current Affairs - October, 2018