PM delivers ‘State of the World’ special address at the World Economic Forum’s Davos Agenda

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The Prime Minister has delivered a ‘State of the World’ special address at the World Economic Forum’s Davos Agenda.

What are the key highlights of his address at the World Economic Forum’s Davos Agenda?

India as Pharmacy to the World: India has exported essential medicines and vaccines by following its vision of ‘One Earth, One Health’. India is currently the world’s third-largest pharmaceutical producer and is considered a ‘pharmacy to the world’.

IT Sector: a) India is providing a record number of software engineers. More than 50 lakh software developers are working in India b) As compared to mere 100 start-ups in 2014, India has more than 60 thousand start-ups and c) India has the third-largest number of unicorns with over 80 unicorns, among which more than 40 were formed in 2021 itself. 

Read more: Global Unicorn Index 2021: India adds 33 unicorns in one year, displacing U.K.

Climate Change: He introduced the concept of the “P3 (Pro-Planet People) movementthat underlines India’s climate change commitments. This movement has the same spirit as the Mission LIFE idea that he had discussed at COP-26

Note: LIFE (Lifestyle for Environment) is a vision of such a Resilient and Sustainable Lifestyle that will be useful in not only dealing with the Climate Crisis but also in dealing with futuristic unpredictable challenges. 

Net Zero Carbon Emissions: India has set the target of achieving net-zero carbon emissions by 2070. India’s initiatives such as the International Solar Alliance and Coalition for Disaster-Resilient Infrastructure for Climate Adaptation are proof of this.

Economic Reforms: India has regained the confidence of the business community by reforming measures like retrospective taxes, and it has also deregulated many sectors like Drones, Space, Geo-spatial mapping. 

Infrastructure: India has launched Gati Shakti National Master Plan to bring every stakeholder on the same platform for promoting development. Under the plan, work will be undertaken for planning, development and implementation of connectivity infrastructure in an integrated manner. 

Source: This post is based on the articles:

 PM delivers ‘State of the World’ special address at the World Economic Forum’s Davos Agendapublished in PIB on 18th January 2022.

“PM Modi: Best time to invest in India, multilateral institutions need reforms” published in Indian Express on 18th January 2022.

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