International Monetary Fund predicts 11.5% growth rate for India in 2021.
In the new world order that is being proclaimed by the World Economic Forum, India should be given a place at the forefront. Prime Minister Narenda Modi confirmed this a week ago at a meeting of the BJP-led National Democratic Alliance (NDA). With its 11.5% economic growth in 2021, India is the only major economy in the world to see double-digit growth this year amid the coronavirus pandemic, NDTV reported.
“In his address at the NDA leaders meeting today, Prime Minister Narenda Modi said that a new world order is emerging after the pandemic & India has a major role to play in the emerging new world order,” tweeted Union Minister for Parliamentary Affairs Pralhad Joshi.
“He said that this decade is a very important one, just like the decade after World War II, unlike before, we will not be a dumb bystander. We will take the opportunity based on our traditions and ideals of Vasudhaiva Kutumbakam, added the Prime Minister,” added Joshi.
Is this economic supremacy due to collaboration in vaccine manufacturing? India is one of the largest vaccine manufacturers and has earned Modi a lot of goodwill. Or are Modi’s connections to Klaus Schwab decisive?The pandemic has also prompted Prime Minister Modi to renew his plans to make India a center of production and entrepreneurship and self-sufficiency through the government project “Aatmanirbhar Bharat“. His nationalism – because of which he got along excellently with President Trump – is proving to be the winning strategy on the world stage.