Foreign Secretary Harsh Vardhan Shringla stated that India is one of the world’s fastest-growing economies. He praised India’s economic policy and stated that the country’s upcoming presidency of the G20 group is both an acknowledgement of our enhanced global standing and an opportunity to project our perspectives and highlight our priorities.
Lauding PM Narendra Modi’s initiative of “Aatmanirbhar Bharat”, Shringla stated that it had transformed India’s economic diplomacy. India will become a more prominent hub for resilient and dependable supply chains and global value chains and it’s democracy dividends in foreign policy and strategic affairs are growing. Shringla also stated that foreign and strategic policies continue to evolve in response to global events. He emphasized India’s contribution to various United Nations initiatives.
The Foreign Secretary said in an interview, “Our commitment to democracy, transparency and the rule of law and the unique Indian ethos of entrepreneurship and hard work is paying an economic dividend. Contemporary economic events in the neighbourhood highlight both the strength and resilience of the Indian economy and its position as a source of liquidity and financial stability during difficult times.”