"Necessary to provide hope, rekindle optimism," EAM Jaishankar stresses on reforms at UN
United Nations General Assembly that when India lands on the moon or rolls out its own 5G stack, it provides hope and rekindles optimism.
Jaishankar said that overconcentration of production has hollowed out many economies.
«In these troubled times, it is necessary to provide hope and rekindle optimism. We have to demonstrate that big changes are possible...When India lands on the moon, rolls out its own 5G stack, dispatches vaccines worldwide, embraces fintech, or houses so many global capability centres, there is a message here. Our quest for a Viksit Bharat or a developed India will understandably be followed closely. An important cause of many getting left behind has been the unfairness of the current globalisation model. Overconcentration of production has hollowed out many economies, impacting their employment and social stability,» he said.
Jaishankar said that several countries have extracted more from these international systems than what they have contributed, which has made it feeble.
«Countries have extracted more from the international system than they have put into it, enfeebling it in the process. We see that vividly in every challenge and every crisis. Reforming multilateralism is therefore an imperative. The urgency of this call is highlighted by the theme of this session,» he said.
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