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In 75th year of Independence, India is fifth biggest economy of the world: EAM Jaishankar

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Published : Sep 24, 2022, 10:07 PM IST

Updated : Sep 24, 2022, 10:47 PM IST

External Affairs Minister Jaishankar on Friday noted that India's development rests on an expansive Digital Public Infrastructure designed to promote that "No one is left behind”. Jaishankar underlined that in recent days, digital technology has successfully advanced the food-safety net to 800 million Indians, more than US$300 billion of benefits have been distributed digitally, 400 million people get food regularly and India ave administered over 2 billion vaccinations and the secret of that is indeed Digital.

In the 75th year of independence, India stands as the fifth biggest economy of the world: EAM Jaishankar
In the 75th year of independence, India stands as the fifth biggest economy of the world: EAM Jaishankar

New Delhi: External Affairs Minister Jaishankar on Friday said in the 75th year of Independence, India stands as the fifth biggest economy in the world. In his opening remarks at the event - "India@75 Showcasing India-UN Partnership, on the sidelines of UNGA, Jaishankar said, "In the 18th century, India accounted for about a quarter of the global GDP. By the middle of the 20th, colonialism ensured that we were one of the poorest nations in the world.

That was our state when we became a founding member of the United Nations. But in the 75th year of its independence, India stands before you, proudly, as the fifth biggest economy of the world and is still rising as the strongest, most enthusiastic, and definitely the most argumentative democracy," he added.

He noted that India's development rests on an expansive Digital Public Infrastructure designed to promote that "No one is left behind”. Jaishankar underlined that in recent days, digital technology has successfully advanced the food-safety net to 800 million Indians, more than US$300 billion of benefits have been distributed digitally, 400 million people get food regularly and India has administered over 2 billion vaccinations and the secret of that is indeed digital.

"India today envisions itself as a developed country by 2047, 100 years of our independence. We dream of digitizing our most remote villages and landing on the moon, perhaps even digitizing it," he said and added, 'Our foundational belief is that India’s own development is inseparable from that of the rest of the world. Without doubt, our progress and growth have also benefitted from our interface with the United Nations and its agencies". He pointed out that India was a founding member of the UN and as the country marks 75 years of freedom, it also celebrates 75 years of our partnership with the UN.

"The India-UN Development Partnership Fund is particularly symbolic of this relationship because it is the first-ever single country and South-South initiative at the UN. It currently extends to 66 development projects in 51 countries. Today, you will hear some of these stories from my colleagues", Jaishankar said at the UNGA. "Our multifaceted partnership with the UN is significantly reflected in the area of peacekeeping. We have contributed over the years more than a quarter million personnel to this effort, more than any other country. But it would be best if you heard that from others about the difference that we have made to peacekeeping", added Jaishankar.

India has also enabled two major initiatives for global climate action. The first is the International Solar Alliance which India pioneered with France in 2015, on the sidelines of COP21. Today, it has over 100 members. The second is the Coalition for Disaster Resilient Infrastructure in which India is the founder member. At the COP26 last year, India helped to launch further initiatives under these two platforms like the "One sun, One world, One grid" – Green Grids Initiative and the "Infrastructure for the Resilient Island States” initiative.

Minister further noted that the Covid-19 pandemic is an unprecedented global crisis. "When needed, we responded first with vaccines for our friends in Africa, the Caribbean, Latin America, and our own neighborhood. I am delighted that there will be others who will share their perspective on this subject," he said.

India said that the conflict in Ukraine has aggravated food and energy inflation making it one of the biggest challenges of our times. "India has responded by supplying food grains to Afghanistan, Myanmar, Sri Lanka, Yemen, and several countries in Africa. It is important that we hear from those who have joined us today on the criticality of food security," Jaishankar said. It is pertinent to note that India stands committed, it stands ready to strengthen its partnerships with the UN to ensure a brighter future for the planet.

New Delhi: External Affairs Minister Jaishankar on Friday said in the 75th year of Independence, India stands as the fifth biggest economy in the world. In his opening remarks at the event - "India@75 Showcasing India-UN Partnership, on the sidelines of UNGA, Jaishankar said, "In the 18th century, India accounted for about a quarter of the global GDP. By the middle of the 20th, colonialism ensured that we were one of the poorest nations in the world.

That was our state when we became a founding member of the United Nations. But in the 75th year of its independence, India stands before you, proudly, as the fifth biggest economy of the world and is still rising as the strongest, most enthusiastic, and definitely the most argumentative democracy," he added.

He noted that India's development rests on an expansive Digital Public Infrastructure designed to promote that "No one is left behind”. Jaishankar underlined that in recent days, digital technology has successfully advanced the food-safety net to 800 million Indians, more than US$300 billion of benefits have been distributed digitally, 400 million people get food regularly and India has administered over 2 billion vaccinations and the secret of that is indeed digital.

"India today envisions itself as a developed country by 2047, 100 years of our independence. We dream of digitizing our most remote villages and landing on the moon, perhaps even digitizing it," he said and added, 'Our foundational belief is that India’s own development is inseparable from that of the rest of the world. Without doubt, our progress and growth have also benefitted from our interface with the United Nations and its agencies". He pointed out that India was a founding member of the UN and as the country marks 75 years of freedom, it also celebrates 75 years of our partnership with the UN.

"The India-UN Development Partnership Fund is particularly symbolic of this relationship because it is the first-ever single country and South-South initiative at the UN. It currently extends to 66 development projects in 51 countries. Today, you will hear some of these stories from my colleagues", Jaishankar said at the UNGA. "Our multifaceted partnership with the UN is significantly reflected in the area of peacekeeping. We have contributed over the years more than a quarter million personnel to this effort, more than any other country. But it would be best if you heard that from others about the difference that we have made to peacekeeping", added Jaishankar.

India has also enabled two major initiatives for global climate action. The first is the International Solar Alliance which India pioneered with France in 2015, on the sidelines of COP21. Today, it has over 100 members. The second is the Coalition for Disaster Resilient Infrastructure in which India is the founder member. At the COP26 last year, India helped to launch further initiatives under these two platforms like the "One sun, One world, One grid" – Green Grids Initiative and the "Infrastructure for the Resilient Island States” initiative.

Minister further noted that the Covid-19 pandemic is an unprecedented global crisis. "When needed, we responded first with vaccines for our friends in Africa, the Caribbean, Latin America, and our own neighborhood. I am delighted that there will be others who will share their perspective on this subject," he said.

India said that the conflict in Ukraine has aggravated food and energy inflation making it one of the biggest challenges of our times. "India has responded by supplying food grains to Afghanistan, Myanmar, Sri Lanka, Yemen, and several countries in Africa. It is important that we hear from those who have joined us today on the criticality of food security," Jaishankar said. It is pertinent to note that India stands committed, it stands ready to strengthen its partnerships with the UN to ensure a brighter future for the planet.

Last Updated : Sep 24, 2022, 10:47 PM IST
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