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B20 Summit 2023: India’s Developments Can Solve One-Sixth Of World’s Problems, Says EAM S Jaishankar

EAM said that India emerged as the ‘Pharmacy of the World’ during the Covid-19 pandemic, through the export of ‘Made in India’ vaccines to over 100 countries.

New Delhi: External Affairs Minister S Jaishankar on Sunday said that the developments in India "can solve 1/6th of the world's problems" and provide "replicable models for the rest of the global south."

Addressing the B20 summit in the national capital on Sunday, Jaishankar affirmed that India has walked the talk when it comes to raising issues of the Global South, highlighting that the world today was simultaneously witnessing experimentation, scaling up, deployment, innovation, and breakthroughs in the country, reported news agency ANI.

“Today’s India is the one, where the world simultaneously witnesses experimentation, scaling up, deployment, innovation, and breakthroughs. I stress these developments not only because they solve one-sixth of the world’s problems by themselves, but because they provide replicable models for the rest of the Global South,” Jaishankar said at the event.

Prime Minister Narendra Modi is set to address the Summit as it concludes today.

EAM said that India emerged as the ‘Pharmacy of the World’ during the Covid-19 pandemic, through the export of ‘Made in India’ vaccines to over 100 countries, adding that New Delhi was also the first responder during the times of distress and upheaval in Myanmar and Turkey.

Speaking on how India worked to advance the cause of the Global South, Jaishankar said, "So how has India walked the talk, when it comes to Global South? Stress situations normally provide a good indicator of intent and behaviour. During the Covid (pandemic), Made-in-India vaccines were sent to about 100 countries. And about 150 nations imported medicines during this period from the Pharmacy of the World’."

The EAM stated that India’s ‘development partnerships’ have grown significantly over the last decade, and now extend to 78 nations across geographies. He added that 600 projects delivered or under execution are a testimony of New Delhi’s goodwill as much as of its capabilities.

“Believing that capacity building is central to global development, we have provided training to 200,000 nationals of more than 60 countries. And our approach is guided by the ‘Kampala’ principle, enunciated by Prime Minister Modi in 2018, which in essence said that the priority of our partners will be a determining criterion,” he added.

The Business 20 (B20) is the official G20 dialogue forum with the global business community.

The theme for this year’s event is ‘R.A.I.S.E – Responsible, Accelerated, Innovative, Sustainable and Equitable Businesses’.

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