Is India Ready to Lead Change in the Global South?

Synopsis
Key Takeaways
- India is a key player in promoting stability amidst global economic uncertainties.
- Inclusive growth and sustainable development are central to India's economic model.
- India's success can serve as a blueprint for other developing nations.
- Recent data indicates a significant reduction in poverty levels in India.
- India reaffirms its commitment to the UN as a cornerstone of multilateralism.
New Delhi, July 23 (NationPress) India’s ongoing economic progress and its model of inclusive development position the country as an “anchor of stability” during a time of global economic volatility and transformation, stated Suman Bery, Vice Chairman of NITI Aayog.
Speaking at the ministerial session of the High-Level Political Forum on Sustainable Development at the United Nations Headquarters in the United States, Bery noted that the world is in a phase of significant economic transition, necessitating collective efforts to achieve the Sustainable Development Goals (SDGs).
He stressed that the world requires innovative growth engines and development models that can be effectively scaled and replicated across nations, along with reliable anchors of stability.
Bery asserted that India, leveraging its unique advantages and growth trajectory, is more than willing to provide all three.
Highlighting India’s economic resilience, he affirmed that the nation has evolved into a vibrant democracy with steadily improving socioeconomic indicators. This progress, he noted, is attributed to a blend of inclusive digital technologies, ethical reforms, and laws designed to empower all sectors of society.
Moreover, he underscored India’s determination to foster change across the Global South, suggesting that other developing nations could draw valuable lessons from India's remarkable development journey characterized by scale, speed, and stability.
According to recent data cited by Bery, approximately 248 million Indians are estimated to have risen out of poverty between 2013-14 and 2022-23. He emphasized India’s commitment to ensuring that these young individuals have a promising and productive future, as the country boasts the largest youth workforce globally.
Bery concluded by stating that India’s development narrative serves as proof that inclusive and sustainable growth is achievable and can be replicated in a variety of contexts.
He reiterated India’s belief in the UN as the foundation of multilateralism as the organization celebrates its 80th anniversary.