India is making progress on making India a manufacturing hub and its young and talented workforce makes us naturally competitive, he said
India’s economy is expected to grow by 7.5 per cent this year, which will be the highest among the world’s largest economies, said Prime Minister Narendra Modi at Shanghai Cooperation Organisation (SCO) summit in Uzbekistan on Friday.
Modi said that major focus is also being given to the proper use of technology in our people-centric development model as we are supporting innovation in every sector.
Talking about the global challenges, he said that India is ensuring the food security of our citizens. One possible solution to this problem is to promote the cultivation and consumption of millets.
“Millets are a superfood that has been grown for thousands of years, not just in SCO countries, but in many parts of the world, and is a traditional, nutritious, and low-cost alternative to dealing with the food crisis,” he said.
PM also said that the year 2023 will be celebrated as the UN international year of millets. We should consider organising a ‘Millet Food Festival’ under the SCO.
Today, when the whole world is facing the challenges of economic recovery after the pandemic, the role of SCO becomes very important, Modi added.
Notably, SCO member countries contribute about 30 per cent of global gross domestic product (GDP) and 40 per cent of the world’s population also lives in SCO countries.
India supports greater cooperation and mutual trust among SCO members. The pandemic and the crisis in Ukraine caused many obstacles in global supply chains, due to which the whole world is facing an unprecedented energy and food crisis.
“SCO must make efforts to develop reliable, resilient and diversified supply chains in our region. This will require better connectivity, as well as it will be important that we all give each other full right to transit,” Modi said.