Page 45 - NIS English 16-28 Feb 2022

DAVOS AGENDA Global

INDIA ON THE WORLD STAGE….

India is now the world's third-largest connectivity infrastructure.
pharmaceutical producer; it serves as a global Through innovative financing tools like asset
pharmacy. monetization, a target to generate $80 billion
India is sending a record number of software has been set. India has also launched the
developers to the rest of the world. In India, Gati Shakti National Master Plan to bring
more than 50 lakh software developers are every stakeholder on the same platform for
employed. promoting development.
India has the world's third-largest number of To encourage investment and production,
unicorns. In the last six months, over 10,000 production-linked incentives (PLI) worth $26
start-ups have been registered. Their number billion have been implemented in 14 sectors.
has now crossed 60,000. It also includes over The $10 billion incentive plan to roll out the
80 unicorns, more than 40 of them were created fab, chip, and display industries reflects the
in the year 2021. government's commitment to facilitating global
India now has the largest, most successful, and supply chains.
secure digital payment platform in the world. In The spirit of "Make in India, Make for the World"
India alone, UPI transactions reached 4.4 billion is driving India forward. Along with telecom,
in December 2021. insurance, defence, and aerospace, India today
The world has taken notice of the Arogya Setu offers endless opportunities in the field of
App for COVID infection tracking and the entire semiconductors as well.
CoWin Portal vaccination system. Has set a target of net-zero emissions by 2070.
India is currently improving the ease of India, with 17 percent of the world's population,
doing business by minimizing government may contribute only 5 percent to global carbon
intervention. By lowering its corporate tax, emissions, but its commitment to tackling the
India has become one of the most competitive climate challenge is 100 percent.
economies in the world. Initiatives like the International Solar Alliance
Every global partner may benefit from India's and the Coalition for Disaster-Resilient
innovation, ability to adopt the latest technology, Infrastructure for Climate Adaptation are proof
and entrepreneurial zeal. As a result, it is an of this. As a result of our efforts over the years,
excellent time to invest in India. non-fossil fuel sources now account for 40%
More than 6 lakh villages in the country are being of our energy mix. India fulfilled its promises
connected with optical fibre. An investment made in Paris nine years ahead of schedule.
of $1.3 trillion is being made, especially on

WHAT IS The World Economic Forum was established in 1971. Earlier, its name was European
Management Forum. The name was changed in 1987. It is an NGO whose meetings are
held every year in January in Davos, Switzerland, hence it is called the Davos Agenda.
THE DAVOS For the first time, this meeting was held in 1988. Its purpose is to discuss with all
AGENDA? the national presidents the ongoing issues in the world on social issues like political,
economic, globalization, the environment, and national-international problems.

welfare, and wellbeing within this time period, the PM vision of such a Resilient and Sustainable Lifestyle
said. Referring to how this period of development which will be useful in not only dealing with
will be green, clean, sustainable as well as reliable, Climate Crisis but also with futuristic unpredictable
the Prime Minister said that 'Throw away' culture challenges. Therefore, it is important to transform
and consumerism have made the climate challenge Mission LIFE into a global mass movement. A public
more serious. It is very important to rapidly shift participation campaign like LIFE can be made into
today's 'take-make-use-dispose', economy towards a big base for, P-3, that is, 'Pro Planet People'. He
a circular economy. Mr Modi further said the same stressed that India has given a beautiful gift to the
spirit is at the core of the idea of Mission LIFE whole world. In this bouquet of hope, we Indians
that was discussed at the COP-26 meeting held in have unwavering faith in democracy, technology,
Glasgow. LIFE - means Lifestyle for Environment, a nature and capability.

New India Samachar February 16-28, 2022 43