February 5, 2023

India’s moment on world stage has truly arrived: Times MD Vineet Jain | India News


NEW DELHI: “Today, we are at the dawn of a new era. From ‘under-developed’ to ‘developing’ to ‘emerging’ — India has had many tags attached to it through the decades. But as the G20 summit in Bali so clearly established, India’s moment on the world stage has truly arrived,” Times Group managing director Vineet Jain mentioned on Thursday.
Delivering the welcome cope with on the Times Now Summit 2022, Jain recalled PM Narendra Modi’s phrases to Russia’s President Putin in September —“The era of war is over, let’s talk peace” — and mentioned, “In the days that followed, his (the PM’s) words resonated through the global leadership. His pivotal role was publicly acknowledged by a majority of UN Security Council’s permanent members. And now, they have been adopted by consensus in the Bali Declaration. In a fractured world, he has emerged as a statesman who has the ears of both Washington DC and Moscow.”

Jain mentioned, “Even as India takes centrestage politically and diplomatically, it has been racing up the economic pecking order, too. In a karmic twist, it recently overtook the United Kingdom – its former colonial ruler — to become the world’s fifth largest economy. It is set to overtake Germany and Japan to become one of the world’s top three economies in the next few years.” After list a slew of alternative information on the trade and investments entrance, Jain mentioned, “At a time when some of the biggest economies are staring at a recession, India remains a high-growth bright spot on the global map.” “The most important aspect of the rise of a New India,” the Times Group MD mentioned, “is that it’s being driven not just by the mind, but equally, by the heart — by hriday.

If proof were required of this, it comes in the form of the Centre’s food subsidy expenditure — which is set to cross Rs 3 lakh crore. That’s primarily because of the free foodgrains scheme under the PM Garib Kalyan Ann Yojana.” Jain stated the “formidable challenges” that the country faces — “foremost among them is the fact that we are in a hostile neighbourhood. There are many who would like to block our progress towards peace and stability.” But, because the Prime Minister and residential minister had “demonstrated time and again – while India does not seek conflict, it will not compromise on the safety and security of Indian citizens,” Jain added.