World is in crisis, PM Modi warns at Global Summit

TIL Desk/National/New Delhi/ The world is in a state of crisis and it is difficult to predict how long this state of instability will last, Prime Minister Narendra Modi said on Thursday referring to various global challenges arising out of conflict, war and terrorism among others.

 In his opening remarks at the Voice of Global South virtual summit, Modi flagged concerns over rising prices of food, fuel and fertilisers, economic impact of the COVID-19 pandemic as well as natural disasters driven by climate change.

 “We are meeting as a new year dawns and brings new hopes and new energy,” Modi said. “We have turned the page on another difficult year that saw war, conflict, terrorism and geo-political tensions. Rising food, fertiliser and fuel prices, climate change-driven natural disasters and lasting economic impact of the Covid pandemic,” he said.

 “It is clear that the world is in a state of crisis. It is difficult to predict how long this state of instability will last,” Modi added.  The prime minister said the need of the hour is to identify simple, scalable and sustainable solutions that can transform societies and economies.