PM Modi’s Leadership Critical in a Fractured World, Says WEF Chairman

PM Modi’s Leadership Critical in a Fractured World, Says WEF Chairman

Klaus Schwab, Founder and Executive Chairman, World Economic Forum (WEF), has said that India’s G20 presidency comes at a crucial time, and Prime Minister Narendra Modi’s leadership is critical in this fractured world.

In a statement, the organisation said that its Annual Meeting 2023 in Davos is taking place at a time when multiple crises have deepened divisions and fragmented the geopolitical landscape. Its programme simultaneously addresses immediate crises and long-term future challenges, and helps set the scene for India’s G20 presidency.

Schwab met the Indian ministerial delegation and many of its top business leaders at the annual meeting. “I commend the country’s decisive action on the climate case for renewables, its contribution to the global healthcare ecosystem, the focus on an economic model for women-led development, and its leadership on digital public infrastructure. India remains a bright spot amid global geo-economics and geopolitical crises,” he added.

The WEF said that it values its nearly 40-year collaborative history with India and looks forward to continued cooperation with the country during its G20 presidency. India is promoting a just and equitable growth for all in the world in this period, the statement added.