PM Modi’s address at BRICS conference.
The 17th summit of the BRICS group is being held at Rio de Janeiro, Brazil this year. PM Modi is also participating in this conference. Addressing the conference, Prime Minister Narendra Modi has given strict message to the United Nations Security Council, World Trade Organization and major financial bodies. Emphasizing the improvement in these bodies, PM Modi has made it clear that the 21st century software cannot be run on the 20th century typewriters. Let us know what PM Modi has said in his address.
What did PM Modi say?
Prime Minister of India Narendra Modi emphasized on the improvement in major global bodies and said that Global South has often suffered dual criteria. The nations who have made a major contributor to the world economy do not find a place on the decision -making platform. PM Modi said- “In the global institutions set up in the 20th century, two-thirds of humanity has not received adequate representation. The countries that contribute significantly in today’s global economy have not been given a place on the decide table. It is not just a question of representation, but also a question of reliability and effectiveness. These institutions are questioned without global South.
’20th century typewriter … ‘
In Rio de Janeiro, Brazil, PM Modi said that in the era of AI, where the technology is updated every week, it is not acceptable that no global institute is updated even once in 80 years. Can not run the 20th century typewriter 21st century software. ” PM Modi further said that it is unacceptable for global institutions to run without improvement for 80 years. PM Modi said that without ‘Global South’, these institutions look like mobile phones, inside which ‘SIM card’ is installed, but there is no network. Let me tell you that
Institute failed to present solutions
PM Modi further said that it is unacceptable for global institutions to run without improvement for 80 years. “Whether it is the struggles on the world, an epidemic, economic crisis or emerging challenges in cyber or space, these institutions have failed to present solutions.” Giving strict message, PM Modi said that “countries which have a major contribution in today’s global economy have not been given a place on the platform. Two-thirds of humanity is still not given proper representation. Global institutions are unable to work properly or face the 21st century challenges.”
What is Global South and Brics?
Let us tell you that Global South means those countries which are considered less developed in terms of technology, technology and social development. The countries of Global South are mainly located in the southern hemisphere including countries in Africa, Asia and Latin America. The BRICS groups include countries with 11 emerging economies including Brazil, Russia, India, China and South Africa. These countries represent around 49.5 percent of the global population, about 40 percent of the global GDP and about 26 percent of the global trade. (input language)
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