While addressing the World EconomicForum in Davos, Switzerland, Prime minister Narendra Modi delivered the Indian ideology of "Vasudhaiva Kutumbakam" meaning World is One.
He asked the countries to bridge distances between them.
PM Modi said, " India has always believed in values of integration and unity, " Vasudhaiva Kutumbakam" which means the entire world is one family. It is relevant to bridge distances".
Referring to the topic of the WEF," Creating a shared future in fractured world"he said the world is facing challenges in maintaining peace, stability and security. "
He said the topic here is " Creating a shared future in a fractured world". New powers are changing the balance betweenEconomic and Political Strength. This is indicating a change in future of the world. World is facing challenges in maintainingpeace, stability and security.
He further highlighted the threat of shrinking globalisation and called it a greater threat than terrorism or climatic change.
He said " Many societies and countries are becoming self-centred. It seems that globalisation, as opposed to its definition, is shrinking. Such misplaced preferences can't be considered any lesser threat than terrorism or climate change. We must admit shine of globalisationis fading."