In a lengthy interview with Press Trust of India (PTI)) last week, Indian Prime Minister Narendra Modi made remarks on the new orientation taking hold of the BRICS and nations of the Global South. Modi said that while it is true G20 is an influential grouping in terms of its combined economic might, “a GDP-centric view of the world is now changing to a human-centric one,” and just as a new world order was seen after World War 2, a new world order is now taking shape.
“The shift to a human-centric approach has begun globally and we are playing the role of a catalyst. India’s G20 Presidency has also sowed the seeds of confidence in the countries of the so-called Third World,” he said.
Getting to the core of the kind of cynicism at the center of British monetarism, Modi said this: “For a long time, India was perceived as a nation of over 1 billion hungry stomachs. But now, India is being seen as a nation of over 1 billion aspirational minds, more than 2 billion skilled hands, and hundreds of millions of young people.”