In a bid to bridge the digital divide that exists among countries of the Global South, India has pledged willingness to contribute USD 25 million to a Social Impact Fund to accelerate progress in Digital Public Infrastructure in the Global South.
Authors
Mohan Kumar, Dean, Professor, O.P. Jindal Global University, Sonipat, Haryana, India
Summary
India did well to convene the third edition of the “Voice of the Global South Summit” on 17 August 2024. Like past editions, this meeting too was conducted in virtual mode. It was represented by 123 countries, testifying to the popularity and importance attached to the summit by countries belonging to the Global South. PM Modi in his closing remarks at the Voice of the Global South Summit proposed a “Global Development Compact”.
While the details remain to be fleshed out, PM spelt out the broad contours thus: The foundation of this Compact will be based on India’s development journey and experiences of development partnership. This Compact will be inspired by the development priorities set by the countries of the Global South themselves. There is no better example of South-South cooperation and India’s unwavering commitment to “Vasudaiva Kutumbakam” or the World is one family.
Published in: Financial Express
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