Prime Minister Narendra Modi on Saturday called for a profound rethink of the global development parameters and proposed setting up of a G20 initiative to counter the drug-terror nexus and a global healthcare response team. Addressing the opening session, PM Modi said the G20 has long shaped global finance and growth, but prevailing models have deprived large populations of resources and driven the over-exploitation of nature — challenges felt acutely in Africa.
The PM also presented the principle of Integral Humanism, which he said showed a way forward in striking a balance between development and nature. The prime minister outlined four path-breaking new initiatives — the Global Traditional Knowledge Repository, the G20-Africa Skills Multiplier Initiative, the G20 Global Healthcare Response Team, and the G20 Initiative on Countering the Drug-Terror Nexus.