India has emerged stronger over last 65 years: Krishna
May 3rd, 2011 - 6:12 pm ICT by ANINew Delhi, May 3 (ANI): Stating that India has emerged stronger over the course of about 65 years, External Affairs Minister S.M. Krishna said New Delhi is well prepared to address developmental challenges and to contribute to global peace and development.
“As a result of these historical achievements, which are underpinned by the strength of our democratic institutions, we are well prepared to address our own developmental challenges and also to contribute to global peace and development,” Krishna told The Star in an interview.
Rankings are secondary and only consequential to meeting these objectives well. It is also clear that in this century, there is a perceptible and growing shift in global power to Asia,” he added, when asked whether India can rise to become the fourth most powerful nation by 2025
Krishna said the country’s GDP has increased from low double digit in billion US dollars to over a trillion US dollars.
“Even as the population has grown about four times, we produce more than four times food grain than we produced in 1950. Hundreds of millions have been pulled out of poverty and illiteracy and the resultant death and disease,” said Krishna.
“Sustained high growth since economic reforms and liberalisation introduced in the early 1990s has put India as the fourth largest economy in the world, behind the EU, US, China and Japan, on Purchasing Power Parity,” he added. (ANI)
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Tags: death and disease, democratic institutions, developmental challenges, early 1990s, economic reforms, economy, external affairs minister, food grain, gdp, global peace, global power, illiteracy, India, krishna, liberalisation, New Delhi, population, poverty, purchasing power parity, trillion