Ummid Assistant

IDB scholarship forms available at Bhopal's Companion School

IGNOU's preparatory course for students desiring higher education

Welcome Guest! You are here: Home » International

Build global governance structures, India urges NAM

Thursday August 30, 2012 11:18:49 PM, IANS

Related Article

No fireworks on Syria at NAM summit: India

India doesn't expect any "fireworks" on Syria at the two-day summit of the Non-Aligned Movement NAM) beginning here Thursday, even as it again urged both sides to the conflict "to stand  »

Tehran: Admitting to deficits in global governance, India Thursday called on the Non-Aligned Movement (NAM) to "take the lead" in reforming international institutions like the UN, even as it urged member states to tackle problems by "developing solutions that are best suited to our own circumstances".

Addressing the 16th NAM summit here, Indian Prime Minister Manmohan Singh also sought immediate steps to reduce tensions in global hotspots like West Asia and North Africa.

NAM summit represents 120 countries.

According to Manmohan Singh, "the deficit in global governance is perhaps most stark in the sphere of international peace and security and in restoring just and fair economic mechanisms".

"Our movement should take the lead in building global governance structures that are representative, credible and effective," he said, adding it was his "sincere hope" there can be agreement "on action to reform institutions such as the United Nations Security Council, the World Bank and the IMF".

"Existing problems cannot be solved effectively without a greater voice for developing countries on issues such as global trade, finance and investment," Manmohan Singh said.

Noting in this context that developing countries can be "drivers of global growth", he said that international financial institutions should be encouraged to fund infrastructure development in the developing world "in innovative ways".

"We should also urge that the current economic crisis should not lead to a dilution of development assistance flows from the developed world," Manmohan Singh cautioned.

Pointing to the other tasks ahead for NAM members, the prime minister urged them to collaborate "in tackling problems and developing solutions that are best suited to our own circumstances".

"For example, the developing world is rich in renewable sources of energy like solar power. We should use our financial and intellectual resources to develop renewable energy technologies that get less attention in the industrialised world where the resource base is different. Adoption of these technologies will also enable us to contribute to preservation of the environment.

"We can learn from each other in this effort," the prime minister added.

Similarly, food security is a "basic problem" for many NAM-member countries as excessive speculation, structural bottlenecks and lack of coordination "are fuelling food inflation at the global level", Manmohan Singh said.

"Our movement should push for effective food policy coordination and cooperation at the global level in areas such as agricultural productivity, weather forecasting and research and development," he added.

Manmohan Singh also focused on the need to invest in the knowledge economy and building human resources so that the youth, when faced with "our unique developmental challenges", have the creativity and energy to find solutions "that are innovative, frugal and affordable".

"We need to provide them skills and equip them to find productive employment in a rapidly changing and inter-connected global economy," the prime minister said. India would be happy to contribute to a NAM initiative on skill development, particularly focused on the knowledge economy.




Home | Top of the Page


Note: By posting your comments here you agree to the terms and conditions of

Comments powered by DISQUS




More Headlines

Guidelines being framed on health food in schools, court told

Mehbooba Mufti seeks positive approach on Kashmir problem

Government approves plan to promote hybrid vehicles

Wipro to train school teachers in US

Consumption in rural India growing faster than urban areas: CRISIL

Thumbs down to benefits of chocolate, red wine

Tens of thousands march in Chile for better schools

Government cannot be linked to 2002 massacre: Gujarat

Naroda witnesses happy with court verdict

Punjabi to Persian, Kendriya Vidyalaya Tehran teaches it all


Top Stories

Ex BJP minister among 32 convicted in Naroda Patiya massacre

A special court in Gujarat Wednesday convicted 32 people, including a former Bharatiya Janata Party (BJP) minister, for the massacre of 97 people in Naroda Patiya locality  »

Minister's involvement only with Modi's consent: Congress on Naroda

Bajrang Dal leader said he felt like Rana Pratap after Naroda killings


  Most Read

Naroda witnesses happy with court verdict

Shakeela Banu Ansari cannot forget the horror of the night of Feb 28, ten years ago when she lost her entire family to a murderous mob in Naroda Patiya. Though she is happy with the court verdict convicting 32 people for the massacre of 97 Muslims »

Government cannot be linked to 2002 massacre: Gujarat

Supreme Court upholds Kasab's death sentence

The Supreme Court Wednesday upheld the death sentence of Ajmal Kasab, the only surviving Pakistani terrorist behind the 26/11 Mumbai strike that claimed 166 lives. "We are constrained to hold that the death penalty is the only sentence  »

Had Kasab not been caught, terrorists might have passed as Indian Muslims: SC


  News Pick

Consumption in rural India growing faster than urban areas: CRISIL

For the first time since economic reforms began two decades ago, consumption in rural India is growing faster than in urban areas, a survey by ratings and research firm CRISIL revealed  »

Wipro to train school teachers in US

Indian IT major Wipro Limited will train 120 school teachers in partnership with the University of Massachusetts in Boston, US, over the next three years to foster excellence in science education among students.  »

France opens murder investigation in Arafat’s death: Sources

French prosecutors have opened a murder enquiry into Palestinian leader Yasser Arafat’s 2004 death near Paris, sources close to the matter told AFP Tuesday. The probe comes after Arafat’s »

No charges against US troops for Qur’an burning

Six US army soldiers and three marines have escaped criminal charges for burning copies of the Qur’an and urinating on the corpses of Taliban fighters in Afghanistan, but have received administrative punishments  »


Picture of the Day

Prime Minister Dr. Manmohan Singh with President of Iran Mehmoud Ahmadinejad, before a meeting, on the sidelines of the XVI Non-Aligned Movement (NAM) Summit, in Tehran, Iran on August 29, 2012.



RSS  |  Contact us


| Quick links



Subscribe to

Ummid Assistant



Science & Technology



About us




Government Schemes










Contact us




    Disclaimer | Terms of Use | Advertise with us | Link Exchange is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.

© 2012 Awaz Multimedia & Publications. All rights reserved.