Abstract:
‘Vasudhaiva Kutumbakam’, an ancient Indian phrase meaning “the world is one family”, pithily
captures the spirit of India’s approach to all aspects of life including economic development.
The Sustainable Development Goals (hereinafter referred as ‘SDGs’) are, thus, part and parcel of the
country’s longstanding tradition and heritage.” The objectives do, in reality, closely resemble India's
development vision, as Prime Minister Narendra Modi emphasized in his speech at the United Nation’s
SD Summit in September 2015. He stated, to paraphrase, "The SDGs replicate much of India's
development agenda. Our country's ambitions are bold and well-intentioned; the globe and our lovely
planet will suffer greatly if one-sixth of humanity experiences SD.
India is currently the world's fastest-growing rising economy, and it places a strong emphasis on
socioeconomic justice, good governance, and low carbon growth. The country is also swiftly emerging
as a centre for some of the most advanced digital solutions. India understands that its efforts in this
"Decade of Action" will propel the globe towards a positive cycle of development and well-being
because it has 18% of the world's population and the biggest percentage of aspirant youth. It says that
“cascading and interlinked crises are putting the 2030 Agenda for SD in grave danger, along with
humanity’s very own survival”. At present, the world has entered a new phase of turbulence and
transformation, with the intertwined impacts of the profound changes and the COVID- 19 pandemic
both unseen in a century.