Sustainable development goals can isher in a new era of cooperation and prosperity : major trends from 2015-2023

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.