Coalitions of like-minded nations need of the hour: NITI Aayog vice chairman Rajiv Kumar

NITI Aayog vice chairman Rajiv Kumar has called for setting up of new coalitions of like-minded nations while strengthening and promoting the existing multilateral institutions to ensure a liberalised and multilateral order is put in place to serve the global community.

“Openness is under threat in some sense. We need to put our heads together to ensure a liberalised and multilateral order is put in place,” Kumar said while addressing a session of LEADS 2021 on future of global governance and development partnerships, organised by the Federation of Indian Chamber of Commerce and Industry.

Kumar is of the view that the corporate sector should take the lead in setting the world order post the pandemic. “Governments world over have tried but so far the corporate world has not lent their shoulder to reshape the world order,” he said.


“Economic Recovery is strengthening. This is the time to prepare for the post Covid world order,” he said, adding it can only happen when countries maintain the openness seen after the World War.

According to Kuamr, the business as usual approach will not work and that countries will have to think fresh, boldly and not have to be scared of entering into coalitions. “The world is too divided. We need to build new coalitions, if possible, between nations that respect the rule of law and the multilateral forum,” he said.

Kumar further said that the existing multilateral institutions have failed to achieve the primary objective of convergence between nations.

“The world is going through turbulent and transition times. We need global institutions that are nimble and sensitive. They should not retain inertia of the moment but respond to such times,” he concluded.