Concept of globalisation needs to be revisited, can't be allowed to be defined by interests of a few: S Jaishankar

NEW DELHI: External affairs minister S Jaishankar on Friday suggested that the concept of globalisation needs to be revisited and that it cannot be allowed to be defined by the “interests of a few, who visualise that process largely in financial, trade and travel terms”.

Stressing that the concept of globalisation needs to be revisited, the minister said it cannot be allowed to be defined by the interests of a few, who visualise that process largely in financial, trade and travel terms.

“The true challenges are more phenomena like terrorism, pandemics and climate change. These are the issues that will really test the seriousness of multilateralism,’’ he said.


The minister said India needs to be more self-generating and self-sustaining. He said during this phase of the global pandemic, India will create opportunities by giving primacy to employment generation, innovation and digitisation. Reiterating Prime Minister Narendra Modi’s recent message, he said the government not only seeks to Make in India, but to do so while making for the world.

He was delivering the presidential address at the 19th Darbari Seth Memorial Lecture organised by The Energy and Resources Institute (TERI).