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2012 Global Prosperity Index released by the Legatum Institute finds Gujarat to be scoring highest on social capital in India 

Gujarat ranks 15th when compared among 142 nations. It ranks alongside Germany and scores better than several developed nation 

This is yet another recognition of the development in Gujarat under leadership of Shri Modi, following the Mantra of ‘Sabka Saath, Sabka Vikas’

In yet another mark of recognition for Gujarat’s unique growth model of ‘Sabka Saath Sabka Vikas’ (All together, growth for all), the 2012 Global Prosperity Index released by the Legatum Institute has found Gujarat to be scoring highest among on social capital among all states of India.

As a matter of fact, the state comes 15th when it is ranked globally compared to 142 nations standing alongside Germany and bettering many developed nations. The Social Capital indicator evaluates the strength of ‘social cohesion and engagement, as well as community family networks in a society.’

Legatum Institute 

Based in London, The Legatum Institute is an independent non-partisan public policy organisation. Its seeks to explore the foundations of prosperity through the lens of politics, economics, culture and philosophy.

Legatum Prosperity Index

Done by the Legatum Institute, this is a unique and robust assessment of national prosperity based on material wealth and personal well-being. It covers 96% of the world’s population and 99 % of the global GDP. 142 nations are benchmarked into 8 categories- Economy, Education, Entrepreneurship & Opportunity, Governance, Health, Personal Freedom, Safety & Security and Social Capital.

Social Capital has been found to be one of the most important components of prosperity. It is the accumulation of benefits accrued by a society whose citizenry is interconnected, trusting and found engaging in charitable behavior. It encompasses factors such as social cohesion and engagement along with community and family networks.


Report produced verbatim:

“India ranks 138th globally in the Social Capital sub-index, however, disaggregation of the data at the sub-national level reveals large differences within the country. Within India, the states of Gujarat and Uttarakhand have the highest social capital scores and would rank 15th and 18th, globally, in this sub-index, next to Germany and Belgium, respectively. In the state of Gujarat, 77% of respondents can rely on friends and family for help and 51% have donated money to a charity. 

Source: http://www.prosperity.com/Snapshots-1.aspx

 

Vindication of Visionary Leadership of Shri Narendra Modi

Just recently, Asia leading brokerage firm CLSA lauded the development in Gujarat under the leadership of Shri Modi. CLSA termed the Gujarat as being among the fastest growing states, with a growth model that is most unique. It noted that the Gujarat growth model is one that is sustainable and is a state where both agriculture and industry are thriving.

Importantly, CLSA noted that Gujarat is one of the best states in terms of improved governance in the past decade within the developed states and the results are visible in various sectors including literacy, PCI and drinking water facilities. It states that the improved governance in Gujarat will give a boost to Gujarat’s social sector.

With his Mantra of ‘Sabka Saath, Sabka Vikas’, all sections of Gujarati society are growing and tasting the fruits of development! 

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INDIA-EU LEADERS' MEETING
May 08, 2021
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At the invitation of the President of the European Council Mr. Charles Michel, Prime Minister Shri Narendra Modi participated in the India-EU Leaders’ Meeting today.

The meeting was held in a hybrid format with the participation of leaders of all the 27 EU Member States as well as the President of the European Council and the European Commission. This is the first time that the EU hosted a meeting with India in the EU+27 format. The meeting was the initiative of the Portuguese Presidency of the Council of the European Union.

During the meeting, the leaders expressed their desire to further strengthen the India-EU Strategic Partnership based on a shared commitment to democracy, fundamental freedoms, rule of law and multilateralism. They exchanged views on three key thematic areas: i) foreign policy and security; ii) COVID-19, climate and environment; and iii) trade, connectivity and technology. They discussed forging closer cooperation on combating the COVID-19 pandemic and economic recovery, tackling climate change, and reforming multilateral institutions. India appreciated the prompt assistance provided by the EU and its member states to combat its second COVID wave.

The leaders welcomed the decision to resume negotiations for balanced and comprehensive free trade and investment agreements. Negotiations on both the Trade and Investment Agreements will be pursued on parallel tracks with an intention to achieve early conclusion of both agreements together. This is a major outcome which will enable the two sides to realise the full potential of the economic partnership. India and the EU also announced dedicated dialogues on WTO issues, regulatory cooperation, market access issues and supply chain resilience, demonstrating the desire to deepen and further diversify economic engagement.

India and the EU launched an ambitious and comprehensive ‘Connectivity Partnership’ which is focused on enhancing digital, energy, transport and people-to-people connectivity. The Partnership is based on the shared principles of social, economic, fiscal, climate and environmental sustainability, and respect for international law and commitments. The Partnership will catalyse private and public financing for connectivity projects. It will also foster new synergies for supporting connectivity initiatives in third countries, including in the Indo-Pacific.

India and the EU leaders reiterated their commitment to achieving the goals of the Paris Agreement and agreed to strengthen joint efforts for mitigation, adaptation and resilience to the impacts of climate change, as well as providing means of implementation including finance in the context of COP26. India welcomed the EU’s decision to join CDRI.

India and the EU also agreed to enhance bilateral cooperation on digital and emerging technologies such as 5G, AI, Quantum and High-Performance Computing including through the early operationalization of the Joint Task Force on AI and the Digital Investment Forum.

The leaders noted with satisfaction the growing convergences on regional and global issues, including counterterrorism, cybersecurity and maritime cooperation. The leaders acknowledged the importance of a free, open, inclusive and rules-based Indo-Pacific and agreed to closely engage in the region, including in the context of India’s Indo-Pacific Ocean’s Initiative and the EU’s new strategy on the Indo-Pacific.

Coinciding with the Leaders’ Meeting, an India-EU Business Roundtable was organised to highlight the avenues for cooperation in climate, digital and healthcare. A finance contract of Euro 150 million for the Pune Metro Rail Project was signed by the Ministry of Finance, Government of India, and European Investment Bank.

India-EU Leaders Meeting has set a significant milestone by providing a new direction to the Strategic Partnership and giving a fresh impetus for implementing the ambitious India-EU Roadmap 2025 adopted at the 15th India-EU Summit held in July 2020.