The world has witnessed extremely challenging times during the past two years plus, due to the Covid-19 pandemic. While India has almost recovered completely, the large part of the world is still reeling under its adverse impact in terms of physiological, psychological and economic factors. This black swan event has led to nations losing trillions of dollars’ worth of goods and services, and it would take a long time for the world to recover from this impact. Thanks to the very well thought out strategy to develop our own vaccine coupled with timeliest and well managed initiative to create required infrastructure, provisioning of massive medical aid and pharma subsidies, India has emerged as the lone bright spot in this globally gloomy scenario. The significant development in the ongoing more than a year-long RussianUkraine conflict, which has led to the major disruption to the energy sector, the scarce availability of agricultural produce and fertilizers leading to major disruptions in the supply chain globally has resulted into unprecedented industrial and economic recession even in the developed world. These two events are just the examples that highlights the significance of having faith in our own capabilities and the imperative for the nations to be Atmanirbhar or self-reliant.
This story is from the March 2023 edition of Geopolitics.
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This story is from the March 2023 edition of Geopolitics.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 8,000+ magazines and newspapers.
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