NEW DELHI: Prime Minister Narendra Modi has been conferred with the Seoul Peace Prize for 2018 for his contribution to international cooperation and fostering global economic growth.
The Ministry of External Affairs said in a statement on Wednesday that PM Modi expressed his gratitude for the prestigious honour and in the light of India’s deepening partnership with the Republic of Korea, he has accepted the award.
“The world acknowledges. PM Narendra Modi awarded prestigious Seoul Peace Prize 2018 for contribution to high economic growth in India and world through ‘Modinomics’, contribution to world peace, improving human development and furthering democracy in India,” Ministry of External Affairs spokesperson Raveesh Kumar tweeted.
“I am glad that the Award Committee has taken note of ‘Modinomics’ whose foundation is to further a spirit of equality and empowerment for all sections of society. Furthermore, the PM’s bold and innovative foreign policy including the ‘Act East Policy’ have been hailed,” Shah tweeted.
I am glad that the Award Committee has taken note of ‘Modinomics’ whose foundation is to further a spirit of equality and empowerment for all sections of society. Furthermore, the PM’s bold and innovative foreign policy including the ‘Act East Policy’ have been hailed.
— Amit Shah (@AmitShah) October 24, 2018
The ministry said the award will be presented to PM Modi by the Seoul Peace Prize Foundation at a mutually convenient time.
The Seoul Peace Prize was established in 1990 to commemorate the success of the 24th Olympic Games held in Seoul. The award was established to crystalise Korean people’s yearning for peace on the Korean peninsula and in the rest of the world.
While conferring the award on PM Modi, the award committee recognised his contribution to the growth of Indian and global economies, crediting ‘Modinomics’ for reducing social and economic disparity between the rich and the poor, the Ministry of External Affairs said.
The committee lauded PM Modi’s initiatives to make the government cleaner through anti-corruption measures and demonetisation, it said. The committee also credited him for his contribution toward reginal and global peace through a proactive policy with countries around the world under the ‘Modi doctrine’ and the act east policy, it said.
Read Also : Two terrorists killed in Nowgam encounter in Jammu and Kashmir
