'If Situation Doesn't Change Rapidly...': PM Modi Warns Of Tough Decade Amid Middle East Crisis | WATCH

Prime Minister Narendra Modi on Saturday said the world is grappling with a series of new challenges ranging from the COVID pandemic and wars to the ongoing energy crisis, warning that decades of global progress could be undone if the situation does not improve quickly. Speaking in the Netherlands, PM Modi said India and the Netherlands are working together to build “future-ready supply chains” to tackle emerging global uncertainties and ensure economic resilience. His remarks come amid tensions in the Middle East."The world is dealing with new challenges. First Corona, then war and today's energy crisis. This decade is becoming full of challenges. If the situations are not changed rapidly, the achievements of last multiple decades will be wasted

and a huge section of the world's population will drown in poverty... In such times, India and Netherlands are making endeavours to establish a future-ready supply chain," said PM Modi.

PM Modi hails India-Netherlands partnership

Speaking about the India-Netherlands partnership, PM Modi said that the two nations are working together excellently in various sectors, including energy security and water security. "The FTA between India and the EU will further strengthen the partnership between India and the Netherlands. The Netherlands will become a natural gateway for Indian businesses to enter Europe, and our Indian community can serve as a trusted bridge in this journey," he remarked. He also spoke about how India is at the center of growing start-ups around the world. "Today, India is dreaming big. India's youth aspire to propel the country forward in the fields of AI and semiconductors. India is home to the world's third-largest startup ecosystem. Contemporary India is undergoing a phase of unprecedented transformation. The country is operating the world's largest government-funded health insurance scheme," he said. PM Modi will remain in the Netherlands till May 17. This marks his second visit to the country, with his previous visit taking place in 2017. The current visit comes at an important juncture in India-Netherlands bilateral relations and is expected to further strengthen strategic cooperation between the two nations.(With agency inputs)