PM Modi Unveils 'MAHASAGAR' Vision for Global South

By By Rediff Money Desk, Port Louis
Mar 12, 2025 13:34
Prime Minister Narendra Modi announced India's new vision for the Global South called 'MAHASAGAR' aimed at security and growth, highlighting trade, capacity building, and mutual security.
Port Louis, Mar 12 (PTI) From Mauritius, Prime Minister Narendra Modi on Wednesday unveiled a grand vision for security and growth for the Global South against the backdrop of China's relentless efforts to expand its influence in the region.

Modi made the remarks after witnessing the inking of several key agreements between India and Mauritius along with his Mauritian counterpart Navinchandra Ramgoolam in this capital city of the island nation.

Eight agreements were firmed up between the two sides providing for cooperation in an array of areas including maritime security, trade in national currencies and capacity building.

In his media statement, Modi announced that India's new vision for the Global South called "MAHASAGAR" or "Mutual and Holistic Advancement for Security and Growth Across Regions" will bring growth security.

"Our vision for Global South will be MAHASAGAR -- Mutual and Holistic Advancement for Security and Growth Across Regions," he said on the second and final day of his visit to this island nation.

"Our vision focuses on trade for development, capacity building for sustainable growth, and mutual security for a shared future," he said.

Modi described Mauritius as an important partner of India.

He also recalled how India's vision of SAGAR or Security and Growth for All in the Region was laid out in Mauritius 10 years ago.
Source: PTI
Read More On:
indiaglobal southmahasagarpm modimauritiussecuritygrowthtradecapacity buildingmutual security
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

NAFED Urad Procurement in UP: 50 Centers Open

NAFED to open 50 urad procurement centers in 17 UP districts. Farmers can sell at MSP...

NCLAT Asks Renewal of Bank Guarantee for IL&FS...

NCLAT directs Brookfield-backed Chronos to renew bank guarantee for acquiring IL&FS...

SBI Reduces Lending Rate After RBI Cut

SBI cuts lending rate by 25 bps after RBI rate cut. Loans become cheaper for borrowers....

Pakistan & Binance Pact: Tokenisation of Assets

Pakistan and Binance sign MoU for tokenisation of assets up to USD 2 billion. Boost...

IndiGo Seeks Rs 900 Cr Customs Duty Refund in...

IndiGo moves Delhi HC for Rs 900 crore Customs duty refund on re-imported aircraft...

Sebi Clears Pranav Adani in Insider Trading Case

Sebi clears Pranav Adani, Adani Group director, of insider trading charges related to...

Sebi Officials & Asset Disclosure: Privacy...

Sebi officials express privacy concerns over public asset disclosure. Pandey discusses...

New Labour Codes: Supply Chains, Wages, Skilling

New Labour Codes in India aim for frictionless supply chains, universal wage coverage,...

Fidelity Buys 6.3% Stake in Meesho

Fidelity International acquires a 6.3% stake in e-commerce firm Meesho. The stake is...

Wipro & Google Cloud Deploy Gemini AI

Wipro expands Google Cloud partnership to deploy Gemini AI across operations. Jointly...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com