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Tuesday 18 February 2020

PM Modi awarded 2018 Seoul Peace Prize for ‘Modinomics, furthering democracy in India’

He is the 14th recipient of the award and the past laureates included former UN Secretary General Kofi Annan, German Chancellor Angela Merkel and renowned international relief organizations like Doctors Without Borders and Oxfam

New Delhi: Prime Minister Narendra Modi has been awarded the Seoul Peace Prize 2018 for his contribution to high economic growth in India and the world through ‘Modinomics’, the award citation stated.

 

His contribution to world peace, improving human development and furthering democracy in India, too, were the reasons for him getting the award, the Ministry of External Affairs (MEA) said Wednesday.

The MEA said in a statement that Modi expressed his gratitude for the prestigious honour and in the light of India’ 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 & furthering democracy in India,” MEA spokesperson Raveesh Kumar tweeted.

The ministry said the award will be presented to 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 Modi, the award committee recognised his contribution to the growth of Indian and global economies, crediting ‘Modinomics’ for reducing the social and economic disparity between the rich and the poor, the MEA said.

The committee lauded 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 regional and global peace through a proactive policy with countries around the world under the ‘Modi doctrine’ and the act east policy, it said.

He is the 14th recipient of the award and the past laureates included former UN Secretary General Kofi Annan, German Chancellor Angela Merkel and renowned international relief organizations like Doctors Without Borders and Oxfam.

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