Prime Minister Narendra Modi on Friday said every disruption should not be seen as destruction, as he underscored the importance of a technology driven society in bridging the social divide.
Observing that technology is giving voice to millions around the world and helping in breaking social barriers, Modi also stressed the need for combining innovation with human values to resolve the challenges of the 21st century.
Participating in a dialogue titled ‘Transforming Asia through Innovation’ at Singapore’s prestigious Nanyang Technological University(NTU), Modi spoke about the biggest challenges before the world, in particular Asia.
“The biggest challenge before us is that the 21st century belongs to Asia. But do we have this sentiment, I think that is the biggest challenge,” he said.
Modi said the notion that disruption makes destruction was not correct.
“Every new innovation looks like a disruption in the beginning. Technology driven society helps in countering social divide,” he added.
Technology has to be affordable and user-friendly, he said, adding a technology-driven society breaks social barriers.
“We should not see every disruption as destruction. People were apprehensive about computers but see how computers changed human history,” he said.
Modi said skills for the digital age, creating adequate jobs in the age of digital reception, agricultural productivity, water, pollution, rapid and mass urbanisation, climate change, building sustainable infrastructure and protecting the blue economy were some of the common challenges facing humankind.
“These challenges require collaboration among governments, universities and laboratories. Policy interventions are important, a lot of finance would be needed given the scope and magnitude. We need innovation and technology to address these challenges,” he said.
Modi cited a report by an American university on the economic development of 2,000 years according to which he said India and China contributed to 50 per cent of the world GDP for 1,600 years.