Jaishankar Praises IIM Raipur's Rise, Outlines India's Global Strategy

External Affairs Minister S Jaishankar commended IIM Raipur's progress during its 15th convocation ceremony. He stated that India has solidly navigated recent global turbulence, including the West Asian conflict and the Russia-Ukraine war. Jaishankar emphasized the necessity for India to hedge, de-risk, and diversify in a changing global order where everything is leveraged. He pointed to inclusive growth, digital adoption, and decisive leadership as foundations for achieving the Viksit Bharat 2047 goal.

Key Points: Jaishankar at IIM Raipur Convocation on India's Global Stance

  • India's resilient economic performance
  • Global order shifting with power changes
  • Need for hedging and de-risking strategies
  • Digital revolution embraced purposefully
  • Foundation for Viksit Bharat 2047
3 min read

"IIM Raipur made a name for itself": EAM Jaishankar at 15th convocation

EAM S Jaishankar addresses IIM Raipur convocation, highlighting India's resilience and the need for strategic hedging in a turbulent world.

"IIM Raipur made a name for itself": EAM Jaishankar at 15th convocation
"India has come through that solidly. We have managed both domestic and external challenges fairly successfully. - S Jaishankar"

Raipur, April 4

External Affairs Minister S Jaishankar on Saturday praised the progress of the Indian Institute of Management Raipur after attending its 15th Annual Convocation Ceremony in Chhattisgarh.

Speaking with the media, after the event, Jaishankar said, "The program went well. We visited IIM Raipur and saw the tremendous progress it has made. They have now made a name for themselves."

He also highlighted his interaction with students during the ceremony. "We also met the students who had come for the convocation. So, it went well," he added.

Earlier, addressing the 15th Annual Convocation Ceremony of IIM Raipur, External Affairs Minister S Jaishankar noted that India has "solidly come through" the turbulent global environment amid the West Asian conflict and the Russia-Ukraine war, "managing domestic and external challenges successfully."

Jaishankar called for "hedging, de-risking and diversifying" to secure India's interests as he noted that the resources can be used as leverage amid shifting power structures across the globe.

Jaishankar said, "The turbulence in the world currently is also structural in many ways. The global order is changing before our very eyes with visible shifts in the relative power and influence of countries. The politics of some societies find it difficult to come to terms with these changes. New developments in technology, in energy, military capabilities, in connectivity and in resources have encouraged risk-taking in an increasingly competitive environment. Everything today is being leveraged, if not actually weaponised. The world is then confronted with the prospect of securing itself in an increasingly volatile and unpredictable environment. This has necessitated hedging, de-risk and diversifying. Whether this is a business choice or a foreign policy."

"There is an optimism in our society that is lacking in many other parts of the world. Now you could ask, why is that? The last 10 years have been much better, giving rise to the confidence that the next 10 and those beyond will also be. We are, after all, now among the top five economies. No one can dispute that the multiple global shocks that have recently tested our resilience, and that India has come through that solidly. We have managed both domestic and external challenges fairly successfully," he added.

He emphasised building national capabilities to realise the goal of Viksit Bharat 2047, while lauding "inclusive growth, representative politics, and decisive leadership" by the Centre.

He said, "More inclusive growth, representative politics, and decisive leadership have created a new foundation from which we can all now harbour higher aspirations. We have not only embraced the digital revolution enthusiastically, but actually purposefully applied it to our lives. Even many developed societies have not done so. Maybe it is also the awakening of a can-do spirit."

- ANI

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Reader Comments

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Arjun K
"Hedging, de-risking and diversifying" – this is such a crucial lesson for both foreign policy and business strategy. The world is indeed volatile, and India needs to be smart. Glad our future managers at IIM Raipur are hearing this directly from the EAM.
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Rohit P
The optimism he talks about is real. As a young professional, I feel it. The digital push has changed everything from payments to education. But I hope this 'Viksit Bharat' goal also focuses on creating more jobs for all these bright graduates. The aspiration is there, need opportunities to match.
S
Sarah B
Interesting to hear an External Affairs Minister speak at a management convocation. His global perspective on risk is very relevant for MBAs entering the workforce. India's stable growth amidst global chaos is a strong case study in itself.
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Vikram M
Good speech, but I wish there was more concrete talk on how institutes like IIM Raipur can directly contribute to solving domestic challenges he mentioned. Management education should be tightly linked with grassroots economic development, not just global corporate strategy. Just a thought.
K
Kavya N
Chhattisgarh is developing well in the education sector. Having a top minister visit and praise IIM Raipur puts it on the national map. This will attract more talent and investment to the state. A positive step for regional balance in higher education.

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