Jaishankar Praises Indias Resilience Amid Global Shocks at IIM Raipur

External Affairs Minister S. Jaishankar addressed the 15th annual convocation of the Indian Institute of Management in Raipur on Saturday, stating that India has demonstrated strong resilience in navigating recent global shocks, including the COVID-19 pandemic, the Russia-Ukraine war, and the ongoing conflict in West Asia.

Jaishankar highlighted that the country has managed both domestic and external challenges successfully amid a turbulent international landscape. He noted that no one can dispute the multiple shocks that have tested India's endurance and that the nation has emerged solidly from them. The minister pointed to the profound impact of distant conflicts on societies worldwide, attributing this to the depth of globalization. Specifically, he referenced the West Asian crisis, which began in February with strikes by the United States and Israel on Iran, followed by Iranian retaliation that has disrupted global fuel supplies and caused hydrocarbon shortages.

In his speech, Jaishankar described the current global turbulence as structural, driven by shifts in relative power and influence among countries. He explained that advancements in technology, energy, military...