Terrorism not only damages society but also impacts the economy: Lok Sabha Speaker Om Birla

TOKYO: Lok sabha Speaker on Monday said terrorism It is the first and main challenge today, while the world is dealing with several other problems that not only obstruct development efforts but also pose a serious threat to humanity.

Birla will attend the Summit of Parliamentary Speakers of the G20 countries (P-20).

The Lok sabha Speaker added that terrorism not only damages the society but also significantly impacts the economy and destroys the development that has already taken place.

He said that another important challenge facing the world is that it is not only altering the character of our planet, but it is also creating critical risks and instability for future generations, adding that the issue should be considered in a comprehensive manner, taking into account the principles of equity and common but differentiated responsibilities.

Birla also referred to the 2030 Agenda and its SDGs reflect India's development priorities. He said: There is a convergence of India's national development goals and the agenda of 'Sabka Saath, Sabka Vikas' or 'Collective efforts, inclusive growth' with the SDGs. To accelerate the pace of implementation of the development agenda, India has deployed the 'Strategy for New India @ 75', which is aligned with the SDGs and aims to propel India towards an economy of 5 billion dollars by 2024 .

Earlier, when addressing presidents on the topic 'Using innovative technology towards a human-centered society', Birla said that technology and innovations are producing significant changes in the way societies and economies are managed. He said they are gaining ground and present an opportunity to meet the growth aspirations of developing countries.

The speaker from Lok said that, for India, digitalization presents, in an integral, continuous and effective way, an unprecedented opportunity to realize the aspirations of 1,320 million people and, through Aadhaar, 1,240 million digital identity has been provided of people in the country.

In addition, he noted that in India, digital payment has increased exponentially through the Bharat Interface for Money (BHIM) based on UPI and the financial inclusion scheme as. Bank accounts have been provided to more than 370 million new beneficiaries. The information technology services industry in India employs about 4.14 million workers, of which 30 percent are women, he added.

On the use of ICT in the Parliament of India, Birla said that the use of information and communication technology is benefiting not only by making Parliament's work more transparent and efficient, but also by strengthening the Ways to perform functions effectively.

Birla also met with the presidents of Mexico, Indonesia , Russia, the Netherlands and other countries in Japan.

The parliamentary summit, unofficially called P20, is being jointly organized by the House of Councilors of the National Diet of Japan and the Interparliamentary Union, an international organization based in Geneva.