India believes in 'Sabka Saath Sabka Vikas' on international level: PM Modi

Prime Minister Narendra Modi has said that India wants to carry along everyone with development, adding that the nation believes in 'Sabka Saath Sabka Vikas' not only at domestic level but also at international level.

"We believe in 'Sabka Saath Sabka Vikas' (Cooperation of all, development for all). This is not just for domestic programmes but also for international cooperation. We want to carry everyone along for development," the Prime Minister said during a panel discussion at the St. Petersburg International Economic Forum.

He shared the stage with Russian President Vladimir Putin and the leaders of Austria and Moldova.

"When we talk about world today then we will have to focus on the present as things have changed since 20-30 years. It is not the same bipolar world as before when nations were aligned either with the United States or the former Soviet Union. Today the entire world is inter-connected and inter-dependent. Therefore, you can see that every country is in some way or the other connected with each other," Prime Minister Modi added.

"There will be some dispute related issues and at some place there will be collaboration as well but everybody is walking together. The bond between Russia and India is based on faith and trust," the Prime Minister asserted.

He said that the 24-page St. Petersburg Declaration, released on Thursday after the summit with the Russian President, is a testament to India-Russia relation.

"I know the world will minutely scrutinize every word for future direction of our relations. Like Russia and China, it is true that we also have a border dispute with China. But in the last 40 years, not a single bullet has been fired because of it," Prime Minister Modi said.

He added that despite the differences, New Delhi and Beijing have come together on the BRICS platform to create two financial institutions, one headed by China where India is a partner and one BRICS Bank where the two regional superpowers are collaborators.