"Lord Buddha's message is as relevant in the 21st century as it was two and a half millennia ago," Modi said at the International Vesak Day celebrations in Colombo where he was speaking as the chief guest.
Modi said the ideologies of hate and their proponents in the region are closed to notion of dialogue and hence only open to causing death and destruction.
"The biggest challenge to sustainable world peace today is not necessarily from conflict between the nation states," he said, adding that it was from the mindsets, thought streams, entities and instruments rooted in hate and violence.
Modi said he believes that "Buddhism's message of peace is the answer to growing arc of violence all over the world."
The themes of social justice and sustainable world peace, chosen for the Vesak day, resonate deeply with Buddha's teachings. The themes may appear independent. But, they are both deeply interdependent and interconnected, Modi said.
'Vesak Day' is a day celebrated by Buddhists around the world to commemorate the birth, enlightenment, and death of Buddha.
"Our region is blessed to have given to the world the invaluable gift of Buddha and his teachings," he said, adding that Buddhism and its various strands are deep seated in "our governance, culture and philosophy."
He said the countries of south, central, south east and east Asia are proud of their Buddhist links traced to the land of Buddha.
Modi said that he believes that both India and Sri Lanka are at a moment of great opportunity in its relationship.
"You will find in India a friend and partner that will support your nation-building endeavours," he said.
"My conversations with President Sirisena and Prime Minister Wickremesinghe have only reinforced our will to join hands in achieving our common goals," he added.
On Vesak, my hope is that India and Sri Lanka will work together to uphold the ideals of Lord Buddha and promote values of peace, accommodation, inclusiveness, and compassion, Modi said, adding that let us dedicate our efforts to follow the path of Buddha whose light shines all over the world.
The prime minister lit a lamp - a traditional practice - initiating the UN 'Vesak Day' celebrations.
Several Buddhist monks chanted prayers during which Modi closed his eyes and kept his hands folded.
Speaking at the event, Wickremesinghe thanked Modi for being the chief guest at the event.
"Proud to host Vesak Day celebrations in Colombo. I want to thank Prime Minister Modi for being the chief guest during the celebrations," Wickremesinghe said.
"Teachings of Buddhism are relevant in today's world. Buddhism shows a moderate path and need to consolidate social justice," he said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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