Strong India-Australia partnership, key in shaping post-COVID world: PM Modi

New Delhi, Feb 19: Prime Minister Narendra Modi on Friday said that a strong India-Australia partnership will play an important role in shaping the post-COVID world.

Addressing the India-Australia Circular Economy (I-ACE) Hackathon, 2021, PM Modi said "This hackathon saw innovative solutions from India and Australia. These innovations will inspire our countries in taking circular economy solutions. We must now also explore ways to scale and incubate these ideas."

"The concept of the circular economy can be a key step in solving many of our problems. Recycling, reusing, eliminating waste and improving resource efficiency must become part of our lifestyle," the prime miniter said.

"We must never forget that we are not the owners of all that Mother Earth has to offer, but merely its trustees for all the future generations to come," he said.

Stressing that it is not enough to make production processes more efficient and less polluting, Modi said no matter how fast or slow one drives, if the direction is wrong, then one is bound to reach the wrong destination.

"And so, we must set the right direction," he added.

The prime minister called for looking at consumption patterns, and how their ecological impact can be reduced.

Noting that this is where the concept of a Circular Economy comes in, Modi said the concept can be a key step in solving many of our challenges.

Recycling and reusing things, eliminating waste, and improving resource efficiency must become part of our lifestyles, the prime minister asserted.

Circular economy implies reusing waste back into the production cycle to make new products and uses instead of wasting such materials with embedded resources.

He asserted that the power of youth comes from openness to new ideas and innovations, and the ability to take risks.

The energy and enthusiasm of today's youthful participants is a symbol of the forward-looking partnership between India and Australia, he said.

"I have full confidence in the energy, creativity and out-of-box thinking of our youth. They can offer sustainable, holistic solutions to not just our two countries but to the whole world," the prime minister said.

The strong India-Australia partnership will play an important role in shaping the post-COVID world, he said.

"And our youth, our young innovators, our startups, will be at the forefront of this partnership," Modi asserted.

He noted that in June last year, Australian Prime Minister Scott Morrison and he discussed the possibility of organising a hackathon on the Circular Economy, and was happy that their idea has been realised so soon.

In his remarks, Morrison also lauded the joint initiative.