India
Expressing his gratitude for the prestigious honour, PM Modi has accepted the award.
Updated : Oct 24, 2018, 11:22 AM IST
Prime Minister Narendra Modi has been conferred with the 2018 Seoul Peace Prize for his contribution to international cooperation and fostering global economic growth.
"The Seoul Peace Prize Committee has decided to confer the 2018 Seoul Peace Prize on Prime Minister Shri Narendra Modi, in recognition of his dedication to improving international cooperation, raising global economic growth, accelerating the Human Development of the people of India by fostering economic growth in the world's fastest growing large economy and furthering the development of democracy through anti-corruption and social integration efforts," the Ministry of External Affairs said in a statement.
Expressing his gratitude for the prestigious honour, PM Modi has accepted the award, the MEA said.
"The world acknowledges. PM Narendra Modi awarded prestigious Seoul Peace Prize 2018 for contribution to high economic growth in India and world through 'Modinomics', contribution to world peace, improving human development & furthering democracy in India," MEA spokesperson Raveesh Kumar tweeted.
The ministry said the award will be presented to Modi by the Seoul Peace Prize Foundation at a mutually convenient time.
The Seoul Peace Prize was established in 1990 to commemorate the success of the 24th Olympic Games held in Seoul. The award was established to crystalise Korean people's yearning for peace on the Korean peninsula and in the rest of the world.
While conferring the award on Modi, the award committee recognised his contribution to the growth of Indian and global economies, crediting 'Modinomics' for reducing social and economic disparity between the rich and the poor, the MEA said.
The committee lauded Modi's initiatives to make the government cleaner through anti-corruption measures and demonetisation, it said.
The committee also credited him for his contribution toward regional and global peace through a proactive policy with countries around the world under the 'Modi doctrine' and the act east policy, it said.
He is the 14th recipient of the award and the past laureates included former UN Secretary General Kofi Annan, German Chancellor Angela Merkel and renowned international relief organizations like Doctors Without Borders and Oxfam.
BJP president Amit Shah and other party leaders lauded the Prime Minister for his achievement.
"It is a matter of great joy and immense pride for 130 crore Indians that PM @narendramodi has been honoured with the prestigious Seoul Peace Prize. PM Modi's efforts towards boosting global cooperation and raising global economic growth have been noted by the awarding committee," Shah said.
"The world is taking note of PM @narendramodi's leadership on key issues that face humanity and are appreciating his leadership skills. Through Sabka Saath, Sabka Vikas' PM Modi is at the forefront of building a better tomorrow for the world," he said.
(With PTI inputs)