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Tender: States-UTs urged to emulate Singapore model

Fiinews by Fiinews
October 3, 2025
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Kant calls on States-UTs to be dynamic and globally competitive

Every state and union territory should emulate the model of Singapore for a good urbanization, free enterprise and push for greater liberalization, to help make India’s decade and century, says Amitabh Kant, India’s former G20 Sherpa https://www.commerce.gov.in/.

“For ongoing efforts to make India’s decades and India’s century, every state and union territory of the country must carry the ambition to become the next Singapore – dynamic, innovative and globally competitive,” said Kant, also the former CEO of NITI Aayog.

Kant made the call for across India development in his address to the first ISAS-Khattar Family Lecture on “India’s rise in a fractured world” Opportunities and Challenges”, organized by the Institute of South Asian Studies, a think tank in the National University of Singapore https://ted.europa.eu/en/.

“Singapore is a critical partner in this journey,” he said on 2 Oct, referring to the accelerated pace of economic progress and infrastructure development taking place in the country of 1.4 billion people.

He highlighted the Comprehensive Strategic Partnership between the two countries, covering eight areas – economic cooperation, skills, digitization, sustainability, connectivity, healthcare, culture and defence https://ted.europa.eu/en/.

“It is a model of how two nations can pool strengths for mutual gains,” said Kant, pointing to Singapore being the largest investor in India’s finance sector, while joint efforts are being made on promoting Global Biofuels Alliance, people-to-people ties that are strengthened by student exchanges and cultural collaboration https://www.bseindia.com/.

The two countries’ cooperation covers technology, cross border payments such as UPI and PayNow, blockchain and fintech, green energy growth and economic reforms through trade agreements and easing business regulations, elaborated Kant.

Further, he called on Asian countries to pool their strengths, bridge gaps and create models for inclusive and sustainable growth for the world, which faces a disruptive economic and trade environments http://conexpoconagg.com.

“India’s development pathway has many lessons for the Global South – how digital tools empower citizens, how clean energy can be scaled, how bold reforms restore confidence,” he underlined https://www.nseindia.com/.

He also shared his views on South Asia, a region which stands at the threshold of global leadership, driven by robust economic growth and a burgeoning young population, saying, “This position the region as a pivotal engine of progress https://sbi.com.in/.”

He noted that South Asia continues to demonstrates resilience, innovation and transformation capacity despite complex challenges.

“Our diversity, dynamism and ongoing investments in education and technology signal an era where South Asia is set to play an increasingly influential and trailblazing role on the world stage,” underscored Kant. Fiinews.com

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