India-CARICOM Summit

Context: Prime Minister, during the India-CARICOM Summit held in Georgetown, Guyana, introduced a seven-pillar framework to enhance cooperation between India and Caribbean nations.

  • He proposed redefining the acronym “CARICOM” to signify key areas of collaboration, reflecting India’s commitment to strengthening ties with the Caribbean Community.

Seven Pillars (acronym “CARICOM“) Proposed by PM:

  1. Capacity Building:
    • Announced 1,000 IT scholarships and proposed a regional forensic centre.
    • Expanded India’s technology centre in Belize to include all CARICOM members.
    • Online training for civil servants.
  2. Agriculture and Food Security:
    • Shared India’s advancements in agriculture technology like drones.
    • Promoted millet cultivation for nutrition and sustainability.
  3. Renewable Energy and Climate Change:
    • Invited CARICOM to join the International Solar Alliance and other global initiatives like the Coalition for Disaster Resilient Infrastructure and the Global Biofuel Alliance.
  4. Innovation and Technology:
    • Shared India’s digital payment systems (UPI) and eMarketplace model.
    • Proposed collaboration on “Stack” infrastructure to support SMEs.
  5. Cricket and Culture:
    • Offered 11 women’s cricket scholarships for each CARICOM nation.
    • Proposed cultural exchanges through Festivals of India and Bollywood film festivals.
  6. Ocean Economy and Maritime Security:
    • Positioned CARICOM as “large ocean countries” with potential for marine resource development.
    • Pledged support for maritime security against piracy and trafficking.
  7. Medicines and Healthcare:
    • Shared affordable healthcare solutions via the Janaushadi scheme.
    • Proposed telehealth programs and advanced cancer treatment technologies.
    • Suggested adopting the Indian Pharmacopeia to reduce healthcare costs.