In an increasingly changing world order, India’s stance is clear: the country stands for a “co-operative and rules-based global system”, a top aide to the Prime Minister said Friday. At the same time, India is “proactively forging partnerships and strategies to secure national interest in a world where power is more diffused”, Principal Secretary to PM Shaktikanta Das said here. Stating that traditional multilateralism is under severe strain, Das said key international institutions are struggling to deliver on their mandates.. He said that multilateralism is increasingly being sidelined by geopolitical rivalries, protectionism and fragmentation, with critical sectors like semiconductors, rare earths, energy and pharmaceuticals being leveraged as tools of influence and exposing vulnerabilities, especially in dependent economies Das was speaking on the theme ‘Indian economy, a story of rising credibility’ at the inaugural Bibek Debroy Memorial Lecture. Debroy, former Chairman, Economic Advisory Council to the Prime Minister (EAC-PM), was a contributing editor for The Indian Express. India stands today at the cusp of a historic journey – from being an incredible India to a credible …