Prime Minister Narendra Modi on Friday received the prestigious Seoul Peace Prize for 2018 for his contribution to international cooperation and fostering global economic growth.
The award was presented by the Seoul Peace Prize foundation at a grand ceremony here.
While conferring the award on Mr. Modi, the award committee recognized 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 committee also credited him for his contribution toward regional and global peace through a proactive policy with countries around the world.
Modi 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.
A short film on the life and achievements of Prime Minister Modi was also screened at the event.